Does Mitt Romney have no shame? For a supposedly religious guy, he sure has no problem lying. Today PolitiFact caught him in an obvious falsehood.
The Affordable Care Act, a.k.a. Obamacare, doesn't add trillions of dollars to the deficit. Actually, the Congressional Budget Office says that it will reduce the deficit. So Romney is just making crap up.
So says PolitiFact, in a more polite manner.
How is it that a law can raise taxes and cut spending, but also add trillions to the deficit?
That was Mitt Romney’s claim after the U.S. Supreme Court upheld the core of the health care law on June 28, 2012.
"Obamacare raises taxes on the American people by approximately $500 billion. Obamacare cuts Medicare -- cuts Medicare by approximately $500 billion," Romney said. "And even with those cuts and tax increases, Obamacare adds trillions to our deficits and to our national debt, and pushes those obligations on to coming generations."
Here, we’re fact-checking Romney’s claim that "Obamacare adds trillions to our deficits and to our national debt." It’s a topic we’ve researched before.
We asked the Romney campaign for their evidence for this statement, but we didn’t hear back.
...The CBO said this about the health care law back in 2010: It lowers the deficit, by about $124 billion over 10 years.
And in 2011, when Republicans offered a bill to repeal the health care law, the CBO said that increased the deficit, by about $210 billion over 10 years.
...A statement on the CBO website on the day of the ruling said, "CBO is in the process of reviewing the Supreme Court’s decision related to the Affordable Care Act to assess the effect on CBO’s projections of federal spending and revenue under current law. We expect that this assessment will probably take some time."
Still, we find no factual basis for Romney’s claim that the law "adds trillions to our deficits and to our national debt." We rate his statement False.