GAO: Obamacare Will Add $6.2 Trillion To Deficits

budget-deficit-us

“First, I will not sign a plan that adds one dime to our deficits — either now or in the future,” said President Obama about health care reform on September 9th of 2009. “I will not sign it if it adds one dime to the deficit, now or in the future, period. And to prove that I’m serious, there will be a provision in this plan that requires us to come forward with more spending cuts if the savings we promised don’t materialize.”

Well, according to the GAO, Obamacare is set to add $6.2 trillion to budget deficits. So, uh, where’s that provision for spending cuts?

From Andrew Stiles:

The GAO report is essentially the first attempt to isolate and calculate Obamacare’s impact on the deficit beyond the traditional ten-year budget window. …

The baseline scenario is far more optimistic, largely because it does not take into account the concerns — expressed by the Congressional Budget Office (CBO), the Centers for Medicare & Medicaid Services (CMS) Trustees, and Medicare’s chief actuary — about “whether certain cost-containment mechanisms included in PPACA can be sustained over the long term.”

The alternative scenario, which incorporates the more realistic “alternative projections” suggested by CBO, the CMS trustees, and the chief Medicare actuary, is even more dire. Under this scenario, the “primary deficit” increases by 0.7 percent of GDP over the 75-year period. The GAO does not put a dollar value on that figure, but Senate Budget Committee staff has calculated, and GAO has confirmed, that it would amount to a $6.2 trillion increase in the federal deficit.

North Dakota readers will remember, also, that Senator Heidi Heitkamp claimed during her campaign that Obamacare would reduce the deficit. “If you look at the entire bill, and we can pull out CBO numbers, it actually is a budget saver,” she claimed to a citizen questioner (video here). “It actually reduces the deficit. Yeah, and so we’ll get you those numbers.”

That is demonstrably untrue. But don’t expect any reporters to call Heitkamp to task for her earlier comments.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • mickey_moussaoui

    Not to mention all the jobs obamacare will kill.

  • grammie

    Oh well just another Heidi and Obama lie, what difference does one more make? I wonder just how bad things are really going to be in 4 more years, all that has happen is one lie after the other and now this, and orders to lie about drones, It is awful just awful but the libs just don’t give a darn/

  • Wayne

    It’s Bush’s fault.

  • mikemc1970

    Liberals lie. It’s all part of the ideology. They can’t win you over with what progressivism/socialism/communism actually is. I’m mean you’re not going to vote for a guy if you knew his policies would lead to you having to wait several hours in line just to obtain some price controlled toilet paper. That is the perfect image of Democrat party policy, uneducated dolts waiting in line for toilet paper.

    • $8194357

      (Liberals lie. It’s all part of the ideology.)
      satan gave the “ideology” to the Illuminati.
      The Ilumminatti had Karl Marx “codify” it for them
      with the crony capitalist controled “Communist Manifesto”.
      The CPUSA (aka the Democratic Progressive Cacaus)
      took over the DNC with it after FDR put the “soviet central planning” DC all powerful un Constitutional government in place…
      Mandatory federal controled public education has indoctrinated the soviet system and replaced by dumming down the Constitutional Limited central government
      history with the UNESCO revisionist lies.
      International progressive bankers of the FRS have manipulated the government,
      currency and public debt since its founding in 1913 and the crash of 1929…
      We are a broke shell of our former Rule of Law above the rule of men Republic.
      Elitist international olagarchy has run the show since FDR and the FRS un Constitutionaly took power it didn’t have with the use of “manufactured crisis”.

  • sbark

    …..but if it saves just one life.
    Oop thats gun control…
    Who cares if it brings down our entire economic system

    • $8194357

      That is the actual intent..
      It has been since the communist illuminati got international progressive
      control of the soviet central planning Treasurary Dept..Redistribute the crony capitalist taxpayer wealth to the elitist one world government agendas and tear America down from within…Working great for them huh….

