VIDEO @ the URL below.
Michael Steele on the CBO Report: 'That's a Lie'
By Heather Friday Mar 19, 2010 6:00am
http://videocafe.crooksandliars.com/heather/michael-steele-cbo-report-thats-lieAs Sam Stein pointed out, Republicans sure like to cite reports from the Congressional Budget Office when it suits them, but when the numbers favor Democrats, not so much.
Michael Steele Says CBO Lied After Citing It Favorably 8 Times In One Speech:
But on Thursday Republican national Chairman Michael Steele took the routine to a new extreme, going so far as to dismiss the CBO's analysis of the deficit reducing impact of the health care bill a "lie."
Asked to responded to calculations that the bill would save $1.2 trillion in the out-years following the first decade after implementation, Steele replied told CNN's Rick Sanchez: "I got two words for you -- or three words. Three words... That's a lie."
It's not, of course. It is an estimate based on a formula and data. And while it surely won't be dead-on-accurate, it's a well-respected basis for considering legislation. Steele, at the very least, should know this. Back when he was delivering a tour-de-force takedown of the health care bill in late July, the RNC chair cited CBO data eight times in an effort to claim it was a deficit killer.
And from Think Progress -- Michael Steele Delivers Joe Wilson-Like Policy Analysis Of CBO Report: ‘That’s A Lie’:
Earlier today, the Congressional Budget Office released a preliminary analysis of the health care reform reconciliation package, concluding that it would cost $940 billion over 10 years, reduce the deficit by $138 billion over 10 years and by $1.2 trillion over 20 years. Republicans, however, are either dismissing the numbers or asserting that the report shows that health care reform is not “gonna save the taxpayers’ money.”
On CNN today, RNC Chairman Michael Steele — who has previously said he doesn’t “do policy” — took a page out of Rep. Joe Wilson’s (R-SC) book and directly accused the CBO of lying.