CBO Drops Reality Bomb On Republicans: Repealing Obamacare Will Add $353 Billion to the Deficit

A new CBO report shows that Republicans want to repeal your healthcare so they can add $353 billion over the next ten years to the deficit.

The Congressional Budget Office released a report Friday that showed America just what deficit hawks who have no healthcare reform plan of their own Republicans really are.

Republicans want to repeal your healthcare so they can add $353 billion over the next ten years to the deficit. It is projected to add $3 trillion to the deficit in the ten years after that. Yes, $3 trillion.

The Republican horror show doesn’t end there. Over the next ten years, 24 million people would lose their health insurance. About 19 million people would lose insurance next year alone, according to the CBO.

“The CBO is projecting that repealing the Affordable Care Act will add more than $350 billion to the deficit in the next ten years, and add a staggering $3 trillion to the deficit in the ten years after that.” Democratic House Leader Nancy Pelosi (D-CA) said in a statement. “Even under Republicans’ highly controversial ‘dynamic’ scoring math, the CBO finds that repeal will explode the deficit by more than $100 billion – not counting the increased health care costs from erasing the Affordable Care Act’s emphasis on prevention.”

Pelosi pointed out that there would be a human toll to the Republican repeal plan, something that Republicans refuse to acknowledge, “The cost to the deficit would be surpassed only by the human toll of repeal. Republicans would add over 20 million Americans to the ranks of the uninsured, and strip vital health protections from hundreds of millions of American families – shattering the newfound health security that has made a difference in the lives of so many families.”

Well. Okay.

That’s some Republican math right there. Want more Republican math? With the Republican assist (aka, funny math that benefits Republicans) that they legislated into the formerly non-partisan CBO, known as “dynamic scoring”, Republicans would only be on the hook for adding $137 billion to the deficit over 10 years. So that’s still not good. And of course it’s not real. But it’s better than them owning up to reality.

The Republican plan is more people die and we add hundreds of billions to the deficit, but we pretend it’s only $137 billion because image is everything.

Meanwhile we await a Republican alternative plan. It’s only been twenty years or so since this issue really became urgent. Give them time.

Pelosi added, “Republicans should look at the numbers and finally end their fixation with repealing this historic law.”

But of course, Leader Pelosi knows that Republicans don’t look at numbers. They make up numbers to fit their agenda. So, here’s to adding $3 trillion to the deficit whilst killing millions of Americans over the next 20 years. Maybe in 20 years Republicans will finally manage to come up with an alternative policy to present. Or not.

Somewhere President Obama must be laughing as the biggest trolls of the deficit and of his healthcare reform law get called out by the CBO even after they rigged it in their favor. Republicans want to add a mere $3 trillion to the deficit in order to keep Obama from a win. Y’all don’t mind, I’m sure.