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

Executive Experience By Frank J.

It bodes pretty well for John McCain that a group of Democrats were able to give better explanations for reasons

Harry Reid’s Abramoff Problem

From Harry Reid in a column entitled “Democrats will clean up Washington, focus on Americans” on January 14, 2005 “This

Video Of The Day: Nutty Ron Paul Supporters Marched Around The NH Dem Debate Shouting About 9/11

I’ve developed a rich, zesty, dislike for Ron Paul in part because he’s a loon and in part because he

comments

Share This

Share this post with your friends!