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Quick fact: Beck fill-in Bolling falsely claimed House health bill puts us "$1.2 trillion further in debt"

November 09, 2009 5:38 pm ET — 9 Comments

Filling in for Glenn Beck, Fox Business Channel host Eric Bolling falsely claimed of the House health care reform bill, "if the Congressional Budget Office is right and the government program actually costs what they tell you it will cost", then we "woke up Sunday morning $1.2 trillion further in debt."

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From the November 9 broadcast of Fox News Channel's Glenn Beck:

BOLLING: Big news today, America. We went to sleep Saturday night and woke up Sunday morning $1.2 trillion further in debt. That's if the Congressional Budget Office is right and the government program actually costs what they tell you it will cost. The giant health care bill -- here it is -- passed the House over the weekend.

Fact: CBO estimated health bill would reduce federal budget deficit $109 billion through 2019

CBO found that the health care reform bill that passed the House on November 7, the Affordable Health Care for America Act (H.R. 3962), "would yield a net reduction in federal budget deficits of $109 billion over the 2010-2019 period." CBO also found that in the decade after 2019, "the legislation would slightly reduce federal budget deficits ... relative to those projected under current law-with a total effect during that decade that is in a broad range between zero and one-quarter percent of GDP [gross domestic product]."

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    • Author by Limit Corp. Ownership (November 09, 2009 6:49 pm ET)
      2 1
      Only off by $1.3 trillion...

      Not bad for a Fake News flunkie. Fair and balanced, no doubt about it.
      Report Abuse
    • Author by trbking (November 09, 2009 6:51 pm ET)
      2 1
      I'm not surprised by lack of intellectual honesty or journalistic rigor, it just makes me tired. Does it ever occur to these people that if you have to lie to win the debate, you've lost already.
      Report Abuse
      • Author by wetpixel (November 10, 2009 12:23 pm ET)
           
        Excellent point; let's keep reminding these faux-journalistic flunkies.
        It doesn't matter if you 'really believe' -- if you tell a lie, you didn't have any point.

        If only Hannity and Beck would get a clue -- energy and righteous indignance doesn't back you up if your story is wrong or you are making false connections.
        Report Abuse
    • Author by Eric Jaffa (November 09, 2009 7:07 pm ET)
      2 1
      Apparently, for a "Fox Business Channel host" to understand a basic economic fact about a major bill-that it has both spending and taxes on the rich-is too much to ask.
      Report Abuse
    • Author by ranthos (November 09, 2009 9:25 pm ET)
      1  
      Why in the middle of a horrible Recession are we raising taxes for anything? Study the Great depression raising taxes made things worse. When will the Government realize they are in a hole and STOP DIGGING!
      Report Abuse
      • Author by DocSkull (November 10, 2009 11:35 am ET)
           
        This story mentions no tax increases.
        Report Abuse
      • Author by roundhouse (November 10, 2009 12:58 pm ET)
           
        Stop lying. It wasn't until FDR thought the economy was turning the corner that he lowered taxes and government spending, the country then started sinking back into depression. He had to raise taxes and spending again to stanch the bleeding.

        No. Taxes do not inhibit prosperity, you cannot prove otherwise. Lack of jobs hinder prosperity and our government should be using tax revenue to create jobs building things here with an eye toward full employment.

        Report Abuse
    • Author by erock33 (November 10, 2009 12:38 am ET)
         
      Bolling is way off...it will be more like 3-4 times more than that just like every other federal program cost prediction. Why do you libs have such a fond love of government?
      Report Abuse
    • Author by angels4light (November 10, 2009 10:30 am ET)
         
      Even IF the number is correct, that is over a 10 year period, plus the CBO refutes the claim, plus the Senate has to pass legislation, plus the legislation has to be reconciled between the versions, and then finally presented to the president, who then has to sign it. It is as bad as people repeating the claim that if you don't get coverage, you will get jail time.
      Report Abuse

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