Wednesday, March 14, 2012

CBO Finds Out What Obamacare Cost After Democrats Passed It

Nancy Pelosi and her Democratic junta shoved the Obamacare bill right down our throats. We all remember when she and her fellow totalitarians strolled through the crowd as she defiantly waved her big gavel. I’ve never witnessed a demonstration of outright arrogance and condescension from an American politician as at that moment. Now, we are finding out what damage these scoundrels have cost this country. The Washington Examiner reported the following:

President Obama's national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law.

Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "
around $900 billion over 10 years." When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation.

Nancy Pelosi was right. We are finding out what was in the bill after they passed it. And what the democrats did is borderline treasonous.



Source: http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/cbo-obamacare-cost-176-trillion-over-10-yrs/425831

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