HELP, please, to respond to a ltte

[VenusRising]

6. Not even close.

http://www.whitehouse.gov/blog/2012/04/09/official-sources-agree-affordable-care-act-reduces-deficit

When the health care bill was passed by Congress, CBO wrote:

“CBO and JCT estimate that enacting both pieces of legislation—H.R. 3590 and the reconciliation proposal—would produce a net reduction in federal deficits of $143 billion over the 2010–2019 period as result of changes in direct spending and revenues.”

When Congressional Republicans sought to repeal the law, CBO found that eliminating the law would increase the deficit. CBO wrote:

“[T]he effect of H.R. 2 on federal deficits as a result of changes in direct spending and revenues is likely to be an increase in the vicinity of $230 billion, plus or minus the effects of technical and economic changes to CBO’s and JCT’s projections for that period.”

And just last month, in updating its estimates of key parts of the law, CBO estimated that the insurance coverage provisions of the health care law would, compared to last year’s estimates for the same time period, cost $50 billion less. Assuming no change to the rest of the estimates, this means $50 billion more in deficit reduction.