The Libtards received a huge setback on their cornerstone legislation. A federal appellate court ruled Obamacare unconstitutional:
WASHINGTON - President Barack Obama's signature healthcare law suffered a setback on Friday when an appeals court ruled that it was unconstitutional to require all Americans to buy insurance or face a penalty.
The U.S. Appeals Court for the 11th Circuit, based in Atlanta, ruled 2 to 1 that Congress exceeded its authority by requiring Americans to buy coverage, but it unanimously reversed a lower court decision that threw out the entire law.
The legality of the individual mandate, a cornerstone of the healthcare law, is widely expected to be decided by the U.S. Supreme Court. Opponents have argued that without the mandate, which goes into effect in 2014, the entire law falls.
This ruling comes on the heels of an Investor’s.com report of an additional $500 billion in deficit spending. Initially, Obamacare was to cost the American taxpayers only $109 billion in deficit spending over 10 years. And Pelosi’s famous assertion is coming true, we are finding out what is in this bill after they passed it:
The latest cost overrun associated with ObamaCare? A $500 billion "error" associated with insuring the spouses and children of new entitlement recipients. That's $500 billion in additional deficit spending — although it didn't stem from an "error" so much as it was the result of a deliberate miscalculation.
As it attempted to calculate ObamaCare's true fiscal impact, the Congressional Budget Office was explicitly instructed to ignore the cost of covering family members under new eligibility requirements for low-income private sector employees.
"The Congressional Budget Office has never done a cost-estimate of this (because) they were expressly told to do their modeling on single coverage," researcher Richard Burkhauser told the Daily Caller this month.
Documents obtained from the Democratic-controlled Joint Committee on Taxation confirm Burkhauser's account — and demonstrate the lengths to which Obama supporters went in an effort to hide these costs from the taxpayers.
Obviously this isn't the first "oversight" associated with this unconstitutional abomination. In March of 2011, Obama's heath care czarina Kathleen Sebelius was forced to acknowledge under oath that the government double-counted $529 billion in "savings" associated with the implementation of the legislation.
Numerous other errors and omissions have been uncovered within ObamaCare's fuzzy math — including a $52 billion raid of Social Security and a $72 billion repayment obligation for a new "long-term care trust fund."
It looks like the D.C. Swamp Monsters have pulled another fast one. Obamacare is now projected to cost the taxpayers over a trillion dollars. And that is just what we have learned so far.