Patient Protection & Affordable Care Act

Repealing ‘Obamacare’ Would Explode Debt, Says Government Auditor

Repealing ‘Obamacare’ Would Explode Debt, Says Government Auditor

I just wonder how the GOP in Congress can be so myopic when it comes to the Affordable Care Act and its overall capacity to insure millions of Americans?  In an effort to make Barack Obama a “one-term president” they seem to not care about the debt and what repealing the ACA would do to it.

TPMDC

A new report by an independent government auditor concludes that implementing President Obama’s health care law as intended will make a significant dent in the long-term debt forecast.

The report comes as Supreme Court justices weigh striking some of “Obamacare’s” central provisions — and perhaps the law in its entirety — and as the Republican Party remains committed to repealing the law if it seizes control of government in November.

“[I]f the Patient Protection and Affordable Care Act (PPACA) is implemented as intended it would have a major effect on the [fiscal] gap but would not eliminate it,” the Government Accountability Office wrote in a Monday report — a conclusion in line with its own past research and similar research conducted by other government and non-government analysts.

GAO doesn’t isolate PPACA’s stand-alone contribution to long-term budget consolidation. But it does conclude that if key cost-control measures in the law, and other automatic cuts to Medicare spending baked into current law, are ignored, or overridden by Congress, the implications for the national debt are vast.

If “Obamacare” is implemented as intended, and other measures, such as automatic payment cuts to Medicare physicians, take effect, “spending on Medicare and Medicaid grows from 5 percent of GDP in 2010 to over 7 percent by 2030.”

By contrast, if Congress overrides those provisions, “[s]pending on health care grows much more rapidly under this more pessimistic set of assumptions,” according to the report. “Absent changes to these programs, spending on Medicare and Medicaid under the Alternative simulation grows to over 8 percent of GDP by 2030.”

Congress has consistently passed temporary legislation to prevent Medicare doctors from experiencing a pay cut baked into current law. But the current patch expires on Jan. 1 — along with the Bush tax cuts and the payroll tax holiday — just as other automatic cuts to Medicare are set to take effect as a penalty for the Super Committee’s failure to pass deficit-cutting legislation.

The confluence of these fiscal triggers suggests lawmakers will be forced to act quickly after the election to put the country’s budget on a more sustainable path. But if Republicans win big in November and move ahead with their plan to repeal the health care law, they’ll only make matters worse.

RNC doctors audio of Verrilli for anti-Obamacare ad

Obamacare tough sell ad

More GOP dirty tricks.  Some would say it’s par for the course in politics, but in my opinion it’s wrong from either side…

The Raw Story

The Republican National Convention edited an audio clip of Solicitor General Donald Verrilli to make it sound like he was at a loss of words to defend the Affordable Care Act during his oral arguments to the U.S. Supreme Court.

In a 30-second ad released by the RNC late Tuesday, Verrilli stutters and awkwardly pauses before trailing off.

“For more than 80 percent of Americans, the ah insurance system does provide effective access — Excuse me. Ah — it ah be-be because the ah the ah the — Excuse me,” he says in the ad.

As he finishes, the ad displays the words: “ObamaCare. It’s a tough sell.”

However, when Bloomberg compared the ad to the actual audio recording of Verrilli’s argument before the justices, they found that it had been doctored.

“For more than 80 percent of Americans, the, ah, insurance system does provide effective access,” Verrilli actually said, pausing briefly. “Excuse me, but for more than 40 million who do not have access to health insurance, either through their employer or through government programs such as Medicare or Medicaid, the system does not work.”

The U.S. Supreme Court on Tuesday took up the most contentious part of President Barack Obama’s landmark health care reform, hearing arguments on whether it is constitutional to require Americans to buy insurance coverage.

Verrilli argued that the reforms, which expand health care coverage to 32 million Americans who are currently uninsured, fall within Congress’s rights to regulate interstate commerce — in this case health insurance — and to enforce it with penalties.

Watch the ad, uploaded to YouTube on March 27, below:

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