PDA

View Full Version : Obama The Mendacity of Hope continues


The Mad Crapper
03-05-2011, 08:36 AM
More lies and deceit from Hideous Destructor's administration...

Saving money by double counting
Ethel C. Fenig

How can Obamacare save money for Medicare? Easy. Double count; apply the same savings to both organizations. Apparently that's what Health and Human Services Secretary Kathleen Sebelius did.

Speaking at session of the House Energy and Commerce Health Subcommittee, Rep John Shimkus (R-IL) asked her "There is an issue here on the budget because your own actuary has said you can't double-count," said Shimkus. "You can't count - they're attacking Medicare on the CR when their bill, your law, cut $500 billion from Medicare."

He continued: "Then you're also using the same $500 billion to what? Say your funding health care. Your own actuary says you can't do both. [...] What's the $500 billion in cuts for? Preserving Medicare or funding the health-care law?

Sebelius' reply? "Both."

Well, at least she was honest.

I was shocked to hear the secretary admit that $500 billion is double-counted in the health-care law," said Shimkus after Thursday's hearing. "We knew the health-care law's actual cost was much greater than originally told to the public. And now, the truth is slowly coming out in administration reports and testimony."

Rep. Joe Pitts of Pennsylvania , the chairman of the subcommittee added, "The same dollar can't be used twice. This is the largest of the many budget gimmicks Democrats used to claim Obamacare would reduce the deficit."

Shocked? Rep Shimkus, that's the Chicago Way.

http://www.americanthinker.com/blog/2011/03/saving_money_by_double_countin.html

Hopey Change™

http://www.thoseshirts.com/images/square-small-mic.jpg

HonestChieffan
03-05-2011, 10:55 AM
sorry I reposted this. I call repost on me.

The Mad Crapper
06-23-2011, 09:31 AM
June 22, 2011
Crippled Housing Market to Take Another Hit on Behalf of ObamaCare
Posted by Dave Blount at June 22, 2011 3:06 PM

Good thing that the collapsing housing market that caused the Great Recession is all better now. Maybe it will survive this coming assault from the wildly metastasizing cancer that is our rogue government:

Beginning January 1, 2013, ObamaCare imposes a 3.8% Medicare tax on unearned income, including the sale of single family homes, townhouses, co-ops, condominiums, and even rental income. … This new ObamaCare tax is the first time the government will apply a 3.8 percent tax on unearned income. This new tax on home sales and unearned income and other Medicare taxes raise taxes more than $210 billion to pay for ObamaCare.
When George Bush Sr. broke his promise not to raise taxes, it ended his political career. The difference with Barack Hussein Obama is that even his supporters knew at the time that he was lying.

http://www.moonbattery.com/archives/2011/06/crippled-housin.html

http://www.moonbattery.com/snobama-snow-globe.jpg