It sounded good, but…the facts are a different story.
I watched most of President Obama’s SOTU address. I tried to watch the whole thing, but I can only handle so much use of the word “investment” as a fancy term for government spending. That and the obvious contradictions in his rhetoric verses his actions over the past two years.
The obvious focus of the SOTU was the economy and jobs. Interestingly enough that was the focus of his 2010 SOTU address. Much like last year, Obama made a lot of pie-in-the-sky remarks that didn’t work out the way he intended. Did anything he said make you feel warm and fuzzy about this year?
The Blaze has a fact check article up for last nights SOTU. It points out the clear differences between what Obama calmly said and what is actually true. Here is a snippet:
OBAMA: Tackling the deficit “means further reducing health care costs, including programs like Medicare and Medicaid, which are the single biggest contributor to our long-term deficit. Health insurance reform will slow these rising costs, which is part of why nonpartisan economists have said that repealing the health care law would add a quarter of a trillion dollars to our deficit.”
THE FACTS: The idea that Obama’s health care law saves money for the government is based on assumptions that are arguable, at best.
To be sure, the nonpartisan Congressional Budget Office has estimated the law will slightly reduce red ink over 10 years. But the office’s analysis assumes that steep cuts in Medicare spending, as called for in the law, will actually take place. Others in the government have concluded it is unrealistic to expect such savings from Medicare.
In recent years, for example, Congress has repeatedly overridden a law that would save the treasury billions by cutting deeply into Medicare pay for doctors. Just last month, the government once again put off the scheduled cuts for another year, at a cost of $19 billion. That money is being taken out of the health care overhaul. Congress has shown itself sensitive to pressure from seniors and their doctors, and there’s little reason to think that will change.
Click here to read more.