President Obama after signing the healthcare bill in the East room in the White House in Washington. The signing took place on March 23, 2010.
President Won't Sign Bill That Adds to the Deficit
In 2009 President Obama promised that he wouldn't sign a health insurance bill that would add a dime to the deficit. Do you remember him saying that? Well, there's a study out from a former Bush administration official named Charles Blahous that says the health care law will at least add $340 billion to the national deficit, a figure which the White House considers "faulty" and "partisan. I do recognize that Blahous served in the National Economic Council in the Bush administration. However, he is a public trustee who oversees Medicare and Social Security finances who should know something about the numbers. As much as President Obama has lied, how can anyone trust Obama when he says that Obamacare won't add to the deficit? The healthcare bill that was signed in 2010 contains 2700 pages. In order to pressure key Democratic Senators and House members to sign the bill, the Obama administration and Congressional leaders used an array of bribes and kickbacks (such as the Cornhusker kickback) to ensure that the Affordable Healthcare bill would be passed by both Houses of Congress. Any bogus bill that contains 2700 pages is going to be full of pork. Who knows what's in the bill? I don't. I doubt the Democrats who voted for the bill knows what the entire bill contains. There are so many bribes and paybacks in that bill that it's not even funny.
When all the provisions of Obamacare are enacted in 2014, we'll find out whether or not Obamacare adds to the deficit. I project the estimated figures are very conservative. I wouldn't be surprised if Obamacare costs double that. We'll find out whenever insurance premiums increase to levels never seen before. As expensive as health care costs been within the last couple of decades, how can we expect Obama's healthcare bill will drive down costs? If it's true that Obamacare won't add a dime to the deficit, then that will mean that the quality of healthcare will be dramatically reduced. I'm making reference to healthcare services and advances. The kinds of advances that's been made in the medical field within the last few decades will come to a screeching halt because any type of innovation in the medical field costs money. I challenge anyone to try to prove that healthcare costs won't skyrocket when Obamacare is fully implemented in 2014. The bribes and paybacks alone will be costly.
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