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 Another $17 Trillion Surprise Found In Obamacare

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Abracadabra
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PostSubject: Another $17 Trillion Surprise Found In Obamacare   Another $17 Trillion Surprise Found In Obamacare EmptyThu 08 Nov 2012, 8:29 am

“President Obama told the American people that his health law would cost $900 billion over ten years and that it would not add ‘one dime’ to the debt”.

Another $17 Trillion Surprise Found In Obamacare

The hidden shortfall between new spending and new taxes was revealed just after Supreme Court justices grilled the law’s supporters about its compliance with the Constitution’s limits on government activity. These hidden shortfall will force taxpayers to find another $17 trillion to pay for the increased spending.

The federal government has an additional $17 trillion unfunded gap in other obligations, including Social Security, bringing the total shortfall to $99 trillion.

That shortfall is different from existing debt. The federal government already owes $15 trillion in debt, including $5 trillion in funds borrowed during Obama’s term in office.

That $99 trillion in unfunded future expenses is more more than six years of wealth generated by the United States, which now produces just over $15 trillion of value per year.


http://dailycaller.com/2012/03/30/another-17-trillion-surprise-found-in-obamacare/






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