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Stunning Finding: President Health Law Creates $17 Trillion In Unfunded Financial Obligations

Laatste wijziging: zondag 1 april 2012 om 20:13, 1525 keer bekeken Print dit artikel Bekijk alle nieuws feeds van onze site
 
zondag 1 april 2012

WASHINGTON, March 29--On the Senate floor today, Ranking Member Sessions announced that a new Budget Committee analysis has found that the long-term, unfunded liabilities associated with President Obama's health care law will reach $17 trillion. The Committee's analysis is based on the Obama Administration's own numbers as well as those from the Congressional Budget Office. It is a modest, conservative estimate and yet is still more than double that of Social Security.

At a "bipartisan fiscal responsibility summit" in 2009, President Obama's then-OMB Director, Peter Orszag, stated: "To my fellow budget hawks in this room and in the rest of the country, let me be very clear: Health care reform is entitlement reform. The path to fiscal responsibility must run directly through health care." But despite this emphatic statement, the nation's unfunded liabilities--money we must spend but for which there is no source of funds set aside--increased from $65 trillion to $82 trillion since the health law was passed.



Bron: youtube.com

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