Obama is ObamaCare’s Man of Steal
Since the Cost Containment of Obamacare may not work, the Government Accountability Office (GAO) determined that the National debt compared to the Gross Domestic Product (GDP) would increase by 0.7 percent over 75 years under the worst case scenario.
Republican staff members on the Senate Budget Committee calculated the GDP to be $883 trillion between 2011 and 2085 and 0.7 percent of GDP over 75 years will add another $6.2 trillion to the National debt.
On January 31st, 2013, the GAO report on the effect of the Patient Protection and Affordable Care Act (PPACA aka ObamaCare) concluded that “Federal health care spending is expected to continue growing faster than the economy. In the near term, this is driven by increasing enrollment in federal health care programs due to the aging of the population and expanded eligibility. Over the longer term, excess cost growth (the extent to which growth of health care spending per capita exceeds growth of income per capita) is a key driver.”
Dr. Barbara Bellar – Obamacare Summed Up in One Sentence
Megyn Kelly: Democrats Committed Fraud By Not Representing Obamacare as a Tax
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Posted on July 15, 2013, in Humor, News, Political News, Political Satire, Satire and tagged Individual Mandate, Man of Steal, Mandate, ObamaCare, ObamaCare Taxes, ObamaCare's Man of Steal, Political Satire, President Barack Hussein Obama, Satire, Wealth Redistribution, Wordpress Political Blogs. Bookmark the permalink. Leave a comment.