Friday, January 21, 2011

Krauthammer Canard

He says that PPACA gives six years of benefits from 10 years of revenue. But that pesky CBO shows that is a bit more complicated than that. In fact over the next 10 years there is only one (2013) in which outlays exceed revenues. And rather than game the 10-year window the way Republicans did with the Bush tax cuts for the rich, PPACA smoothly goes beyond the window with a positive revenue position because the spending cuts have been fully phased in.

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