How ObamaCare Will Further Explode the Deficit
Peter Ferrara, Forbes
President Obama bludgeoned Obamacare through Congress on the claim, backed by the Congressional Budget Office, that it would not add to the deficit, even though it adopts or wildly expands three entitlement programs. As I discuss in my new book available this week from HarperCollins, America’s Ticking Bankruptcy Bomb, close analysis of the CBO score and other new numbers indicates that, quite to the contrary, Obamacare will likely add $4 to $6 trillion to the deficit over the next 20 years, and possibly more.
There were three enormous conceptual errors in the CBO score, in addition to the budget trickery indentified by now House Budget Committee Chairman Paul Ryan. The first relates to the new middle class entitlement health insurance program...
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