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

Let Guatamala Take Care Of Its Own Citizens

Let Guatemala Take Care Of Its Own Citizens: Here’s another reason why health care is so expensive … “Martin Memorial

The World’s Most Expensive Bus Stop?

Thanks to the good people at Eyeblast.tv, a project of Media Research Center, few earmarks across America are going to

Chris Matthews Uses Death of Russert to Display Elitism

Watch this video where Chris Matthews displays his utter lack of class with Keith Olbermann. While almost every other journalist