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Full of smoke and mirror and gimmicks and double costs medicare cost savings and double counts increased taxes for social security and increased premiums for the new class act and if you take this double counting out of the bill which the cbo cannot do because that is the way it is put in front of them it is a $460 billion deficit the first ten years and 1.4 trillion dollar deficit -- >> explain the double counting. you made a big point of that. >> two things the bill looks like it reduces the deficit because they raise taxes a half trillion dollars over ten years and cut medicare a half trill...

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House accused of using fuzzy math to show the health care bill will ultimately save taxpayers in cash and critics are reacting to that. bill: so is stu varney. good morning to you. are they double-dipping, double-counting? is this how you are paying for the health care law? >> they are undercounting and it undermines the financing of omabacare. senator orrin hatch probably said it best in response to that exchange, this is senator orrin hatch, he said the administration is finally admitting you can't use $500 billion simultaneously to fund medicare and fund omabacare. let's break that down for...

You can't do that. now, if you reduce it all down, what it means is this: omabacare's sold on the projects that it would reduce the federal decifit. this double-counting proves that you do not reduce the federal decifit. bill: so why are we just finding this out now, stuart or why is the admission just coming out? because the appropriate question was asked or is it more than that? >> it's the appropriate question was asked and pressed very hard. if you saw the full exchange there between john shimkus and secretary sebelius, it went on for some time. he was really pressing hard. but there was a...

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