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

Daily Kos: Terrorism? Who Cares About Terrorism?

Over at the most popular liberal blog on the planet, the Daily Kos, Darksyde cites a few statistics that show

11

Something Else for Taxpayers to Grouse About

Almost no one in the media or either party could find any alternative in the ongoing budget crisis but to

Quote Of The Day #2: Blame The Libs, Not The Saudis For High Energy Prices

This seems like a rather common-sensical point from W. doesn’t it? “Those who are screaming the loudest for increased production