Sick with a bad case of Zeroes: CBO Says Obamare to cost more than projected

TheCypressTimes.com ^ | 05/13/2010 | staff

[Patriot1259]

On the yearlong course to getting their beloved healthcare reform passed, Barack Obama and Congressional Democrats didn’t always hear what they wanted to hear from the Congressional Budget Office (CBO) gatekeepers.

But when they finally did on the days leading up to the historic March 21 vote, they dismissed an important CBO caveat in order to strike while the iron was hot. Now, hardly to the surprise of ObamaCare critics like political commentator and former Colorado Congressman, Bob Beauprez (R), the CBO says the cost is going to be much higher than originally projected.

So, what was the caveat back in March? Well, the CBO had an ObamaCare cost estimate, but it warned that the number did not reflect the inevitable discretionary spending that comes with implementing new laws. To provide a more precise figure that would account for such would require more time that the White House was not willing to sacrifice.

The end result: Over the next ten years, ObamaCare is now expected to cost about another $115 billion more than originally estimated, pushing the suffocating total to well over the $1 trillion mark.

[Patriot1259]

More lying lies from the lying liars in Washington D.C - SHOCK!

[WayneS]

CBO Says Obamare to cost more than projected

I'm shocked to learn this. Truly I am...

[jonrick46]

The problem telling the liberal Kool Aid drinkers is that this 115 billion increase will be over the next ten years. For them, 11.5 Billion more a year is a drop in the bucket compared to the annual $965 billion military budget.

[ExTxMarine]

“For them, 11.5 Billion more a year is a drop in the bucket compared to the annual $965 billion military budget.”

Sad, but true! I got a die-hard liberal that works at my company and we were having a discussion about the federal budget and how much is wasted on the UN, foreign funding, etc... and every time I mentioned these are wasted dollars, he would say, we spend more on defense than ....!

Told him, the last time I read the constitution, the defense of America was one of the few items that were SUPPOSED to be addressed - I asked him to show me where these other expenses were listed!