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.

Trending Today

Related Articles

Jesus May Love You, But He’s Not Showing Up In Your Ultrasound

Over at My Fox Birmingham, I kid you not, they have this ultrasound featured in a story called, “Did Jesus

RWN’s Top Referrers For 2005

Here are RWN’s top referrers for 2005. Feel free to go check a few of these blogs out. After all,

A Third Party Illegal Immigration Challenge?

Rasmussen polling put out these eye catching numbers on Thursday: The survey also asked respondents how they would vote if