The Final Days of Speaker Pelosi and the Obamacrats of Capitol Hill by Gregory Hilton

With one month to go before the election, prospects for Republican control of the House of Representatives are excellent. Media attention is focused on House Speaker Nancy Pelosi and her ouster will result in many additional benefits for the conservative movement. When the GOP gains control a top target for the new Speaker will be the Congressional Budget Office (CBO).
CBO has done considerable damage over the past four years and they have an enormous role as a fiscal arbiter. Cost “scores” generated by CBO always have a major impact on the passage of legislation.
CBO Director Douglas Elmendorf was appointed in January 2009 by the Democratic leadership in the House and Senate. He came from the liberal Brookings Institute and filled the vacancy created by the resignation of Peter Orszag, who was named Director of the Office of Management and Budget. The CBO mission is to provide “objective, nonpartisan, and timely analyses,” but under Elmendorf they have produced a steam of liberal propaganda.
For Orszag and Elmendorf, no budget gimmick since 2006 has been too shameless. As Megan McArdle says, “The CBO process has now been so thoroughly gamed that it’s useless.” CBO has been in the forefront of advancing the Obama agenda and it produces countless reports claiming enactment of runaway entitlement programs actually improves the long-term budget outlook.
The CBO statistics are being used by Democrats in all the battleground campaigns this year. When CBO claimed ObamaCare would only cost $940 billion over a decade, House Majority Whip James Clyburn (D-SC) understandably said he was “giddy.” CBO also claimed ObamaCare “would cut the deficit by $138 billion over the next decade, and $1.2 trillion in the second decade of the plan’s implementation.”
ObamaCare is a fiscal disaster which CBO covered up as part of a giant fraud. How did the bill arrive at the numbers wanted by Speaker Pelosi (under $1 trillion)? The CBO numbers included huge cuts in Medicare spending increases that will never happen. CBO effectively outlawed Medicare Advantage.
Congress never touches Medicare, but CBO pretended $247 billion would be cut over the next decade. The true cost of ObamaCare is $2.4 trillion but CBO came in at $940 billion by delaying the start of subsidies and other costly provisions until 2014. CBO grossly underestimated the cost of the army of new bureaucrats which would be necessary to administer, regulate, operate and monitor this program. They claimed another $19.8 billion savings by ending student loan subsidies to lenders.
This has nothing to do with health care. You can call the tail on a dog a leg, but a tail is still a tail, and the dog still has 4 legs, not 5. The Democrats can claim ObamaCare is deficit neutral and refer to it as a “reform” all they want. The House Republican Conference emphasizes that this reform creates 111 “new boards, bureaucracies, commissions and programs.” Among some off the new agencies, the list cites a Health Insurance Exchange; the Center for Medicare and Medicaid Innovation; the Public Health Investment Fund; the Public Health Workforce Corps; an Assistant Secretary for Health Information; the Food and Drug Administration Office of Women’s Health.

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