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Note to Congress: An Ounce of Prevention Can Save a Pound of Deficit

November 26, 2012
by Rob Waters
Forbes

 

“Elections have consequences and at the end of the day, I won.”  So said Barack Obama shortly after he took office in 2009 and it bears repeating today as Obama and Congressional leaders begin negotiating a budget deal to avoid the so-called fiscal cliff.

In the immediate aftermath of the election, there was a fleeting moment when House SpeakerJohn Boehner acknowledged one of the consequences of President Obama’s 3.5 million-vote margin in the national popular vote. “Obamacare is the law of the land,” Boehner declared. But within hours he was walking that statement back and saying Congressional Republicans still want to repeal the Affordable Care Act. He later repeated that position in an Op-Ed, arguing that the Act itself must be on the table during deficit-reduction negotiations.

 

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