04/10/2012 11:49 am ET

The Bogus Obamacare-Deficit Study

The Washington Post has an apparent blockbuster story today. It reports that a new study finds that Obamacare will increase the budget deficit, not decrease it, as the Congressional Budget Office has found:

President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next decade, according to a new study by a Republican member of the board that oversees Medicare financing.

That sounds pretty legit, right?

Actually, no. It’s not even remotely legit.

Read more on New York Magazine

Subscribe to the Politics email.
How will Trump’s administration impact you?