President Obama in a recent health care speech mentioned the Congressional Budget Office had said his health care bill (which hasn't been scored by the CBO but he was referring to the Senate bill) would save $1 trillion in its first ten years due to the savings it would create (by taking $500 billion out of Medicare and shifting it elsewhere so that you can count it twice). When it was pointed out to the White House that the CBO didn't say that, spokesman Robert Gibbs said that the President misspoke and was referring to the second decade of the health care program. Of course, the CBO stated that it's estimates for the second decade of savings was essentially meaningless because there are too many variables and assumptions that would have to be made.
Oh yeah, the CBO is also obligated to estimate costs based upon what Congress says it is going to do, not reality. So when Congress says it won't spend additional money the CBO is bound by the lie. Anyone else feel like they're listening to Charlie Brown's teacher at this point?
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