{"id":11666,"date":"2011-10-14T20:45:21","date_gmt":"2011-10-15T00:45:21","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=11666"},"modified":"2011-10-14T20:45:21","modified_gmt":"2011-10-15T00:45:21","slug":"obamas-class-less-budget-deficit","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/11666\/obamas-class-less-budget-deficit\/","title":{"rendered":"Obama&#8217;s CLASS-less Budget Deficit"},"content":{"rendered":"<p>Aside from being unconstitutional, Obamacare is also financially unsustainable.\u00a0 Of course, everyone except the White House and their drones at HHS acknowledged this when the law passed.\u00a0 Now, fiscal reality has forced the Obama Administration to scrap a program that was supposed to provide half of the fallacious budget savings from passing Obamacare.\u00a0 Per <a href=\"http:\/\/campaign2012.washingtonexaminer.com\/blogs\/beltway-confidential\/half-obamacares-deficit-reduction-wiped-out\" target=\"_blank\">Phillip Klein<\/a> of the <em>DC Examiner<\/em>:<\/p>\n<blockquote><p>As Obamacare&#8217;s critics noted at the time, Democrats&#8217; deficit  reduction claims were based on a series of accounting gimmicks. One of  the most obvious was the inclusion of the Community Living Assistance  and Support Services Act, a program that was slated to collect five  years of premiums before paying out any benefits. Though it was  unsustainable over time, on paper it produced surpluses during the  Congressional Budget Office&#8217;s 10-year budget window.<\/p>\n<p>At the time of final passage, the CBO found that the health care law  would reduce deficits by $143 billion, and $70 billion of that was  attributable to the CLASS program.<\/p>\n<p>Earlier, I <a href=\"http:\/\/campaign2012.washingtonexaminer.com\/blogs\/beltway-confidential\/hhs-report-recommends-closing-obamacare-program\">noted<\/a> a new HHS report recomending against implementing the program. HHS  Secretary Kathleen Sebelius has now sent a letter to Congress <a href=\"http:\/\/hosted.ap.org\/dynamic\/stories\/U\/US_LONG_TERM_CARE_PROGRAM?SITE=AP&amp;SECTION=HOME&amp;TEMPLATE=DEFAULT&amp;CTIME=2011-10-14-15-24-47\">conceding<\/a> that there&#8217;s no path forward.<\/p><\/blockquote>\n<p>Republicans are still rightly moving to <a href=\"http:\/\/campaign2012.washingtonexaminer.com\/blogs\/beltway-confidential\/gop-will-move-repeal-class-act\" target=\"_blank\">formally repeal the CLASS Act<\/a> from federal law.\u00a0 Let&#8217;s hope they keep pressing for a complete elimination.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aside from being unconstitutional, Obamacare is also financially unsustainable.\u00a0 Of course, everyone except the White House and their drones at HHS acknowledged this when the law passed.\u00a0 Now, fiscal reality has forced the Obama Administration to scrap a program that was supposed to provide half of the fallacious budget savings from passing Obamacare.\u00a0 Per Phillip [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[143,12,476,35,1001],"class_list":["post-11666","post","type-post","status-publish","format-standard","hentry","category-posts","tag-barack-obama","tag-health-care","tag-kathleen-sebelius","tag-obamacare","tag-repeal"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/11666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=11666"}],"version-history":[{"count":2,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/11666\/revisions"}],"predecessor-version":[{"id":11668,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/11666\/revisions\/11668"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=11666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=11666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=11666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}