New numbers from the CBO (Congressional Budget Office) seem to indicate that the implementation costs of Obamacare (PPACA) will be markedly higher than the number used to “sell” the plan to the public. Informed patriots like you knew that the costs would explode, but it’s terrifying to see the costs continue to increase even before the implementation begins. Can you imagine what the price tag would be in 10 years? And can anyone explain why the US is running toward more government involvement in healthcare, while other countries are running back to free-market solutions?
More on this story, linked from HotAir:
Remember, they gamed this thing so that it wouldn’t take effect until 2014, which means that the cost of the first four years of implementation was essentially zero. That $940 billion figure really represented just six years of cost, not 10, but it was politically invaluable to Democratic messaging in letting them tout the bill as costing less than a trillion dollars. Now that we’re nearing 2014 and the 10-year window of cost projections has slid forward, you can see what this leviathan boondoggle really costs: $1.76 trillion, soon to top $2 trillion when the window slides forward another year in 2013 and the new projection reaches into 2023.
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http://hotair.com/archives/2012/03/13/cbo-new-10-year-projected-cost-of-obamacare-is-1-76-trillion/
