Republicans hate ObamaCare so much, they'll be happy to triple the red ink added to the U.S. deficit with its repeal.

Let's be honest, Republicans would prefer we were all the subjects (employees) of a corporate boss. They want us to be desperate enough to settle for whatever they give us...and no complaining. These leaders of rugged individualism don't want you to succeed or start your own business, so that's why they want to make it hard for you to get insurance. 

But Republicans are caught in their own BS now, and they're hoping they can spin their way out of adding to the deficit when they destroy the Affordable Care Act. The numbers aren't looking good:

Reuters: Obamacare repeal to boost 10-year U.S. deficit by $353 billion … more than triple the red ink compared to an estimate three years ago.

But the CBO is now mandated by Republicans to use not just the hard facts, but the voodoo economic gimmick of “dynamic scoring,” a magical way to over predict the benefits of GOP policy. They even changed the head of the agency to get a better answer. Not only did that not work, the answer they got back was worse than before, when it was just $109 billion:

But the Congressional Budget Office and the Joint Committee on Taxation said the deficit increase would only be $137 billion if economic feedback effects were considered…"dynamic scoring."  

But these positive effects would target small businesses, and entrepreneurs now getting health care insurance on their own, instead of serving as an employee. Plus, they would lose their subsidies and probably the insurance and doctor they like;

The CBO and JCT said the main positive economic effect of repeal would be an increase in labor supply as Americans lose healthcare subsidies, boosting U.S. tax revenues. The agencies previously had estimated that more people nearing retirement age would limit their work and income to obtain federal insurance subsidies.

Based on the "static" budget analysis used most often by the CBO and JCT, the $353 billion deficit increase for 2016-2025 period increase … Repeal would increase deficits by $275 billion over the 2023-2025 period.

While Republicans lie about the impact of the Affordable Care Act, the truth stands in stark contrast:

The CBO and JCT also have lowered healthcare cost estimates since 2012, so a repeal of Obamacare's health coverage provisions would produce less direct savings than estimated previously.

Overall, based on static scoring, a repeal would reduce federal outlays by $821 billion over 10 years but this would be offset by an estimated reduction in revenues of $1.17 trillion.

Republicans target government, roll out Voodoo Economic.

Sen. Bernie Sanders got it right. It's dynamic scoring and the GOP's voodoo economic deceit, where a repeat of their failed policy will eventually make anyone hate government. PoliticusUSA:

The senator said the main reason Republicans want to change the budget rule is to disguise the impact of their plan.

The Republicans are politicizing the budget process in a way that will undermine the credibility of the Congressional Budget Office and the Joint Committee on Taxation, which have provided unbiased, nonpartisan analysis on the cost of tax and spending bills.

Republicans are refusing to face the reality that tax cuts for the wealthy don’t grow the economy. Instead, they are trying to rewrite the rules in order to hide their policy failures. 

Howard Dean didn't hold back either, warning Americans Republicans will now easily invent growth with magical dynamic scoring, all the while spending money:

Ah, Dynamic Scoring and the Magic of Trickle Down Economics about to transform the Country....

From Common Dreams, I thought this description of trickle down economics by Robert Reich said it all. I've also included the video admission by Alan Greenspan that deregulation and trickle down was a failure, for those still not convinced. Tax cuts and deregulation are conservative concepts that go hand-in-hand. Our incoming Republican majority will be doubling down on their past failures. They're going to make this work if it kills us:  

Reich: According to reports, one of the first acts of the Republican congress will be to fire Doug Elmendorf, current director of the non-partisan Congressional Budget Office, because he won’t use “dynamic scoring” for his economic projections. Dynamic scoring is the magical-mystery math Republicans have been pushing since they came up with supply-side “trickle-down” economics.

It’s based on the belief that cutting taxes unleashes economic growth and thereby produces additional government revenue. Supposedly the added revenue more than makes up for what’s lost when Congress hands out the tax cuts. Dynamic scoring would make it easier to enact tax cuts for the wealthy and corporations, because the tax cuts wouldn’t look as if they increased the budget deficit.

Incoming House Ways and Means Chairman Paul Ryan (R-Wis.) calls it “reality-based scoring,” but it’s actually magical scoring – which is why Elmendorf, as well as all previous CBO directors have rejected it.

Few economic theories have been as thoroughly tested in the real world as supply-side economics, and so notoriously failed: Ronald Reagan cut the top income tax rate from 70 percent to 28 percent and ended up nearly doubling the national debt. His first budget director, David Stockman, later confessed he dealt with embarrassing questions about future deficits with “magic asterisks” in the budgets submitted to Congress. The Congressional Budget Office didn’t buy them. George W. Bush inherited a budget surplus from Bill Clinton but then slashed taxes, mostly on the rich. The CBO found that the Bush tax cuts reduced revenues by $3 trillion.

Yet Republicans don’t want to admit supply-side economics is hokum. The CBO has continued to be a truth-telling thorn in the Republican’s side.

The budget plan Paul Ryan came up with in 2012 slashed Medicaid, cut taxes on the rich and on corporations, and replaced Medicare with a less well-funded voucher plan. Ryan claimed these measures would reduce the deficit. The Congressional Budget Office disagreed. His 2013 and 2014 budget proposals were similarly filled with magic asterisks. The CBO still wasn’t impressed. Now that Elmendorf is on the way out, presumably to be replaced by someone willing to tell Ryan and other Republicans what they’d like to hear, the way has been cleared for all the magic they can muster. Or have your benefactors finance “think tanks” filled with hired guns who will tell the public what you and your patrons want them to say.