‘YOU were right!’ New CBO Obamacare report is a major black eye for Obama Administration

Last week, the non-partisan Congressional Budget Office released a new report that refutes just about every promise once made by the Obama Administration in relation to the impact of Obamacare. We already knew Americans who liked their doctors and plans were not necessarily able to keeps those doctors and plans. In many cases, health insurance plans offered through the Obamacare exchanges offered less coverage with a higher deductible. Businesses were forced to reconsider hiring practices because of Obamacare-related benefits expansion.

Based on the new CBO report, we now also know:

Obamacare is NOT deficit neutral

Obamacare WILL cost millions of jobs

Obamacare WILL cause drop in employer-provided health insurance

“I thought before we move forward on anything, we really need to set the record straight because there was a really important thing that came out of the CBO… Last week, the CBO updated Congress on the impending effects of Obamacare,” Glenn said on radio this morning. “The numbers are not pretty. Upon the release of these numbers, the best defense the White House could come up with is: The CBO report is subject to misinterpretation. Is it? You know what's not subject to misinterpretation? The fact that this Administration was lying to your face, looking you in the eye and lying to your face in 2009 and 2010, as they crammed Obamacare down your throat.”

When this law was rammed through Congress in 2010, the leftists and media did anything and everything in their power to silence dissenters and pass off the concerns of anyone who disagreed. As it turns out, the concerns of those dissenters were, in many cases, true.

“They did everything they could to obstruct anyone who stood in the way. Not just obstruct, destroy… You knew what was going on. Common sense told us the federal takeover of one-sixth of the U.S. economy would be a very bad thing for this country,” Glenn said. “And four years later, after it has become law, after they have still gutted this thing so the really bad effects don't hit yet, you're just beginning to feel how bad this thing is going to be. Now the nonpartisan CBO confirmed our predictions and your predictions in this report. It backs up what we have said all along. It shows that we were not the ones that were wrong.”

When it came to Obamacare, President Obama declared priority number one for his administration was to ensure the law was deficit-neutral. Well, that is far from true.

Remember this promise from President Obama on June 15, 2009:

OBAMA: It is a cost that will not – I repeat – will not add to our deficits. I've set down a rule for my staff, for my team, and I've said this to Congress, healthcare reform must be and will be deficit-neutral in the next decade. Now, there are already voices saying the numbers don't add up. They're wrong.

Page 111 of the new CBO report has this to say about Obamacare and deficits:

CBO and JCT estimate the ACA coverage provisions will result in a net cost to the federal government of $41 billion in 2014 and $1.487 trillion over the 2015 to 2024 period.

“So $1.5 trillion in the next nine years. $1.5 trillion added. We don't have the money,” Glenn said. “Progressives didn’t care about the promises then, and they don’t care about their promises now.”

Another Obamacare-related promise was the millions of jobs it would add to the U.S. economy. Remember this gem from then Speaker of the House Nancy Pelosi (D-CA) on February 25, 2010:

PELOSI: So this bill is not only about the health security of America. It's about jobs. And it will create 4 million jobs – 400,000 jobs almost immediately. Jobs in the healthcare industry but in the entrepreneurial world as well.

This is what page 127 of last week's CBO report has to say about Obamacare job creation:

The CBO’s updated estimate of the decrease in hours work translates to a reduction in full-time equivalent employment of about 2 million in 2014, rising to 2.5 million in 2024, compared with what would have occurred in the absence of the Affordable Care Act.

“From the very beginning, we knew the penalties associated with Obamacare, and we knew it would hurt the job mark, not help it. You knew that. You're smart,” Glenn said. “Trust the American people. Trust the audience. They are smart. Show them the evidence, and they will come to the correct conclusion. It is not our job to do anything but bring you the evidence and let you figure it out.”

To further exacerbate the jobs problem, the CBO is also reporting that businesses will revaluate their hiring practices. On July 15, 2009, Glenn said this on his radio program:

GLENN: One tax on one small business costs between five and ten jobs. Think about that against the entire scale of the economy. You'll begin to see what that plan is going to cost in free health care. The higher the tax, the less people get hired. The more people need government to give them health care or housing. This is a freedom grab.

Page 124 of the CBO report states:

Businesses also may respond to the employer penalty by seeking to reduce or limit their full-time staffing and to hire more part-time employees.

“Remember we are being lambasted. We were madmen. We were a danger. We were terrorists. We were absolutely everything because we stood against Obamacare,” Glenn said. “But you don't need the CBO or me telling you what Obamacare was going to do to your business or job because you're smart… You knew the truth. We knew the truth. The CBO now verifies that they were wrong about everything.”

While the CBO does corroborate the fears conservatives have had since Obamacare’s inception, it is still a bittersweet moment. The failure of Obamacare ultimately could mean the failure of the U.S. economy.

