“I will not sign a plan that adds one dime to our deficits either now or in the future. Period.” — President Barack Obama before a joint session of Congress on September 9
Today on Uncommon Knowledge, political scientist David Brady and economist Daniel Kessler parse the chief executive’s claims.
DANIEL KESSLER: I think the most egregious part of that claim of not adding to the budget deficit is that much of the funding for the insurance expansion is to come from cuts in Medicare reimbursement. Well, every year Congress tries to cut Medicare reimbursement, and every year Medicare spending goes up. So to claim that you are going to get real dollars from legislated mandated Medicare reimbursement cuts is just not true.