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Myth #4: Trillions added to the deficit

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Obamacare adds trillions to our deficits and to our national debt, and pushes those obligations on to coming generations.
 -Mitt Romney, 06/28/2012

Actually, the Congressional Budget Office says that the health care law will lower the deficit, by about $124 billion over 10 years. The reason is simply that the health care law has offsetting revenue and cost savings that exceed new spending.

Read more in our new memo debunking the 12 biggest myths about the Affordable Care Act.

Notes

  1. jrbspeaks reblogged this from thirdwaythinktank
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    Obamacare adds trillions to our deficits and to our national debt, and pushes those obligations on to coming...
  3. wristwatchesareneat reblogged this from thirdwaythinktank and added:
    I have difficulty comprehending why people cannot see past...horrific demonising of...
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  6. theclassyconservative reblogged this from thirdwaythinktank and added:
    billion?! Wow! That’s incredible! Oh wait?...$15.8 trillion? Sounds like liberal math, to...
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