“It’s not satisfying to do [this] monologue. Really not satisfying because we are not looking to be right. I don't want to be right. Being right means the destruction of our country, and there's no satisfaction in that. I wish I could get on and say, you know, I was wrong. Obamacare is a success. And it's working. And it's not going to bankrupt our country… But we're not,” Glenn concluded. “The question is: Are you prepared to stand and lead? Are you prepared? And who are you now saying I'm going to campaign for that person because I believe in that person, no matter what the party says.”

Read the entire CBO report below:

45010-Outlook2014

Front page image courtesy of the AP

The government of the Northern Territory of Australia is now running "mandatory supervised" COVID-19 quarantine facilities, and there are a lot of conflicting reports going around about what's really happening in these "camps." Are they internment camps, summer vacation spots, or something in between?

On "The Glenn Beck Program" Monday, Glenn and Producer Stu Burguiere discussed the case of 26-year-old Australian resident Hayley Hodgson, who detailed her experience at the Center of National Resilience in Howard Springs during a recent interview with UnHerd. They compared Hodgson's description of the Howard Springs facility to images of bikini-clad Australians in quarantine who appear to be on holiday at the same facility.

So, what's really going on with Australia's COVID quarantine facilities? Watch the video clip below to hear Glenn and Stu break down what we know so far:

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Glenn Beck: Here's how YOU can fix the Great Reset's housing crisis

Photo by H. Armstrong Roberts/Retrofile/Getty Images

How's the housing market looking these days? Because under Build Back Better (aka the Great Reset), investors are grabbing up homes at a record pace.

On "The Glenn Beck Radio Program," Glenn discussed a recent Redfin News report, which shows that almost one in five homes sold in the U.S. during the third quarter of 2021 was purchased by an investment firm, and many are paying tens of thousands of dollars over the asking price.

"Think of that, one in every five homes that are sold are going to a big investment firm," Glenn said. "Investors bought more than 90,000 homes, totaling more than $63 billion, representing 18% of all homes sold in the quarter. The numbers broke all records."

"The same factors have pushed more Americans to rent, which also creates opportunities for investors, because investors typically turn the homes they purchase into rentals," he continued. "And now they can charge higher rents. Rent for single-family homes surged by more than 10% in the 12 months, through September. The fastest annual rent inflation in 16 years."

"And nearly 77% purchased were bought in an all-cash transaction," Glenn added. "That's not your average person. These investment firms, like BlackRock, are going in and buying entire neighborhoods. They are the people that come in, and say, 'I'll give you $70,000 over the asking price.' ... Now, why would investment firms think they will just be able to make money paying $70,000 over the asking price? What is it that they know, that you don't know? Could they know, as the Great Reset states, that by 2030, you will own nothing and you'll like it?"

Watch the video clip below to hear Glenn offer his thoughts on how you can solve the Great Reset's housing crisis:


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On "Glenn TV" Wednesday, Glenn Beck exposes the radical plan to flip the United States from capitalism to socialism and into a lawless nation. It's an old strategy that mirrors a communist Cold War playbook. The goal now, as it was then, is this: How do they get a revolution without all that civil war stuff? It’s a five-step plan, and we're deep into several of the main steps RIGHT NOW.

Our justice system has been infiltrated by woke leftists, and something called "the progressive prosecutor movement" is methodically transforming Main Street USA into Main Street Gotham City. We can see it all over the country in places like San Francisco, with the Waukesha massacre as a terrifying glimpse into more of what's coming. And the media? They're currently running interference in one of the largest misinformation operations in history.

It’s happening at the city, state, AND federal levels. And President Trump might be one of the biggest victims of them all, a fact that even Trump critic Joe Rogan has realized on the Russia collusion hoax: “No one is being held accountable!” That ends now, as Glenn calls on Americans to push back on the lies that keep us divided in a cold civil war.

Watch the full episode below:

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A "one-world government" is being formed right now and it’s called the Great Reset, Glenn Beck said on the radio program Monday. And now, rebuild plans for the fire-damaged Notre Dame Cathedral hint at the formation of a global church, too.

In this clip, Glenn detailed plans for the iconic, 850-year-old church’s "woke" renovations that sound more like a 'politically correct Disneyland' complete with a "discovery trail," "emotional spaces," and 14 themed chapels.

"Notre Dame is now being built back better as a 'woke theme park' dedicated to environmentalism and social justice," Glenn explained.

"There will be several different chapels within, [for example] a chapel for social justice, and then chapel for environmental justice," he continued. "Which leads me to this point. The 'one-world government' is being formed, right now. One-world government. It is being formed and it's called The Great Reset."

Glenn went on to predict that one of the first steps in the direction of a one-world government will be a push for a global religion.

"I think we're seeing the first church now being dedicated to the new global religion — and it is social justice, environmental justice, and all this gobbledygook. We all know, it's not just wrong, it is dangerous. That's the first church, the cathedral of Notre Dame, in France, is the first global church. Mark my words. Christian, Jews, Muslims ... this global church will bring darkness unlike you've ever seen."

Watch the video clip from "The Glenn Beck Program" below:

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To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.