‘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

Earlier this year, Coca-Cola became the poster child for how a corporation could shove leftist ideologies onto its consumers. The company suspended advertising on Facebook in a push to censor former President Donald Trump, published a manifesto about racial equity, and demanded all legal teams working for Coke meet certain diversity quotas.

But now, after Trump, Sen. Ted Cruz (R-Tx.), Sen. Rand Paul (R-Ky.), and many other conservative voices called for a boycott of the company's products, Coca-Cola appears to be shifting directions.

The Washington Examiner reported that the company issued a conciliatory statement after conspicuously failing to appear on a published list of hundreds of corporations and individuals that signed a statement denouncing the Georgia voting bill.

"We believe the best way to make progress now is for everyone to come together and listen respectfully, share concerns, and collaborate on a path forward. We remained open and productive conversations with advocacy groups and lawmakers who may have differing views," the company said. "It's time to find common ground. In the end, we all want the same thing – free and fair elections, the cornerstone of our democracy."

Then last week, Coca-Cola Co.'s new general counsel, Monica Howard Douglas, told members of the company's global legal team that the diversity initiative announced by her predecessor, Bradley Gayton, is "taking a pause for now." Gayton resigned unexpectedly from the position on April 21, after only eight months on the job, to serve as a strategic consultant to Chairman and CEO James Quincey.

"Why is Coca-Cola 'taking a pause' on all of these? Because you have been standing up," Glenn Beck said on the radio program Monday. "You and others have been standing up. Your voice, it's the power of one. Your voice makes a difference."

Watch the video below to hear more form Glenn:

Want more from Glenn Beck?

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.

This week on "The Glenn Beck Podcast," civil rights activist and Woodson Center founder Bob Woodson joined Glenn to call out the leftists in the "race grievance industry," like the Rev. Al Sharpton and Black Lives Matter, Inc., who, he says, are "profiting off the misery of their people."

Woodson lived through the appalling segregation laws of the last century and has a much different message about what it means to be "oppressed" than the so-called "anti-racist" activists today.

Woodson said he believes the real struggle for impoverished minority communities "is not racial." He argued that leftists "at the top" derive "moral authority" by claiming to represent "so called marginalized groups," while they prosper at the expense of those "at the bottom."

"There's nothing worse than self-flagellating guilty white people and rich, angry black people who profit off the misery of their people," Woodson said.

"I call what Sharpton and some of those are doing is worse than bigotry. It's treason. It's moral treason against their own people," he added. "The only time you hear from them is when a white police officer kills a black person, which happens maybe 20 or 21 times a year, but 6,000 blacks are killed each year by other blacks. So, in other words, their message is black lives only matter when taken by someone white, which means you are betraying the black community when you turn your back on 20 children that are slaughtered and you don't march in that community and demand that those killers be turned over to the police."

'The problem is not racial," Woodson asserted. "The problem is the challenge of upward mobility. Any time you generalize about a group of people, blacks, whites, Native American, and then you try to apply remedies, it always benefits those at the top at the expense of those at the bottom. ... It's a bait and switch game where you're using the demographics of the worst of these, to get resources that helps the best of these, or those who are prospering at the top. So, if I was the president, I would say an end to the race grievance business, that America should concentrate on the moral and spiritual free fall that is consuming people at the bottom."

Watch the video clip below to catch more of the conversation, or enjoy the full podcast here or wherever you listen to podcasts:

Want more from Glenn Beck?

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.

Following President Joe Biden's first joint address to Congress, Glenn Beck joined fellow BlazeTV host and author of the new book, "American Marxism," Mark Levin to expose what they called the "Liar-In-Chief's" radical plans for our country and to explain why the far Left's proposals and programs are really a "frontal attack" on our Constitution, our country, and our way of life.

"Substantively, this is a frontal attack on our Constitutional system of limited government. It is a frontal attack on our capitalist system. He's basically throwing out all the bromides for the radical left groups that now form the base of the modern Democrat Party. And I make the case that ... this is Marxist bullcrap in its broadest sense," Levin stated.

"Here we are, a country now where one man can get up in the middle of the night and make a list of everything he wants to do to the country," he added, speaking figuratively. "It's like an unreality where we're living in separate worlds ... the whole thing is a fraud."

Watch the video clip below to hear Levin expose the lies and misinformation in Biden's speech and explain why he believes the true message is absolutely chilling for the future of our nation:

Want more from Mark Levin?

To enjoy more of "the Great One" — Mark Levin as you've never seen him before — subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

After months of delays and COVID-19 excuses, President Biden finally delivers his address to the joint session of Congress. It is a truly historic moment, as only a few hundred members of Congress received an invite. While some have compared this speech to JFK's moon landing challenge, it will likely be more like FDR's New Deal nightmare. Will Speaker Pelosi continue her tradition of ripping up the president's speech? Will VP Harris cackle to a quiet audience?

Glenn Beck teams up with fellow BlazeTV host Mark Levin, author of the new book "American Marxism," to take on the progressive plans that could completely transform our economy and our way of life. Steve Deace, BlazeTV host and author of "Faucian Bargain," joins to discuss why it's not enough for conservatives to just lament the dangerous Democrat agenda; we must activate against the woke infection of our institutions. Plus, a power panel to rival CNN talking heads: Stu Burguiere, BlazeTV host of "Stu Does America," and Jason Buttrill, head researcher and writer for Glenn Beck.

Watch the video below:

Want more from Glenn Beck?

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.

Subscribe today and save $20 with promo code "MALARKEY".