CBO Denies Official Release of Obamacare Cost Estimate …Update: It's Online Now
Rep. Paul Ryan’s office released the following statement this morning.
“The Congressional Budget Office has confirmed that there is currently no official cost estimate. Yet House Democrats are touting to the press – and spinning for partisan gain – numbers that have not been released and are impossible to confirm. Rep. James Clyburn stated he was “giddy” about these unsubstantiated numbers. This is the latest outrageous exploitation by the Majority – in this case abusing the confidentiality of the nonpartisan Congressional Budget Office – to pass their massive health care overhaul at any cost.”
So, what’s going on?
UPDATE: The CBO just released their cost estimate of Obamacare. It is posted on their website here.
UPDATE: The CBO website is now down due to traffic…. But democrats insist that government can handle health care.
UPDATE: GOP Leader Boehner released this statement on the latest developments:
“Mr. President, This Isn’t About You … It’s About the American People”
“Well, it’s pretty clear that Democrat leaders here in Congress and the President aren’t listening to the American people. Because the American people are saying, ‘stop!’ and they’re screaming at the top of their lungs. The President’s latest ploy as he’s dealing with Members trying to convince them to vote against their constituents and to vote with him, is to make the point that his presidency is on the line. Well, I’m sorry Mr. President, this isn’t about you. It’s not about the office you hold and it’s not about the Speaker. This is about the American people and the health care system that they want for our country. We’ve made clear that it’s time to scrap this bill and start over on commonsense reforms to make our current health care system better. But no, they are going to continue to ram, ram, ram this bill through the Congress. Every kind of scheme known to man to try and get it through the Congress without a vote.
“We’re going to have an opportunity for the Members today to vote on a straight up-or-down resolution, about requiring a straight up-or-down vote on this bill. It’ll be part of our Previous Question when we get a Rule bill up, and Members will have a chance to vote on that. But I can tell you this, that Republicans in the House and Senate have worked closely together or the last year, and we’re going to continue to work closely together to do everything that we can do to make sure that this bill never, ever, ever passes.”
UPDATE: White House believes they are on track and House will pass the bill on Sunday.
UPDATE: HotAir added this on the latest spin:
“If it kicked in right away, the decade-long estimate would obviously be well into the trillions. So they simply stalled it for four years, incurring just $17 billion in costs — or 1.8 percent of the total 10-year estimate — through 2013 so that wavering Democrats could go back to their districts and tell baldfaced lies to their constituents about the pricetag. A perfect ending to this travesty.”