Posted by JM Ashby
While the Republicans chase their own shadow in their farcical crusade to reduce the deficit, the CBO has dished out some tangible numbers for what would occur should the Republicans have their way in repealing or defunding "Obamacare."
The nonpartisan Congressional Budget Office estimated overturning the reform signed by Obama last year would add about $230 billion to the deficit by 2021 and result in 32 million fewer people having health insurance...
In a preliminary estimate, the CBO said repealing the healthcare overhaul would increase the federal budget deficit by roughly $145 billion by 2019. That figure would rise to about $230 billion by 2021, it said.
Does this mean the Republicans will abandon their campaign to repeal healthcare reform since they are so very serious about reducing the deficit? So serious, in fact, that they have already abandoned nearly every budgetary promise they campaigned on. Who will the Tea Party blame when they realize that none of their hopes and dreams have come to fruition?