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

19

ACORN Thrilled at O’Keefe Bust

The full story is at the New York Times, “4 Arrested in Phone Tampering at Landrieu Office.” And Michelle Malkin

ACLU Exaggerate Watch List Numbers

The ACLU sounded the alarm that our terrorist watch list has reached one million names! This is a huge exaggeration

13

“Lone Survivor” Navy SEAL Responds to Jesse Ventura’s Lawsuit Verdict

He wasn’t impressed: Navy SEAL Marcus Luttrell stood up for Chris Kyle’s widow and publicly bodyslammed Ventura. It’s doubtful that