Does anyone really believe that he won't sign HB 3200 (or the others that are just like it) if it's not "budgetarily" neutral? I for one do not.
According to CBO...
A report released Wednesday morning on the financial impact of the reform bill in the House beyond the first 10 years shows the federal deficit would skyrocket after 2020.
Additionally, from the Lewin Group, a study states that,
The bill would increase the budget deficit by $1 trillion from 2020 to 2029 -- up from a $39 billion increase from 2010 through 2019, according to the Peterson Foundation study, conducted by the nonpartisan Lewin Group.
The group estimates the U.S. already has $56.4 trillion in unfunded obligations and promises over the long term and said "adding new benefit promises without adequate sources of financing will further threaten the nation's long-term financial stability."
But Mr. Obama is quoted repeatedly as stating "he would not sign a bill that increased the deficit by 'one dime.'" This coming from a President who has already added $2,000.000,000,000.00 to the national debt.
Does anyone really believe that?