"The Senate bill is cleverly designed to gather revenues (higher taxes, fees, and other offsets) over the full 10 year window but delays paying out the major benefits, like subsidies, until the last 6 years. So, the 2010-2019 estimate is not a full cost estimate of all provisions fully implemented and will certainly add significantly to the true cost of the bill."
ObamaCare's budget trickery | FreedomWorks
Hey, remember that lying narrative? I do. Where's the "deficit" update now that its 10 years of revenue vs 10 years of benefits? oh yea, it was a lie. And they knew it was lie but of course they knew the 'typcial' con either didn't care it was a lie couldn't figure out it was a lie. They kinda figured out after "the president was born in Kenya and his BC is fake" that they could really just say whatever they wanted and they wouldn't be held accountable.
Hey, remember that lying narrative? I do. Where's the "deficit" update now that its 10 years of revenue vs 10 years of benefits? oh yea, it was a lie. And they knew it was lie but of course they knew the 'typcial' con either didn't care it was a lie couldn't figure out it was a lie. They kinda figured out after "the president was born in Kenya and his BC is fake" that they could really just say whatever they wanted and they wouldn't be held accountable.
On a year-by-year basis, revenues + cost savings in other areas are about equal to new spending on the coverage expansions.
"The Senate bill is cleverly designed to gather revenues (higher taxes, fees, and other offsets) over the full 10 year window but delays paying out the major benefits, like subsidies, until the last 6 years. So, the 2010-2019 estimate is not a full cost estimate of all provisions fully implemented and will certainly add significantly to the true cost of the bill."
ObamaCare's budget trickery | FreedomWorks
Hey, remember that lying narrative? I do. Where's the "deficit" update now that its 10 years of revenue vs 10 years of benefits? oh yea, it was a lie. And they knew it was lie but of course they knew the 'typcial' con either didn't care it was a lie couldn't figure out it was a lie. They kinda figured out after "the president was born in Kenya and his BC is fake" that they could really just say whatever they wanted and they wouldn't be held accountable.
2. If you take a look at the early years, it actually confirms the point that the OP claimed was a lie. The use of early-year revenue reductions and increased taxes are indeed used to offset the costs of out-year expenditures in order to keep the whole thing deficit neutral or reducing.
.
Oh silly, it does no such thing.
read this slowly. Con editorials ‘attacked’ the 10 year prediction of lowering the deficit in 2010 based on the fact that it was only 6 years of benefits. Now its 10 years of benefits. Where’s the update?
Hey, did you see that post above where I gave you the update and the cost has grown wildly?
Wait. Did you think it was a lie at the time that the benefits were only running during 6 of the 10 available years for scoring? Is it your belief that the exchanges have been running since 2010, and nobody knew about it?
wow, the same liars who told you "ten years of revenue vs 6 years of benefits" are still lying. If costs are growing "wildly" then certainly you can post the link showing Obamacare no longer reduces the deficit and actually increases the deficit. Oh wait, you think you aleady did. did your editorials revise the deficit reduction aspect of Obamacare? mmmm, the funny thing is this is what the CBO said.
CBO’s Estimate of the Net Budgetary Impact of the Affordable Care Act’s Health Insurance Coverage Provisions Has Not Changed Much Over Time
CBO | CBO
I don’t see the word “wildly” in the title. Do you? Now I know your brain is racing to find a string of words to make those facts go away but the simple truth is, if it was a budget gimmick, the CBO would have revised it each year. And Cp, I’m not posting what somebody is saying the CBO said. I’m posting what the CBO said. sometimes what the CBO says and what people say they said are wildly different.
Oh cp, my posts were clear that con editorials lied when they claimed the deficit reduction of Obamacare was achieved through some sort of budget gimmick. In case you missed it.
CBO’s Estimate of the Net Budgetary Impact of the Affordable Care Act’s Health Insurance Coverage Provisions Has Not Changed Much Over Time CBO | CBO
and there is nice graph showing costs lower than predicted. not wildly higher as con editorials would have you believe.
:doh Alright. We will take this slowly.
The Conservative Critique of the way the ACA was scheduled that you are bringing up is that Outlays (mostly in the form of subsidies) were delayed longer than Inlays (mostly in the form of tax increases and some spending cuts, some of which did and some of which did not happen) in order to produce an artificial score over the CBO's traditional 10-year window.
The sources you and Greenbeard have thus far cited confirm that analysis.
You are mistaking a lack of increasing the projected costs for subsidies with a lack of projected increase in deficit spending over a 10-year window.
