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

Greetings From A Land Of Bent And Broken Things By Greyhawk

Some of you may have noticed I didn’t post my own thoughts on (Sunday’s) elections. My reason is simple: it

Hey Oliver Stone, Your Movie Was Just Horrible, OK?

Oliver Stone is whining again because his movie “Alexander” stunk it up at the box office. Rather than put the

One In 10 Indonesian Muslims Back Violent Jihad; 20% Support Jihad Group By Robert Spencer

If the ten percent figure is correct, that’s (18,700,000) people who support jihad actions such as the Bali bombings, and