Tag Archive: federal debt

DNC: It’s a myth Obamacare only adds to the deficit

“Myth:  Obamacare only adds to the deficit, and it’s going to bankrupt this country.” —Democratic National Committee, Nov. 27, 2013, on its “Your Republican Uncle” website   Overview Obamacare raises revenue, increases spending and decreases projected spending on net.  The increased spending adds to the deficit, meaning that the revenue increase and the reductions in projected spending have a relatively…
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Is the federal deficit ‘falling at fastest rate in 60 years’?

“Today, our businesses have created 7.3 million new jobs over the last 41 months. We now sell more products made in America to the rest of the world than ever before. We produce more renewable energy than ever, and more natural gas than anyone. Health care costs are growing at the slowest rate in 50 years. And our deficits are…
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