Obamacare reduces the deficit

I see in comments to my last post that a lot of readers have been fooled by the current Repubican fiction being floated, (or I like to call it, the lie) alleging the latest CBO report says the price of Obamacare has doubled. That is simply not true. Republicans took one number out of context and conveniently ignored the cost offsets. The full explanation of how to cost analyze Obamacare is here but this is the salient point in any discussion about Obamacare.

When the Affordable Care Act became law, CBO estimated that the net result of all these changes, taken together, would be to reduce the deficit. Now, with this revised estimate, CBO has decided the law will reduce the deficit by even more money.

Yes, you read that right: The real news of the CBO estimate is that, according to its models, health care reform is going to save even more taxpayer dollars than previously thought.

Also pertinent to any discussion is that all Republican proposals so far, especially repeal of Obamacare, will raise the deficit and leave millions and millions of Americans uninsured. Which will cost everybody more in hidden costs, even if you do have insurance yourself.