Americans should know that Republicans do the opposite of what they say in regards to cutting the deficit: facts show they are the worst people to hand over control of the American budget to.
Bill Clinton famously handed a surplus to GWB, who turned around and caused massive deficits with his tax cuts for rich people.
Then we elected another Democrat, Barack Obama, and despite the vast harm Republicans caused the economy and American budget, Obama dug America out of that hole and now this report shows that the deficit will be $5 trillion less than predicted just 4 years ago.
All thanks to Obamacare and responsible management of government by Democrats, which occurred despite a massive propaganda campaign by Republican corporate donors.
Not long ago, the airwaves were filled with predictions that health-care reform would be a disaster for taxpayers and consumers. That hasn't happened.
According to the Congressional Budget Office, the Affordable Care Act, Obamacare, will cut the federal budget deficit by $100 billion despite adding health coverage for about 10 million people, by federal estimates.
Paul Van de Water, a senior fellow at the Center on Budget and Policy Priorities, says the reform has been able to do this because it's had real success at one of its key goals, holding down the cost of health care.
The overall federal deficit has dropped dramatically. It's now projected to total nearly $5 trillion less by 2020 than was expected just four years ago. Maybe more importantly, Van de Water says the ACA is improving the health of the vital Medicare program, which is threatened by an influx of millions of baby boomers.
"Medicare will continue to need adjustments, but it's clear health reform has made Medicare's prospects better, not worse," he says.
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Seniors have been duped every step of the way by Republican corporate puppet masters. Medicare has been shored up thanks to Obamacare but the health insurance industry, who were running the REAL death panels and repeatedly lied to a gullible American public, have been stopped from continuing their devious, evil business practices.