Eye Glaze Alert! This edition of Mullings is about the Federal Budget Deficit.
There will be numbers involved. You have been warned.
From the National Journal's website:
"The Obama administration has spent roughly $840 million on HealthCare.gov, including more than $150 million just in cost overruns for the version that failed so badly when it launched last year."
$840 million for a website is somewhat more than I spent on Mullings. About $839,998,250 more. By the way, Mullings was mostly written by Chuck DeFeo who is now the Chief Digital Officer for the Republican National Committee, so you can plainly see how crucial his association with Mullings has been to his career.
Along with cold snaps in June proving global warming is a farce, and 90,000 children from Central America showing up for the August recess, nothing gets the Republican base as amped up as a story about how much more Obamacare is costing than was originally projected.
When the Government Accountability Office - better known as the GAO - released that number, it was like finding a Kenyan birth certificate with the name "Barry Obama" written in official Swahili.
Before you go running out into the street shouting "I TOLD YOU SO," consider that while $840 million ain't legumes, neither is it the beginning of the end of the world.
For example, the Congressional Budget Office's semi-annual report this past April suggested the federal budget deficit for fiscal year 2014 (that ends on September 30, 2014) will be about $492 billion.
$492 billion is a very lot of money. In fact it is 585.7 times MORE than $840 million. Want more? The total national debt is, as I am writing this, about $17.6 Trillion. $17.6 Trillion is almost 21 THOUSAND times more than $840 million.
See what I mean?
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