GAO Report: ObamaCare Will Add $6.2 Trillion to Long-Term Deficit

Posted: Feb 26, 2013 11:45 AM

Well in a not-so-surprising report from the Government Accountability Office, it turns out that ObamaCare is estimated to add another $6.2 trillion to the long-term deficit. The National Review says,

Senator Jeff Sessions (R., Ala.), who requested the report, revealed the findings this morning at a Senate Budget Committee hearing. The report, he said, “confirms everything critics and Republicans were saying about the faults of this bill,” and “dramatically proves that the promises made assuring the nation that the largest new entitlement program in history would not add one dime to the deficit were false.”

President Obama and other Democrats attempted to win support for the health-care bill by touting it as a fiscally responsible enterprise. “I will not sign a plan that adds one dime to our deficits — either now or in the future,” Obama told a joint-session of Congress in September 2009. “I will not sign it if it adds one dime to the deficit, now or in the future, period.”

The new report exposes the “lack of honesty” surrounding such claims, Sessions argued. “This is how a country goes broke,” he said.

The honesty from the Obama administration and the President is just not there. Instead of lying to the people, the President needed to explain that his health care bill would be extremely costly and would be implemented as a tax. Maybe if the legislators who passed the bill had read it first, that may have prevented this long-term deficit increasing policy from going through.

How many times must President Obama lie to the American people and our legislators before we call him out on it? The president is driving us further and further into debt with his deficit spending habits.