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ThoughtsOnline

Friday, January 28, 2011


Here's how the GOP can overcome the Congressional Budget Office claim that repealing Obamacare would worsen the deficit.

As has been pointed out, the CBO is obligated to score the bill as it is written, they're not allowed to discount the law's gimmicks and other maneuvers that create - on paper - the impression that the law is a net positive to the federal budget.

This has helped the law's supporters... and it can help the law's critics if they follow these simple steps.

The law is full of all sorts of provisions that are supposed to increase taxes. One is the '1099' rule which is - according to the law - supposed to bring in billions of extra dollars in taxes. Another is the extra taxes all the to-be-hired IRS agents are supposed to bring in.

Well... if the GOP forces through a repeal of the 1099 provision... and by one means or another keeps all these IRS agents from being hired... all of the increases in federal revenue associated with these provisions also go away... changing the fiscal outlook for Obamacare as a whole and forcing the CBO to alter its assessment.

A win-win for conservatives. Eliminate tax hikes... and with them, change the financial scorecard for Obamacare.