There seems to be a growing acknowledgment that ObamaCare socialized medicine will not cut federal spending as its Democrat backers promised before they imposed it on the United States last year.
When President Barack Obama repeated, in his recent State of the Union address, the claim that ObamaCare “reforms” will cut deficits by a quarter of a trillion dollars, fact checkers at The Associated Press took him to task.
“The idea that Obama’s health care law saves money for the government is based on some arguable assumptions,” AP noted.
Specifically, the news organization cast serious doubt on a misleading analysis by the Congressional Budget Office that ObamaCare will cut federal spending.
The CBO “crunches numbers” based on the financial assumptions given to it by members of Congress. In the case of ObamaCare, Democrats provided the CBO with lots of fishy assumptions.