    • $8194357

      Author:
      Dennis Patrick

      I found the book to be a light read but with profound insinuations.
      A third of the way into the 198-page book appeared a list in support of
      the author’s contention that there are ways our Republic may be taken
      from us.
      “1. The people must be made to feel their utter helplessness and
      their inability to solve their own problems….
      “2. The principle of local self-government must be wiped out,…
      “3. The centralized government while appearing in form to represent
      the people must dutifully register the will of the leader or group in
      control.
      “4. Constitutional guarantees must be swept aside….
      “5. Public faith in the legal profession and respect for the courts
      must be undermined….
      “6. The law-making body must be intimidated and from time to time
      rebuked, so as to prevent the development of public confidence therein.
      “7. Economically the people must be kept ground down by high taxes
      which under one pretext or another they are called upon to pay. Thus
      they are brought to a common level, and all income above a meager living
      is taken from them. In this manner economic independence is kept to a
      minimum, and the citizen is forced to rely more and more on government
      that controls him….
      “8. A great public debt must be built up so that citizens can never
      escape its burdens. This makes government the virtual receiver for the
      entire nation.
      “9. A general distrust of private business and industry must be
      kept alive so that the public may not begin to rely upon its own resources.
      “10. Governmental bureaus are set up to control practically every
      phase of the citizen’s life. These bureaus issue directives without
      number, but all under the authority of the leader to whom they are
      immediately responsible….
      “11. The education of the youth of the nation is take under
      control, to the end that all may at an early age be inoculated with a
      spirit of submission to the system and of reverence for the benevolent
      leader.
      “12. To supplement and fortify all of the foregoing there is kept
      flowing a steady stream of governmental propaganda designed to extol all
      that bow the knee, and to vilify those who dare raise a voice of dissent.”
      Sounds familiar doesn’t it? In view of our turbulent times this
      statement describes our crisis perfectly.
      But wait. This is not a commentary on the contemporary scene. This
      quote appeared in the book written in 1944 by Samuel B. Pettengill.
      Obviously, Pettengill did not raise his critique of the Obama
      administration. He wrote his book as a critique of Franklin D.
      Roosevelt’s socialist crusade. Which goes to show that even a staid
      Democrat like Pettengill can change. But, in doing so, he paid a price.
      Pettengill, a Jeffersonian Democrat, represented Indiana’s Third
      Congressional District from 1931 to 1939. Ultimately his criticism of
      Roosevelt’s policies resulted in his fall from grace following his third
      term. Pettengill conceded he could not win a fourth term.
      He wrote “For Americans Only” to show how far the principles of
      Jefferson had been abandoned. In his book he shows that increasing
      Federal control over every facet of American life in general, and
      business life in particular, is increasingly destructive to the nation.
      Pettengill wrote his book in response to FDR’s New Deal but it
      applies equally to today’s self-imposed chaos. From that day to this the
      socialist drift has not changed. After all, Obama brazenly called for
      FDR’s principles and policies during his first campaign for president.
      In his second term he continues to implement them. Our nation now is
      headed pell-mell down the road FDR laid out three-quarters of a century ago.
      Our current regime fosters the same old socialist agenda warmed
      over. There is nothing new under the sun.

      • sbark

        The Lefts 75 yrs of “investment” in public education is paying off……they now beleive that something they abhored 50 yrs ago (Communism) is, under the word “fairness” is a good thing………

        • JoeMN

          sbark

          In the past, most people automatically rejected Communism in practice, even while not truly understanding the theory of Communism itself.
          Today’s children,( thanks to the public school indoctrination you mentioned), intimately recognize all it’s , slogans, tactics and concepts, such as redistribution, from each according to his ability, shared sacrifice, social justice, eat the rich, political correctness, ect

          while never knowing the horrors of Communism in practice.

          • $8194357

            And the lie that the “rich elite” are conservitive…
            They are the tryanists of the olagarchy in control.

        • $8194357

          Called by any other name the thing is still the thing.

    • $8194357

      Oh that old fashioned Constitution with its
      “2nd amendment fanatics”.
      sarc….

      http://conservativevideos.com/2013/02/sheriff-gun-confiscation-would-lead-to-second-american-revolution/

    • two_amber_lamps

      “But – to put it brutally – you can’t make an omelet without breaking eggs.”

      –Walter Duranty, English correspondent to USSR 1933 re: Stalin’s collectivization and resultant famine.

      • $8194357

        apoligist enablers
        useful fool tools
        Lemmings one and all

  • $8194357

    Its the same old agenda since FDR’s
    communist/socialist centralization of power so long ago, huh..

