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

An Interview With Walter Olson:

An Interview With Walter Olson: I was pleased to get an opportunity to interview Walter Olson of Overlawyered.com via email.

6

WikiLeaks Cables Reveal Unease Over Mexican Drug War

At LAT: In contrast to their upbeat public assessments, U.S. officials expressed frustration with a “risk averse” Mexican army and

Daily News for August 11, 2006

Foreign British Police Arrested 24 People In Overnight Raids And Said On Thursday They Had Foiled A Plot To Commit