Dem Rep Cites Obamacare as Example of Democrats’ Efforts at Deficit Reduction Dem Rep Cites Obamacare as Example of Democrats’ Efforts at Deficit Reduction – NTK Network

Dem Rep Cites Obamacare as Example of Democrats’ Efforts at Deficit Reduction

Rep. Tim Ryan doesn't seem to realize that Obamacare added hundreds of billions of dollars to the federal debt.

By NTK Staff | 12.19.2017 @9:23am

Rep. Tim Ryan (D-OH) cited Obamacare as an example of Democrats’ efforts at deficit reduction in an appearance on CNN on Tuesday.

In response to Ryan’s claim that the GOP tax reform plan would increase the deficit, CNN’s Chris Cuomo pointed out that every time politicians take power, they use deficit spending to enact their policies.

“That’s just not true, Chris,” Ryan responded. “If you look at what we did with the Affordable Care Act, that was paid for.”

At this comment, Cuomo seemed taken aback, raising his eyebrows.

Ryan claimed that the CBO estimated that Obamacare would bring down the deficit by $1.5 trillion.

As Forbes pointed out just before the presidential election last year, the federal government spent hundreds of billions of dollars on Obamacare subsidies that the CBO did not count into its federal budget projections.

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