YouTube: Sebelius Before House Committee

The more we find out about Obamacare the more America understands that Obama, Pelosi, and Reid perpetuated a lie to America.  The fraud and hidden parts of Obamacare keep being exposed.  Ever since the outline of the Obamacare plan began to be circulated people pointed out that the $500 billion dollars of Medicare savings were being double counted in the cost estimates.

The House Energy and Commerce Health Subcommittee heard testimony from Health and Human Services Secretary Kathleen Sebelius. Representative John Shimkus (R-IL) asked about the double counting of the $500 billion of savings which seemed to still helping the bottom line of Medicare and contributing to the funding of Obamacare.    He asked Sebelius which program was supposed to receive the benefit of that Medicare cut, she answered, “Both.”

YouTube Of Sebelius before House Committee:



The Obama administration and HHS have been criticized previously for double-counting. In a report last summer, HHS claimed a provision in the health-care law would extend the Medicare trust fund by 12 years. The Congressional Budget Office released a memo that said HHS’s math was more than a little off.

“They cannot be set aside to pay for future Medicare spending and, at the same time, pay for current spending on other parts of the legislation or on other programs … To describe the full amount of HI trust fund savings as both improving the government’s ability to pay future Medicare benefits and financing new spending outside of Medicare would essentially double-count a large share of those savings,” said the CBO memo.

In other words we have been lied to.  Barack Obama’s Obamacare will be adding at least an additional half a trillion dollars to the deficit.

This is not new news, just two months ago the Chief Medicare Actuary, Richard Foster testified before Congress and repeated what he reported at least twice before:

“My answer is a definitive yes and no,” Foster said when asked if Obama’s health law double-counted.

The fraud, lies, and deceit of Obama, Pelosi, and Reid will haunt America for many years.  If not defunded and stopped Obamacare will destroy our economy.

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