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

4

Massachusetts: The Best Laid Plans Of Democrats

It would appear that long-shot Republican Senate candidate Scott Brown has a fighting chance of winning the “Ted Kennedy Seat”

Awww, Don’t Leech Bandwidth!

This cute Spanish chick (At least I think the cute Spanish chick runs the website. It’s all in foreigner talk,

Conservative Grapevine Promo

Make sure to check out Conservative Grapevine today, where you’ll find links like: The Daily Gut: In a nutshell: Obama