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January 06, 2011, 10:33 AM EST
Jan. 6 (Bloomberg) -- Repealing the health-care overhaul law would deepen federal budget deficit by $145 billion from 2012 to 2019, the Congressional Budget Office estimates.
Individual insurance premiums would be “somewhat lower” than under current law, while coverage obtained through large employers would be “slightly” higher under an overhaul repeal, the CBO, the accounting arm of Congress, said in a preliminary analysis released today.
The overhaul President Barack Obama signed into law last March is projected to cost $938 billion during 10 years while resulting in a reduction in the annual budget deficit by slowing the growth in spending on health care, according to CBO. A repeal would deepen the deficit to $230 billion through 2021, according to the analysis released today.
Republican efforts to change the law passed under Democratic control of the chamber are originating in the U.S. House, where a vote to repeal the entire measure is scheduled for Jan. 12.
;how the dems can ALSO talk out of both sides of their mouths.
Someone on this board had posted a lot of Media Matters articles. What?...I can't post insulting articles but others can?
I apologize if I insulted you. If this group insults you, then what can I say? I just chose the first article I came across about the government shutdown. I checked their "About" page on the Heritage Foundation before posting the article and this is what was stated:
"The Heritage Foundation is a unique institution-a public policy research organization, or “think tank”. We draw solutions to contemporary problems from the ideas, principles and traditions that make America great.
We are not afraid to begin our sentences with the words “We believe,” because we do believe: in individual liberty, free enterprise, limited government, a strong national defense, and traditional American values.
We want an America that is safe and secure; where choices (in education, health care and retirement) abound; where taxes are fair, flat, and comprehensible; where everybody has the opportunity to go as far as their talents will take them; where government concentrates on its core functions, recognizes its limits and shows favor to none. And the policies we propose would accomplish these things.
Our expert staff—with years of experience in business, government and on Capitol Hill—don’t just produce research. We generate solutions consistent with our beliefs and market them to the Congress, the Executive Branch, the news media and others. These solutions build on our country’s economic, political and social heritage to produce a safer, stronger, freer, more prosperous America. And a safer, more prosperous, freer world.
As conservatives, we believe the values and ideas that motivated our Founding Fathers are worth conserving. And as policy entrepreneurs, we believe the most effective solutions are consistent with those ideas and values.
We believe that ideas have consequences, but that those ideas must be promoted aggressively. So, we constantly try innovative ways to market our ideas. We are proud of our broad base of support among the American people and we accept no government funds.