Why do Michael Bennet, Ed Perlmutter, Betsy Markey let Obama lie about $2.3 trillion health bill?

Why are Michael Bennet, Ed Perlmutter, Betsy Markey and Colorado’s other Congressional Democrats saying nothing while President Barack Obama, Speaker Nancy Pelosi and Majority Leader Harry Reid repeatedly lie about ObamaCare? Rep. Paul Ryan (R-WI) spelled out the Democrats’ game playing at last week’s health talkathon. Bennet, Perlmutter, Markey, John Salazar and Obama didn’t listen, but America did.

Don’t Colorado’s Democrats know that by helping sell Obama’s deceptions and accounting gimmicks they are complicit? They, too, must be called scandalously brazen liars. Americans are tired of the lies that politicians tell. At the moment, they see that the Democrats are lying more desperately than the Republicans, which is why the GOP appears to be riding a huge anti-Obama Democrat wave toward November’s elections.

After the last 

14 months of misleading the American people about the fiscally irresponsible stimulous act that didn’t stimulate, the cap and trade bill that’s being shot down by Democrats in coal producing states and the financial bill backed by Perlmutter that would harm U.S. financial markets, all Democrats have an incredible credibility problem.

Thanks to the Internet, blogs, news sites that track every move in Washington and alert advocacy groups, the American people are on to Obama’s con. They know the Democrats are lying when they say the health deform bill would reduce the deficit. Voters know that the health deform bill would cost upwards of $2.3 trillion and that the country can’t afford it. And voters know Obama and the Democrats know that voters know that they’re lying.

That’s why we’re so angry at the Democrats. The Democrats are saying, “Yeah, we’re lying. What are you going to do about it?”

Impact graphs from what Ryan told Obama to his stony cold face:

Now let me go through why I say that. The majority leader said the bill scores as reducing the deficit $131 billion over the next 10 years. First, a little bit about CBO. I work with them every single day—very good people, great professionals. They do their jobs well. But their job is to score what is placed in front of them. And what has been placed in front of them is a bill that is full of gimmicks and smoke-and-mirrors.

Now, what do I mean when I say that? Well, first off, the bill has 10 years of tax increases, about half a trillion dollars, with 10 years of Medicare cuts, about half a trillion dollars, to pay for six years of spending.

Now, what’s the true 10-year cost of this bill in 10 years? That’s $2.3 trillion.

[The Senate bill] does [a] couple of other things. It takes $52 billion in higher Social Security tax revenues and counts them as offsets. But that’s really reserved for Social Security. So either we’re double-counting them or we don’t intend on paying those Social Security benefits.

It takes $72 billion and claims money from the CLASS Act. That’s the long-term care insurance program. It takes the money from premiums that are designed for that benefit and instead counts them as offsets.

The Senate Budget Committee chairman [Kent Conrad] said that this is a Ponzi scheme that would make Bernie Madoff proud.

Now, when you take a look at the Medicare cuts, what this bill essentially does [is treat] Medicare like a piggy bank. It raids a half a trillion dollars out of Medicare, not to shore up Medicare solvency, but to spend on this new government program.

. . . [A]ccording to the chief actuary of Medicare . . . as much as 20 percent of Medicare’s providers will either go out of business or will have to stop seeing Medicare beneficiaries. Millions of seniors . . . who have chosen Medicare Advantage will lose the coverage that they now enjoy.

You can’t say that you’re using this money to either extend Medicare solvency and also offset the cost of this new program. That’s double counting.

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