Fudging ObamaCare Costs

Washington Times ^ | May 17, 2010 | Editorial staff

[raptor22]

Greece is the word when it comes to upside-down economies, but America is hardly giving the world a better fiscal example. U.S. government debt continues to spiral out of control, thanks in large part to Obamacare.

Long after the votes to approve the government takeover of health care, bureaucratic number-crunchers are finally doing the math to figure out how much it will cost. The Centers for Medicare and Medicaid Services concluded in April that Democrats double-counted projected Medicare spending cuts as savings and for helping ease existing financial strains on the Medicare system. It can't do both. Correcting this accounting gimmick adds $89 billion to government medical costs over the next decade.

[Libloather]

Long after the votes to approve the government takeover of health care, bureaucratic number-crunchers are finally doing the math to figure out how much it will cost.

Shouldn't they have done this FIRST? Just axing...

[ballplayer]

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH!!!!!!!!!!!!!!!!!!