Do you see now where the guy whose analysis you ran with mixed up one thing (annual impact on deficit aggregated over 10 years starting at present) for another (estimated cost of subsidies)?
1. It seems pretty heavily dependent upon those "cuts to other spending", which is to say, "not passing the doc fix and then accounting the savings on to fund Obamacare subsidies", and isn't going to happen.
2. If you take a look at the early years, it actually confirms the point that the OP claimed was a lie. The use of early-year revenue reductions and increased taxes are indeed used to offset the costs of out-year expenditures in order to keep the whole thing deficit neutral or reducing.
Where did they go, cpwill?
Tim-
Vern said:Now it is 10 years of benefits vs 10 years of revenue but the CBO said there is no change to the budgetary impact. If it was an “artificial score” or “budget gimmick” the deficit reduction ie budgetary impact would have changed each year as we approached 2014. It didn’t.
Perhaps you haven't gotten the memo but per capita spending growth in Medicare basically stopped in 2012.cpwill said:1. It seems pretty heavily dependent upon those "cuts to other spending", which is to say, "not passing the doc fix and then accounting the savings on to fund Obamacare subsidies", and isn't going to happen.
Between January and March of 2010 the CBO's estimates of Medicare spending fell by almost $600 billion thanks to statutory changes in the ACA.
Not, it doesn't. The only years that aren't deficit neutral or deficit-reducing on a year-by-year basis are 2016 and 2017, and both of them only just.
CP, remember how I said your posts will get more incoherent in an attempt to obfuscate what you said? I do. Humor me CP, answer one very simple question, did Obamacare costs increase wildly or less than expected?
If by that you mean the reduction in payment schedules, yes. Unfortunately, those estimates that have to be scored in the ACA don't come true in real life because we pass the Doc Fix every year.
In recent years, health care spending has grown much more slowly both nationally and for federal programs than historical rates would have indicated. For example, in 2012, federal spending for Medicare and Medicaid was about 5 percent below the amount that CBO had projected in March 2010.
In response to that slowdown, over the past several years CBO has made a series of downward adjustments to its projections of spending for Medicaid and Medicare. For example, from the March 2010 baseline to the current baseline, technical revisions—mostly reflecting the slower growth in the programs’ spending in recent years—have lowered CBO’s estimates of federal spending for the two programs in 2020 by about $200 billion—by $126 billion for Medicare and by $78 billion for Medicaid, or by roughly 15 percent for each program.
Be that as it may, the very accounting is a lie - Obamacare is not actually failing to run a deficit if costs in other parts of the government are being reduced. I could just as easily take $600 Bn, apply it to defense, and claim that the DOD budget this year was zero.
CBO | How Have CBO’s Projections of Spending for Medicare and Medicaid Changed Since the August 2012 Baseline?
Actual spending is coming in lower than the projections you're describing as unrealistic. That's real life.
"Net changes in other [primarily Medicare] spending" is a key part of how the ACA's coverage expansions are paid for. It turns out Medicare spending growth has slowed even more dramatically than the law's framers (and the CBO scorers) anticipated. That improves the deficit picture still further.
Wow, usually cons contradict themselves elsewhere in the thread or later in the same post even. I’ve never seen a con contradict himself in one sentence. Amazeballs! You are an amazing con CP. Anyhoo, everyone knew costs would go up. The CBO graph you so graciously posted proves that. And amazingly costs went up less than predicted but you foolishly used the term “wildly” so now rather than admit you were wrong you double down on your silliness.They increased wildly AS expected.
And of course its no shock that you still pretend not to understand my clear and straightforward point. My point (and it was clear) was republicans were lying when they said “it only reduces the deficit because of budget gimmicks”. If it only reduced the deficit because gimmicks, where’s the updated estimate with “10 years of benefits vs 10 years of revenue” for the 2014 - 2023 timeframe? yea, it still reduces the deficit hence it was a lie. And CP, that’s why lying conservative editorials got away from the lying “10 years of revenue vs 6 years of benefits” narrative and started using the deceptive “costs” narrative. they knew cons wouldnt understand their deceptiveness (your “wildly” statement proves it fooled you)We always knew that the 10 year costs were going to rise dramatically when we moved from scoring only 6 years of exchange expenditures to scoring 10 years of expenditures. That basic point (which you have labeled a "lie"), has not changed, and has instead been demonstrated as accurate as it's equivalent, that 2+2 does indeed = 4.
