Quick Fact: Palin falsely suggested health reform would increase deficit, denied Obama cut taxes
Fox News contributor Sarah Palin falsely suggested in a January 28 Facebook post that Democrats' health care reform plans would increase the deficit and that President Obama has not cut taxes. In fact, the Congressional Budget Office (CBO) has estimated that the health care reform bills passed by both the House and Senate would reduce federal deficits through 2019 and beyond, and the recovery act signed into law by Obama included $288 billion in tax relief.
In response to State of the Union address, Palin suggests health reform would increase deficit, denies Obama cut taxes
From Palin's January 28 Facebook post:
[Obama] dared us to "let him know" if we have a better health care plan, but he refused to allow Republicans in on the negotiations or consider any ideas for real free market and patient-centered reforms. We've been "letting him know" our ideas for months from the town halls to the tea parties, but he isn't interested in listening. Instead he keeps making the nonsensical claim that his massive trillion-dollar health care bill won't increase the deficit.
Americans are suffering from job losses and lower wages, yet the president practically demanded applause when he mentioned tax cuts, as if allowing people to keep more of their own hard-earned money is an act of noblesse oblige. He claims that he cut taxes, but I must have missed that. I see his policies as paving the way for massive tax increases and inflation, which is the "hidden tax" that most hurts the poor and the elderly living on fixed incomes.
FACT: CBO estimated that health reform bills would reduce deficits over next 10 years and beyond
CBO: Senate bill yields "a net reduction in federal deficits of $132 billion" over 10 years. On December 19, 2009, CBO reported of the Senate bill incorporating the manager's amendment:
CBO and JCT estimate that the direct spending and revenue effects of enacting the Patient Protection and Affordable Care Act incorporating the manager's amendment would yield a net reduction in federal deficits of $132 billion over the 2010-2019 period.
CBO also estimated on December 20, 2009, that the bill will continue to reduce the deficit beyond the 10-year budget window that ends in 2019 "with a total effect during that decade that is in a broad range between one-quarter percent and one-half percent of GDP."
CBO estimated the House bill will result in $138 billion in deficit reduction through 2019. On November 20, 2009, CBO reported of the House health care reform legislation, "CBO and JCT now estimate that the legislation would yield a net reduction in deficits of $138 billion over the 10-year period." CBO also stated in its November 6 estimate that "[i]n the subsequent decade, the collective effect of its provisions would probably be slight reductions in federal budget deficits. Those estimates are all subject to substantial uncertainty."
FACT: The American Recovery and Reinvestment Act included $288 billion in tax relief
Recovery act included significant tax relief for individuals, families, and businesses. As Media Matters for America has noted, the recovery act contained $288 billion in tax relief, including the Making Work Pay tax credit, a two-year annual credit of $400 per individual or $800 for families. In addition, the recovery act included a temporary increase in the earned income tax credit, a temporary increase in the refundable portion of the child tax credit, an increase in the first-time homebuyer tax credit, and tax incentives for businesses.
Here's what Pres.Obama says about the policy of saying no:
-- the first couple of years that I was in the Senate, the Republicans controlled the agenda, which meant that most of those votes are votes against efforts by the Republicans on issues that I feel very strongly about. So I have no problem defending a record of saying, no --
Just another example of our govt. over-promising and destined to under-perform.
Heck, our govt. can't even accomplish the simple task of building a border fence. The fence was authorized in 2005 and it's still not complete.
It's ludicrous to believe that they can successfully risk a trillion dollars to fix health care when they can't even construct a privacy fence.
If we could land a man on the surface of the moon in 8 years...I think a couple of years is sufficient to build a fence.
If we do nothing, we'll spend (in your words, "risk") MORE than if we pass either one of the bills currrently being considered.
Dishonest weasel, Wesley.
Tackling fraud should be an ongoing, every day job for our elected officials...not passing more and more onerous legislation and then walking away from their responsibilities.
The untold horrors that would arise from trying to implement a 2000 page health care law would rival the IRS tax code.
Making work pay tax credit: $600 refunded plus $20 less withholding from each pay check since April '09
American Opportunity tax credit (for college students with qualified expenses) - $5000 for 2 students
Looking forward to taking a credit for energy efficient improvements we're making this year, too!
The only things that we've heard from the town halls and tea party events are Obama is a socialist, a marxist, a communist, an un-documented citizen, a nazi, and a witch doctor. Where in that mix are ideas on how to fix health care???
Nice try. You should spend more of your time trying to explain to your tea party buddies why they should pay you $100,000 just to speak to them. What happened to the average hard working Americans who don't have a lot of money? Each ticket, just to hear you speak, is over $300 and another $500 or so for the lobster and steak dinner at the resort. Sister Sarah only pretends to care about the average American as long as she gets a big pay check out of it.
And I thought that Palin's take from this event was $150,000, not $100,000.
Yeah, $150,000 sounds a lot better. Either way, she's only doing it for the money. She doesn't care about the tea party people, as long as they keep donating money to the Republican Party.