Romney's Gross Exaggeration About Obamacare DEBUNKED

Mitt Romney Makes 'Gross' Exaggeration On Obamacare

Mitt Romney falsely claims government will "constitute … almost 50 percent" of the U.S. economy when the new federal health care law takes full effect. But Romney gets to 50 percent by erroneously counting all health care spending — private and public — as "effectively under government control once Obamacare is fully implemented," as his spokesman put it.

That's nonsense — just as it was two years ago, when Rep. Michele Bachmann made a similar bogus claim. The fact is that the nation's health care system will be no more under federal control than Massachusetts' fell under state control after Romney signed a similar health care law as governor. Both Obama and Romney expanded the private insurance market by mandating that individuals purchase health care coverage.

Besides, contrary to years of constantly repeated Republican rhetoric, the health care law (if allowed to stand) will constitute a relatively minor expansion of the government's share of health care spending, which was already large and rising due to the aging population.

Romney's health care claim was one of a few questionable statements he made during a speech in Lansing, Mich., on May 8. Reiterating claims we have debunked before, Romney also overstated the impact of Obama's tax plans on small businesses, misrepresented the Independent Payment Advisory Board to be created under the health care law, and falsely accused the administration of refusing to allow Boeing to build in a right-to-work state.

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http://factcheck.org/2012/05/romneys-gr ... obamacare/

:VeryScared: NO!?!?! REALLY?!?! Romney is lying, (er, "grossly exaggerating") about Health Care?!?! Well, I'm stunned. SHOCKED, I tell you, Shocked! Imagine my surprise!?!?

Have to disagree, almost all commerce is under federal control right now. Remember the case of the farmer who was growing wheat for his own consumption but still had to follow federal guidelines.

One more example, Obamacare includes a excise tax on new medical capital equipment bought. So even if it isn't bought by a federal bureacracy, the goverment is still collecting taxes off it.

FredHayek wrote: Have to disagree, almost all commerce is under federal control right now. Remember the case of the farmer who was growing wheat for his own consumption but still had to follow federal guidelines.

You mean the one in 1938? :Snooze

FredHayek wrote: One more example, Obamacare includes a excise tax on new medical capital equipment bought. So even if it isn't bought by a federal bureacracy, the goverment is still collecting taxes off it.

Good...Another loophole that needs to be closed...

Doesn't change anything about the Romney's GROSS exaggerations...(read: lies)... But thanks for playing.

I think we need some sort of counter to keep tabs of the number of lies he can cram into one speech. (But then we could wait a couple of hours, and he might change his mind....again....)

OH THE HORROR!!!

But you probably believed Obama's LIES when he said the bill would "create" jobs, reduce premiums, and NOBODY would lose the insurance they currently have. Next outrage.......

I have no idea of the percentage of the US economy it will be, but I can tell you this. Most companies will drop their private insurance and pay the penalty instead. I know this is the intention of the Obamacare plan, and will end up single payer, just as Obama has wanted. Whatever the health expense we pay in this county....the vast majority of it will be under govt control.

Just what *I* want... I disagree that that is how it will end up...But if it does, I would be thrilled.

Companies dropping health insurance? I used to believe this too, but consider this, most companies continue to provide health care insurance as a fringe benefit and the fines haven't even started. I think this will continue. It is still a good way to keep employees and attract new hires. Plus the exec's making these decisions like having company provided health insurance too. I know some employers will drop covereage for their un-skilled easily replaced workers, but a lot of these type of employees aren't being covered right now anyway.

No, but when the insurance pools kick in so that employers and workers can get their insurance at competitive rates, then EVERYBODY will benefit.

How convenient to ignore the fact that the pools are a huge part of the solution...

Dang...Facts are a bitch, aren't they? (Unless, of course, they're the kind that get twisted by the righties-with-an-agenda that want to lie about it.)

http://www.forbes.com/sites/rickungar/2 ... -working/0

http://www.outsidethebeltway.com/obamac ... f-insured/

Don't know why anyone is bothering with the ACA at this point - after the end of June it will be a mute point what percentage of GDP it would or would not have consumed in the wake of being struck down as an unconstitutional usurpation of power not delegated to the United States . . . .

Insurance pools instead of work based insurance? That Obama is a smart guy since even more people will be out of work if he gets re-elected.