December 19th, 2009
01:50 PM ET
10 months ago

President Obama: Health bill will significantly reduce deficit


Washington (CNN) – President Barack Obama said the health care reform bill now in the Senate would be the largest deficit-reduction measure in a decade.

According to the Congressional Budget Office, it will offer a decrease of $132 billion over the first decade, and more than $1 trillion in the 10 years after that.


Filed under: Health care • President Obama
soundoff (37 Responses)
  1. GI Joe

    Good

    W thought Iraq would welcome us and pay their own way for his "he tried to kill my daddy" war. When that didn't work, W decided not to show our cost for both wars as part of the deficit.

    Thank God we have an intelligent President now.

    December 19, 2009 02:57 pm at 2:57 pm |
  2. jane

    President Obama can take little credit for whatever good comes from this health care bill, which falls so pitifully short of what it should have been, He hardly fought for it at all, at least, not publicly, which is where he is strongest. He did not fight for the public option nor a buy-in to medicare for younger seniors. The lack of those two components prevent this bill from being anything near the landmark legislation that it should have been. And now who knows when we'll have another chance.

    Much time was also wasted in trying to garner bi-partisan support. The Republicans were never going to support this bill; they were going to fight every inch of it with all their might. Any Democrat who ever expected anything else knows far too little about political history.

    They did get something, but they were also taken for fools. The sad thing is that this will probably cost Democrats in the next election, despite the fact that the alternative will be even worse.

    December 19, 2009 02:58 pm at 2:58 pm |
  3. Robert of Washington

    After reading the prior posting, I realized I omitted one important point. With our current profile, that leaves us one of the penalized for being uninsured at $3,875.00 per person collectible by the IRS. So now instead of having some money for healthcare, that has to go to pay the government their penalty. This is insane!

    December 19, 2009 03:01 pm at 3:01 pm |
  4. Uncle ellsworthey

    I for one do not believe Obama. How in the world can he know or even guess, Harry Reid hasn't even brought the bill out yet. NOBODY knows what's in it . It's the most stupid, arrogant and idiotic thing I can imagine. How can they in all good conscience even debate let alone vote on something nobody has seen. We must have a bunch of total imbeciles representing us in Washington. If they should pass this bill most of the dummies who voted for it will be out of office the next time they stand for re election. The Majority of people in this country do not want this bill (57% to a mere 34%). These people in Washington need to pay attention to those they are supposed to represent or they will all be gone.

    December 19, 2009 03:01 pm at 3:01 pm |
  5. phoenix86

    Nobody call tell a bold-faced lie better than this guy. The bill will do nothing of the sort. It will cut medicare, introduce rationing, reduce quality of care, and add to the deficit.

    Perhaps before Obama leaves offfice for good in 2012, he will tell the truth about something / anything!

    December 19, 2009 03:05 pm at 3:05 pm |
  6. Mike in Granite Bay, CA

    As President Obama announces the possible – and impossibly elusive – Senate health care deal, amidst a massive whiteout blizzard that shuts down Washington, I'm reminded of the old adage "It will be a snowy day in Hell..."

    Unfortunately, I also see the unseemly spectacle of a few self-serving politicians, who give themselves the privilege of luxury health care, while excluding the public they "represent".

    Thank you, God, for bringing a day that may finally prompt America to correct one of our most tragic and outrageous and unholy societal diseases – in the richest country in world history, the conscious denial of the RIGHT to affordable health care for every citizen.

    December 19, 2009 03:09 pm at 3:09 pm |
  7. Marion/Birmingham,Al

    When has a bill every reduced the Federal Deficit??

    December 19, 2009 03:24 pm at 3:24 pm |
  8. Bob Pacific Grove, Ca

    Merry Christmas cons!! And thanks again for all your meaningful "input" on Health Care Reform, and every other major issue facing America....

    December 19, 2009 03:26 pm at 3:26 pm |
  9. Obamalism

    right...............

    December 19, 2009 03:28 pm at 3:28 pm |
  10. mike licavoli

    These savings will come from cuts to senior health care, namely, Medicare.

    December 19, 2009 03:29 pm at 3:29 pm |
  11. LacrosseMom

    SO TRUE! Healthcare will DECREASE........ DECREASE...... the DEFICIT.......... by............$132 BILLION!

    Bush was spending $10 BILLION A MONTH in Iraq!

    Finally, we have a president who IS FOR Americans!

    December 19, 2009 03:31 pm at 3:31 pm |
  12. Pelosi's a see-you-en-tea; Sniffit's a bee-you-tea-tee-whole

    He also said unemployment wouldn't go above 8% with his stimulus bill...

    December 19, 2009 03:39 pm at 3:39 pm |
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