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8/4/2013

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The law is now on track to add to the federal deficit in the first 10 years, albeit by a relatively small amount.Supporters argue that even with these changes ObamaCare is still cutting deficits because it’s lowering health spending and improving efficiency, and these savings will grow over time as deeper Medicare cuts and bigger tax bills kick in.But a January report from the Government Accountability Office found that claims of long-term ObamaCare deficit cuts are based on dubious cost-saving assumptions that several independent agencies “expressed concerns about.”After factoring those out, the GAO found ObamaCare will add $6.2 trillion to deficits over the next 75 years LINK
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