Paul Ryan: Actually, Obamacare Will Increase Budget Deficit by $700 Billion Over 10 Years

House Budget Committee Chairman Paul Ryan spoke at an e21 event where he said the true cost of ObamaCare is $700 billion in new deficit spending. “Ryan said this afternoon at the National Press Club that the only reason a Congressional Budget Office letter claims the national health care law will reduce the deficit–i.e. bring in more revenue through tax hikes and Medicare cuts than it spends on Obamacare–is because ‘the books have been severely cooked’–not by the CBO but by the Democrats who wrote the bill.”