In March, Team Hopechange said passing ObamaCare would reduce the Federal deficit $138 Billion in ten years. Now we find out that - Oops! - the CBO projections were off by $115 billion. When you subtract that from the later revised CBO estimate of $143 billion, it appears to make the overall deficit reduction (writer whips out iPhone...) now $28 billion over ten years.
But wait, there's more! In April, Obama ran up the highest April monthly deficit in US history - $82 billion. Yes, in one month alone. And remember, April is when tax money flows into the Treasury - a fat deficit in April is not what one would expect.
The lesson here is this: In less than two months, all of the promised deficit reductions from enacting ObamaCare have been wiped out.
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