    By: Dennis M. Patrick
    Date: February 22, 2013

    THE SAME OLD AGENDA
    I came across a book recently containing a piece I thought worth
    quoting. Actually a friend from Army days strongly recommended the book
    to me. Consequently, I ordered the item on-line.
    I found the book to be a light read but with profound insinuations.
    A third of the way into the 198-page book appeared a list in support of
    the author’s contention that there are ways our Republic may be taken
    from us.
    “1. The people must be made to feel their utter helplessness and
    their inability to solve their own problems….
    “2. The principle of local self-government must be wiped out,…
    “3. The centralized government while appearing in form to represent
    the people must dutifully register the will of the leader or group in
    control.
    “4. Constitutional guarantees must be swept aside….
    “5. Public faith in the legal profession and respect for the courts
    must be undermined….
    “6. The law-making body must be intimidated and from time to time
    rebuked, so as to prevent the development of public confidence therein.
    “7. Economically the people must be kept ground down by high taxes
    which under one pretext or another they are called upon to pay. Thus
    they are brought to a common level, and all income above a meager living
    is taken from them. In this manner economic independence is kept to a
    minimum, and the citizen is forced to rely more and more on government
    that controls him….
    “8. A great public debt must be built up so that citizens can never
    escape its burdens. This makes government the virtual receiver for the
    entire nation.
    “9. A general distrust of private business and industry must be
    kept alive so that the public may not begin to rely upon its own resources.
    “10. Governmental bureaus are set up to control practically every
    phase of the citizen’s life. These bureaus issue directives without
    number, but all under the authority of the leader to whom they are
    immediately responsible….
    “11. The education of the youth of the nation is take under
    control, to the end that all may at an early age be inoculated with a
    spirit of submission to the system and of reverence for the benevolent
    leader.
    “12. To supplement and fortify all of the foregoing there is kept
    flowing a steady stream of governmental propaganda designed to extol all
    that bow the knee, and to vilify those who dare raise a voice of dissent.”
    Sounds familiar doesn’t it? In view of our turbulent times this
    statement describes our crisis perfectly.
    But wait. This is not a commentary on the contemporary scene. This
    quote appeared in the book written in 1944 by Samuel B. Pettengill.
    Obviously, Pettengill did not raise his critique of the Obama
    administration. He wrote his book as a critique of Franklin D.
    Roosevelt’s socialist crusade. Which goes to show that even a staid
    Democrat like Pettengill can change. But, in doing so, he paid a price.
    Pettengill, a Jeffersonian Democrat, represented Indiana’s Third
    Congressional District from 1931 to 1939. Ultimately his criticism of
    Roosevelt’s policies resulted in his fall from grace following his third
    term. Pettengill conceded he could not win a fourth term.
    He wrote “For Americans Only” to show how far the principles of
    Jefferson had been abandoned. In his book he shows that increasing
    Federal control over every facet of American life in general, and
    business life in particular, is increasingly destructive to the nation.
    Pettengill wrote his book in response to FDR’s New Deal but it
    applies equally to today’s self-imposed chaos. From that day to this the
    socialist drift has not changed. After all, Obama brazenly called for
    FDR’s principles and policies during his first campaign for president.
    In his second term he continues to implement them. Our nation now is
    headed pell-mell down the road FDR laid out three-quarters of a century ago.
    Our current regime fosters the same old socialist agenda warmed
    over. There is nothing new under the sun.

  • $8194357

    And along this same line of socialist/communist destroy from within agenda.
    The big three forms of financial/governmental systems used for the last 300 years?

    http://www.wnd.com/files/2013/02/communism-climb-to-the-top.jpg

    Ever wonder why the DHS put American citizens loyal to the Constitution or concerned with communism on the hit list with the ex military community?
    FDR put the central planning skeliton in place for the Federal Reserve illuminati international progressive one world new world order to suck the US dry, indoctrinate its citizenry into socialist doctrine and destroy the Constitutional rule of law from within, just as planned and per agenda….
    speaking of “agendas”…
    Check out the elitist plans found for the world in UN AGENDA 21….
    Total tyrany for all humanities needs coming soon….

