The way she tells it, the law is already lowering costs -- and is "largely responsible" for lowering the deficit. Hoo boy. Obamacare is not lowering healthcare costs; not for families, not for small businesses, and not for the federal government. And while it's true that this year's projected deficit has been shaved down to merely quadruple the last fully Republican-controlled budget shortfall, Obamacare has nothing to do with it. In fact, the nonpartisan GAO estimates that the law will add $6.2 trillion to deficits over time. Don't forget, Harry Reid is complaining that the law is under-funded. (And, by the way, our long-term debt problem remains as acute as ever -- particularly because of our unsustainable entitlement obligations). Pelosi has also claimed that Obamacare is a big job creator, a statement that even the White House's favorite economists can't swallow, to say nothing of CBO estimates....or assessments from Democrats who voted for the law. So how's the Obamacare jobs boom going in Missouri?
"This all stems from the Affordable Care Act."
Guy Benson is Townhall.com's Political Editor. Follow him on Twitter @guypbenson. He is co-authors with Mary Katharine Ham for their new book End of Discussion: How the Left's Outrage Industry Shuts Down Debate, Manipulates Voters, and Makes America Less Free (and Fun).
Author Photo credit: Jensen Sutta Photography