Study: Obamacare Adds Billions to Nation's Deficit

Ad Feedback

A new study shows the president's health care overhaul adds at least $340 billion to the deficit over the next decade.

The report comes from a leading conservative economist, Charles Blahous, a public trustee who oversees Medicare and Social Security finances.

"Does the health care act worsen the deficit? The answer, I think, is yes," Blahous said.

The study's conclusions are in direct opposition to the Obama administration's claims that the federally mandated plan will save money in the long haul.

The White House has claimed the law will help reduce the trillion-dollar deficits America has seen under President Obama.

But the new study shows how federal accounting practices have hidden the true financial impact of the legislation.    

Log in or create an account to post a comment.  


Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBN News

CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.