How about lying looters? This is priceless:
the talking points released this morning by House Majority Leader Steny Hoyer (D-Md.) claim the bill both “IS FULLY PAID FOR” and “EXTENDS THE SOLVENCY OF MEDICARE.” President Obama made the same assertion in an interview with Fox News yesterday, and Bret Baier called him on it (italics added):
Baier: The CBO has said specifically that the $500 billion that you say that you’re going to save from Medicare is not being spent in Medicare. That this bill spends it elsewhere outside of Medicare. So you can’t have both.
Baier: You either spend it on expenditures or you make Medicare more solvent. So which is it?
Obama: talk talk talk …
Baier: — the CBO or the actuary that you can’t have it both ways?
Obama: No —
Baier: That you can’t spend the money twice?
Obama: — no, what is absolutely true and what I do agree with is that you can’t say that you are saving on Medicare and then spend the money.
Look how long it takes for Obama to concede Baier’s indisputable point about double counting. He tries to divert the conversation with irrelevant comments about the prescription drug “donut hole” and the commission on entitlements. He tries to dodge the question by saying “nobody’s claiming that this piece of legislation is going to solve every problem.” Yes, and nobody’s claiming that anybody is claiming that. Finally, he admits that “you can’t say that you are saving on Medicare and then spend the money.” Yet that is exactly what Obama and his allies in Congress keep doing.
The CBO’s preliminary analysis of the bill is here (PDF).