Obama Spews Audacious and Irresponsible Lies About Congressional Healthcare Reform Plan Just To Get It Passed

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With audacious dishonesty and or abysmal comprehension of economic factors, Obama claimed in an interview that the Federal Government will go bankrupt if his healthcare reform isn’t passed. He is so suffused with arrogance and narcissism that he stated this with believable conviction.  All reputable studies indicate the opposite is indisputably true – we would all be better off if Obamanocare succumbed before it is implemented. Furthermore, they also revealed that health insurance premiums would be much higher under the government plan versus if nothing were done at all.

Congress with its most optimistic assessment has front loaded the fees and taxes to “pay” for the plan – collecting four years before any care (and therefore costs expended) is delivered. They attempt to show fiscal balance (and responsibility) in the first ten years by collecting 10 years of taxes and fees but just six years of care. This is just brazen but typical Congressional legerdemain. After this period even their data reveals that costs will exceed the collections. To make matters worse, experience has shown us repeatedly that the government estimates are always off a factor of three to ten or more – so the claimed $1 trillion cost becomes $3 to $10 trillion. Not chump change!

Read: President Obama: Federal Government 'Will Go Bankrupt' if Health Care Costs Are Not Reined In

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