Dems have long been masters of manipulating facts to their needs but this is over the top, even by their standards. We've all heard the endless claims that health care reform will reduce the deficit by $230B and boy, those stupid republicans want to repeal this.
I've laid out the faults in the math, the creative accounting, and the rose colored glasses approach used to arrive at this figure. This link shows more fallacies in the math, but this statement sums it all up:
It will yield savings of $230 billion over the next 10 years: We increase spending by $540 billion while we increase taxes by $770 billion.
http://www.nationalreview.com/articles/257625/why-everything-starts-repeal-charles-krauthammer
That's right folks, $770B in additional taxes and this doesn't make a dent in the deficit which will also raise taxes for decades to come. And yet libbies are applauding this huge spending and tax increase and trying to sell to the US that repeal will increase the deficit.
I've laid out the faults in the math, the creative accounting, and the rose colored glasses approach used to arrive at this figure. This link shows more fallacies in the math, but this statement sums it all up:
It will yield savings of $230 billion over the next 10 years: We increase spending by $540 billion while we increase taxes by $770 billion.
http://www.nationalreview.com/articles/257625/why-everything-starts-repeal-charles-krauthammer
That's right folks, $770B in additional taxes and this doesn't make a dent in the deficit which will also raise taxes for decades to come. And yet libbies are applauding this huge spending and tax increase and trying to sell to the US that repeal will increase the deficit.