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.

Related Articles

The McCain Campaign’s Messaging Has Become A Mess

When you’re running a presidential campaign, you hit your opponent’s weaknesses, respond to attacks, etc., etc., but you always need

Times Select Crashes & Burns: Told You So!

Here’s part of what I wrote about the New York Times decision to put their columnists behind a subscription wall

17

Attn. Harry Reid: Obama, Biden and Hillary Took Koch Money Too (w/ Video)

Sen. Harry Reid has an addiction to Koch. I’m not kidding. Watch this video: Now, here’s comes the head exploding