If not repealed, Obamacare would be financed through a combination of Medicare cuts, tax increases, and deficit spending. But to hear the Obama administration talk, Obamacare would instead improve Medicare coverage, lower taxes, and cut the deficit. The administration’s amazing claims beg the following question: Where, then, would the funding for Obamacare actually come from?
It’s particularly brazen for the Obama administration to think that it can loot about $1 trillion from Medicare to fund Obamacare (that’s the amount the Congressional Budget Office projects over Obamacare’s first real decade, 2014 to 2023) and get away with it. It’s even more shameless to trot out poor Andy Griffith – who, as most everyone knows, played the sensible, level-headed, beloved sheriff on The Andy Griffith Show in the early 1960s – to tell them they’re “gonna like it.” Of course, back in the ’60s, Griffith’s lines weren’t being read (at taxpayer expense) from a government-written script, supporting government-run health care, and contradicting the impartial findings of the government’s own independent actuaries.
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