Obama Confuses Decades, Inflates Estimated Health Care Savings by $868B

[I AM NOT THAT GUY 5,715]

Obama boasted Monday that Democrats' health care proposals would cut deficits by $1 trillion "over the next decade," a flub that inflated the actual estimate by $868 billion

"Those aren't my numbers," Obama said to the rising applause of the estimated 1,300 in attendance. "They are the savings determined by the Congressional Budget Office, which is the nonpartisan, independent referee of Congress for what things cost."

But the budget office did not say the Senate health care bill would save $1 trillion over the next decade -- or even close to that figure.

It estimated the bill would save $132 billion from 2010 to 2019, leaving Obama's "next decade" estimate $868 billion short.

When contacted about this disparity, a White House official said Obama meant to say the Senate bill would save $1 trillion in its second decade -- a projection that would more closely match congressional analysts' estimates.

The budget office, in estimating possible second-decade savings of up to $1 trillion, also cautioned against putting too much stock in figures for a period so far in the future: "A detailed year-by-year projection for years beyond 2019 ... would not be meaningful, because the uncertainties involved are simply too great."

http://www.foxnews.com/politics/2010/03/08...care-savings-b/

[Hilarious Clinton 452]

I can see why he won't release his college transcripts.