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 on the Web

Related Articles

The Paulbots: Should Redstate Have Banned Them Or Not?

Over at Redstate, they’ve actually gotten so tired of Paulbots that they’ve decided to ban them, “Effective immediately, new users

1

VIDEO Bryan Fischer: Obama Wasn’t in the Situation Room during Bin Laden Raid, he was playing cards with Reggie Love

Fischer discusses how Reggie Love, Obama’s body man (wink, wink) blew his spot by confirming that Obama couldn’t take the

2

Afghan President Hamid Karzai Calls Taliban “Brothers,” Slams United States

Yesterday, I posted on an Afghan lawmaker who called for jihad against America. : Today, it’s the president who owes everything