White House Explains How Obamacare Will Not Add to National Debt

obeams — Thu, 11 Apr 2013 21:07:28 +0000

The White House responded today to critics of The Affordable Health Care Act, commonly known as Obamacare, who have repeatedly claimed the act will add trillions of dollars to the national debt over the next several years. White House Press Secretary Jay Carney told reporters that the act will not add one penny to the national debt. Carney said “When these people crunch the numbers and come up with the giant cost increases, they are omitting one key piece of data from their calculations. The Department of Health and Human Services now estimates that any cost increases to individual care will be more than offset by the shrinking number of people on the program. By increasing the waiting time for critical procedures by months or even years due to the red tape created and the mass doctor retirements that result, the department now calculates that number of people who die waiting for care will create enough savings to offset all costs. The great thing here is that a dead person has no health care costs. And if a few people have to die for us to achieve our goal of universal health care, well, we think that’s a good trade-off.”

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White House Explains How Obamacare Will Not Add to National Debt