CBO Says Repealing ObamaCare Would Reduce Net Spending by $540 Billion

Sure, but why would we want to reduce government spending during a fiscal crisis? Let's continue to spend our way out of debt. It worked so well for the Japanese...

From the The American Spectator piece by Philip Klein:

"The Congressional Budget Office, in an email to Capitol Hill staffers obtained by the Spectator, has said that repealing the national health care law would reduce net spending by $540 billion in the ten year period from 2012 through 2021. That number represents the cost of the new provisions, minus Medicare cuts. Repealing the bill would also eliminate $770 billion in taxes. It's the tax hikes in the health care law (along with the Medicare cuts) which accounts for the $230 billion in deficit reduction [emphasis mine]."

The full CBO e-mail is at The American Spectator link above. Check it out.