  • two_amber_lamps

    GOOD NEWS COMRADES! We were first under the impression that Obamacare shall be deficit neutral, but then it came to light that we shall be on the hook for a paltry Trillion dollars… BUT NOW! BUT NOW the GAO has priced the long-term cost at $6.2T!?! A miniscule sum to pay for the promise of Utopian Paradise! Yes, yes, Tovarich, we stand on the cusp of the new dawn… a day when we can all be MOST EQUAL in our destitution!

    Comrade Zero’s grand vision comes to fruition! It is a good day… GOOD DAY TO BE AN AMERICAN!

    Speak now RAAAAAAA-cists/homophobes/misogynists! Let your HATE be heard so we may all know you for the malcontents you are, that you may be marked for shipment to a waiting bunk at a re-education facility (not) of you choice.

    (/sarc)

    • $8194357

      2 tru 4 statist indoctrination skool.

  • Dakotacyr

    What a bunch of hooey! Sessions asked for the report and specifically requested that provisions of the ACA not be inc,used in the report thus leading to this fantastical number.mmisleading to say the least.

    • two_amber_lamps

      Yes Comrade! All shall be as it should in the Great, Glorious Utopia of tomorrow… all you have to do is hope! Hope for change!

      Useful idiot.

      • $8194357

        Elitist puppets.

    • Thresherman

      So if it only adds 5.2 trillion to the debt, that’s okay then.

      • dakotacyr

        not true, Sessions requested that the report not include everything in the ACA so it would do just that. what a bunch of hooey!
        And Obama care is here to stay! Get over it!

    • realitybasedbrc

      you don’t honestly come to this site expecting rational thought or truth, do you?

      sky on Feb 26, 2013 at 1:02 pm

      During a Budget Committee Hearing on Tuesday, Sen. Jeff Sessions
      (R-AL) announced that the Affordable Care Act — which had been projected
      to reduce the deficit by billions over 10 years — would actually increase long-term debt
      by $6.2 trillion, undermining administration claims that the law would
      expand coverage to millions of Americans and help reign in federal
      spending.

      “A new government report
      dramatically proves that the promises made assuring the nation that the
      largest new entitlement program in history since Medicare — the
      president’s health care program — would not add a dime to the long or
      short term debt of America was false,” Sessions said, referring to a
      recently released study from the Government Accountability Office (GAO).

      “The results of this report confirm everything critics and
      Republicans have been saying about the health care bill and reveal the
      dramatic falsehoods that were used to push it to passage.” He went on:

      SESSIONS: According to the GAO under a realistic set of assumptions the
      health care law will increase the deficit by 7/10th percent of GDP or
      roughly $6.2 trillion over the next 75 years. $6.2 trillion
      unfunded liability of the United States. In other words, the GAO reveals
      that the big tax increases in the bill come nowhere close to covering
      the massive spending.

      Watch it:

      How is it possible that one report — requested by Sessions —
      conflicts so starkly with almost all other government assessments to
      confirm Republican talking points about the law? It’s simple: Sessions
      designed it that way.

      The Alabama senator asked the office to estimate would would happen
      if the cost containment provisions in the law — the Independent Payment
      Advisory Board, excise tax on high-cost plans, and reductions in
      Medicare payments to providers — are “phased out over time” while the
      coverage provisions remain. Unsurprisingly, the GAO concluded that if
      the portions of the law that were specifically designed to keep costs
      under control don’t go into effect, then the law won’t be effective in
      lowering health care costs. Sessions is touting the government
      expenditures included in the law — the affordability credits and
      Medicaid expansion — while ignoring its cost savings. The same report
      concluded that if “both the expansion of health care coverage and the
      full implementation and effectiveness of the cost-containment
      provisions” are sustained, “there was notable improvement in the
      longer-term outlook.”

      lol. nice try guys. tell us again how the muslim, atheist, kenyan, marxist, socialist, nazi, dictator is preparing FEMA camps for the nutters.

      laughable.

  • Anon

    Of course, Rob’s fails to note the GAO report concluded that if Obamacare is implemented “as-is, the U.S. deficit will decline 1.5 percent as a share of the economy over the next 75 years.” http://thehill.com/blogs/healthwatch/health-reform-implementation/285009-gao-health-law-will-increase-deficit-if-cost-cutting-measures-stop

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