CBO Ups The Cost Projections Of Obamacare


Not that this is shocking to anyone, but as you recall, the Democrats were “delighted” when the CBO estimated in March that the net cost of Obamacare would be $788 billion over 10 years. They knew if that estimate had gone over $1 trillion before the vote, the bill would likely not pass. The CBO did caution at the time that it needed more time and information to estimate costs better, and now they have.

The new cost projection? A mere $115 billion or so more. So, Obamcare will indeed cost $1 trillion over ten years, just as all of us on the right predicted. Of course this is just the estimated cost. When has the government ever done anything but spend well over the estimated costs on anything? Medicare being a prime example.

All I ask is that you remember in November.

Also see...

Related Articles

29

Muslims at Cleveland Airport Refuse to Drive Cabs Advertising Gay Games

As a Cleveland native, I couldn’t help laughing at this story: local Muslims are refusing to drive cabs advertising the

There Is No Such Thing As A Fiscal Conservative Who Supports Throwing 700 Billion Dollars Of Taxpayer Money Down A Rathole

If the GOP supports this ridiculous bailout plan, so be it, but understand two things: Number One, I don’t give

46

Tolerance and Diversity: Teaching Girls That Misogyny And Beatings Are An Honor

Originally published at NewsReal: “Allah honored wives by instating the punishment of beatings.” So said Cleric Sa’d Arafat earlier this