And as predicted out comes the incoherent babble. Read this slowly CP, if I said “costs increased less than expected” that means I knew costs were going up. For you to try to spin it (and dishonestly at that) that I think “it disproves the movement upwards” is just as sad and deperate as “They increased wildly AS expected. “ You simply were fooled by the deceptive “editorial” and you think its better to play dumb than admit the facts. Conservative editorials cant play you for the fool unless you let them.So now you are running around hollering that the dramatic increases that we knew were coming are actually coming in a small amount less than originally estimated as though it somehow disproves the movement upwards.
. Anyhoo, everyone knew costs would go up. The CBO graph you so graciously posted proves that.
And amazingly costs went up less than predicted but you foolishly used the term “wildly” so now rather than admit you were wrong you double down on your silliness.
And of course its no shock that you still pretend not to understand my clear and straightforward point. My point (and it was clear) was republicans were lying when they said “it only reduces the deficit because of budget gimmicks”.
If it only reduced the deficit because gimmicks, where’s the updated estimate with “10 years of benefits vs 10 years of revenue” for the 2014 - 2023 timeframe? yea, it still reduces the deficit hence it was a lie.
And CP, that’s why lying conservative editorials got away from the lying “10 years of revenue vs 6 years of benefits” narrative and started using the deceptive “costs” narrative. they knew cons wouldnt understand their deceptiveness (your “wildly” statement proves it fooled you)
Oh that’s right, you pointed to some front loaded revenues and savings and saying “AHA!”. Good one CP, except nobody (read that slowly) nobody denied some savings and revenues were frontloaded (mostly savings). The lie from republicans was that it only reduced the deficit because of that front loaded savings. Understand yet? Again, the 2014 -2023 estimate still shows it reduces the deficit so again, "only reduces the deficit because of gimmicks" was a lie.
Yes, thank you. That has been conservatives' point from the beginning - what you have labelled a "lie". I am glad to see you have reconsidered your position.
The 10 year cost has increased wildly - from 898 Bn to over 1.3 Trillion. Exactly of the type that conservatives have been pointing out would happen since the beginning.
yea, we're at the stage I seem to get to with every conservative. You cant admit you were wrong so you resort to "claiming victory". The increasing gross costs were always in the baseline and in no way change the fact that the republican narrative that "deficit reduction was achieved thru gimmicks" is and was a lie. You can only try to spin that fact away and deflect with your even more ridiculous narrative "costs increased wildly".
Of course you're happy to believe the deceptive narrative about "costs doubling". Again notice how 'conservative editorials' no longer address the deficit reduction aspect of Obamacare. Yea, if deficit reduction was achieved thru gimmicks, con editorials would be updating it daily.
you only embarrass yourself clinging to that "wildly" narrative.
Gross costs were always expected to go up.
Conservative editorials knew you would "swallow" that lying narrative with no questions asked. Obamacare lowers the deficit in the first decade and even more so in the second decade. so much for gimmicks.
If gross costs increased "wildly", why hasn't the net cost increased "wildly" too?
:doh because the law requires the CBO to score savings that aren't happening. The CBO in that estimate has to assume each year that we are going to not pass the Doc Fix, even though we are. Scoring imaginary savings as helping reduce the deficit is a gimmick. Trying to make up for that by scoring other reductions in mandatory spending that are unrelated as funding Obamacare as Greenbeard is attempting to do is a gimmick.
Now, what happens when you accept that we aren't going to wreck Medicare by dramatically reducing our reimbursement schedule? According to the GAO when you use a realistic set of assumptions, Obamacare Increases The Deficit by $6.2 Trillion Dollars.
mmmmm, I like how you use a National Review headline disguised as a link to a GAO report. Deceptive or dishonest? mmmmm, why not just link to the NR editorial instead instead? this what I read at National review.Now, what happens when you accept that we aren't going to wreck Medicare by dramatically reducing our reimbursement schedule? According to the GAO when you use a realistic set of assumptions, Obamacare Increases The Deficit by $6.2 Trillion Dollars.
Oh, before you decide to go off on that - the "realistic" scenario there is the one outlined by the CBO, the CMS trustees, and the chief Medicare actuary.
woops.
Yea, I think you just proved me calling you “deceptive” was being too kind. Much too kind. Again, you have to post blatant falsehoods to make your point. If we agreed, I wouldn't be correcting your false and deceptive points.I don't understand why you have to pretend that anyone is lying when we are in agreement.
1. The costs have increased rapidly (you could even say "wildly")
2. Everyone always knew this was going to happen
3. The initial effect was to downplay the cost of Obamacare.
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