Phillip Klein has the memo,
The Congressional Budget Office, in an email to Capitol Hill staffers obtained by the Spectator, has said that repealing the national health care law would reduce net spending by $540 billion in the ten year period from 2012 through 2021. That number represents the cost of the new provisions, minus Medicare cuts. Repealing the bill would also eliminate $770 billion in taxes. It’s the tax hikes in the health care law (along with the Medicare cuts) which accounts for the $230 billion in deficit reduction.
Doug Ross explains it in practical terms, and says thanks a trillion, GOP House cut spending by $540 billion, taxes by $770 billion
The Congressional Budget Office was forced to admit that it deliberately misled the public on repealing Obamacare.
The agency, run by Democrat Douglas Elmendorf — a proponent of universal health coverage — contended that the Republican plan to repeal Obamacare would add $230 billion to the deficit.
That’s nonsense.
Eliminating a federal program does not increase spending.
No logical person would buy that.
Which is why liberal bloggers went ape and pushed and pushed this deception.
The American Spectator got the scoop.
Spending would be cut by $540 million by dropping Obamacare.
Ah, but there is a hidden $770 billion Obamacare Tax.
So repealing Obamacare is a tax cut.
At least it’s a start.
(h/t Instapundit & Memeorandum)
