[quote=ucodegen]
Simple answer – yes.
More complicated answer – to a large part yes, presidents can also hand their successor a ‘time bomb’ – an example that many don’t believe is actually the ACA (aka Obama Care). Note that it was passed many years before it came into force, and it came into force towards the mid-end point of Obama’s second term. The time bomb part is the ‘sponsoring’ or ‘aid’ for those whose incomes are lower than a certain threshold (which is approx the lower 30% to 40% income threshold by population count). There was never any direct ‘line-item’ in the budget. It is more of a continuing ‘entitlement’. There are approx 300 Million people in the US (including children). If there is an average financial assistance of $300/month per person below that income threshold, that ends up being $3,600 per person per year or $1.08 trillion a year on what is basically unfunded mandates. I know that I was charged nearly $1,000/month for health care – no prior, no existing problems, on a bronze plan as an individual. That also means the $300/month average assist per person is probably not far off. Insurance costs jump as you get older.
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That math makes no sense. ACA pays 100% of insurance for only a small portion of the population. It doesn’t subsidize everybody’s insurance. Yet you counted the full cost of every person in the country when calculating the cost of assistance. If you are paying $1000/month, you can’t count yourself in the cost to the government. Fake news, easily dismissed with a basic check of the arithmetic.
