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Obamacare Now Estimated to Cost $2.6 Trillion in First Decade
Weekly Standard ^ | 7/11/12 | Weekly Standard

Posted on 07/11/2012 9:54:57 AM PDT by Nachum

The Republican side of the Senate Budget Committee will later today release the following chart, detailing the rising projected cost of President Obama's signature legislation, Obamacare: The latest estimate, as the chart details, is that Obamacare will cost $2.6 trillion dollars in its first real decade. The bill does not fully go into effect until 2014, therefore the estimate begins with that year. "President Obama promised a joint session of Congress in 2009 to spend $900 billion over ten years on his health care law: 'Now, add it all up, and the plan that I’m proposing will

(Excerpt) Read more at weeklystandard.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: 2012; bhofascism; corruption; cost; decade; democrats; fraud; obamacare; obamacarecosts; obamacaretaxes; obamalies; obamatax; obamatruthfile; taxes; trillion

1 posted on 07/11/2012 9:55:06 AM PDT by Nachum
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To: Nachum
Our entire lives will now revolve around government "health care."
2 posted on 07/11/2012 9:57:13 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


3 posted on 07/11/2012 9:57:27 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

So much for the “non-partisan” CBO’s outrageous lie before ObamaTax was passed that the cost would be $900 Billion. That rotten agency ought to be fired for never getting their estimates even close to what programs actually wind up costing. They don’t deserve their inflated salaries.


4 posted on 07/11/2012 10:02:16 AM PDT by txrefugee
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To: Nachum

B..B..But, thats MORE than they said!!!!

Thats so...unexpected.


5 posted on 07/11/2012 10:04:26 AM PDT by Adder (Da bro has GOT to go!)
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To: Adder

Democrats had the CBO score Garbage in Garbage out numbers


6 posted on 07/11/2012 10:11:30 AM PDT by scooby321 (h tones)
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To: Nachum

This is what critics pointed out before the bill was passed: it was a $2.6T plan stuffed into a $1T wrapper. Everyone who was honest knew that the fully loaded cost—accounting for 10 years of spending rather than just 6—was much higher than the president mendaciously advertised. Paul Ryan brought this to Obama’s attention before the bill was passed http://www.youtube.com/watch?v=OZ63lteml28 but his pleas were completely ignored.


7 posted on 07/11/2012 10:16:22 AM PDT by DrC
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To: scooby321

I bet a Lib the other day that withing 10 years it would cost over a trillion a year. Look up and see what the initial estimates for SSI. medicare, the prescription drug plans, etc were when they were started. Might be lucky if it doesn’t cost 2-3 trillion a year within 15-20 years, cause .gov always expands and advertises for freebies.


8 posted on 07/11/2012 10:17:18 AM PDT by nobamanomore
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To: Nachum

Fox Business

Says that the vote in the House today could have very important implications for funding the federal health care exchanges (those that the states don’t want to implement) The House can refuse to FUND the federal exchanges !

Judge Napolitano on “Repeal ObamaCare Act”

http://www.youtube.com/watch?v=d7Cbyj0UQJU&feature=plcp

Fox and Friends
Judge Napolitano Explains What Will Happen If You Refuse to Pay for

http://www.youtube.com/watch?v=Oq3zHDMSom0&feature=plcp


9 posted on 07/11/2012 10:22:31 AM PDT by Whenifhow
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To: Nachum

Reality will be more like “...in the first two years.” Further reality makes all estimates silly because of the hyperinflation that is coming.


10 posted on 07/11/2012 10:26:19 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson)
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To: Nachum

Aw come on this isn’t a problem. Barry says we just have provide ‘fairness’ in taxing. The rich have to pay their fair share - you know, those fatcats making more than $50K/year. Or was it $35K?


11 posted on 07/11/2012 10:28:05 AM PDT by Made In The USA (Can we cut the BS and just say it like it is?)
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To: Nachum

Go to Canada and buy just about anything.
You will pay roughly 15% above sticker price in sales taxes to fund their healthcare system.

THAT is the sort of tax burden you are going to have to carry if you want national health care.


12 posted on 07/11/2012 10:42:16 AM PDT by Buckeye McFrog
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To: Nachum

Bookmark for later.


13 posted on 07/11/2012 10:46:32 AM PDT by ConjunctionJunction
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To: Buckeye McFrog

2.6 Trillion in comparison to 900 billion?

That’s an awful lot of lear jets that will have to be taxed.


14 posted on 07/11/2012 10:46:51 AM PDT by EQAndyBuzz (ABO 2012)
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To: E. Pluribus Unum

Right!

And the price of obamacare does not include the priceless cost of human life and dignity that will be spent in elitist controlled, dictated health care. ‘Progressives’, aka regressives, have appointed themselves the power over life and death and they are we know they are pro death.

The cost of putting these freaks of nature in charge of our bodies can not be caculated. There is not enough money in the world to buy even one government mandated murder through the denial or incompetence of non-care. They have put the equivalent of public school teachers and administrators in charge of health care.


15 posted on 07/11/2012 10:55:15 AM PDT by SaraJohnson
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To: scooby321

Everyone knew it was a sham...it was part of the bribery to buy a vote or several.

No hue and cry over the out and out criminal corruption by that ever watchful press corpse, either....and the reputation of the cbo is just gone...hope they were paid well for their complicity in the lies that were told.


16 posted on 07/11/2012 11:03:24 AM PDT by Adder (Da bro has GOT to go!)
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To: Nachum
BEFORE 0bamacare was passed, Pelosi had a CBO report that showed the REAL numbers but she withheld it from Congress so she could get 0bamacare passed. Pelosi also altered 0bama's certification of his eligibility for office by removing the 'in accordance with the U.S. Constitution' portion of the first paragraph.

When is this broad going to be brought up from IMPEACHMENT, PERJURY, FRAUD, OBSTRUCTION, ETC..??

17 posted on 07/11/2012 11:41:45 AM PDT by GeorgeWashingtonsGhost
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To: Buckeye McFrog
Go to Canada and buy just about anything.
You will pay roughly 15% above sticker price in sales taxes to fund their healthcare system.

A national VAT...a Democrat's wet dream.

18 posted on 07/11/2012 11:48:50 AM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: Nachum

But it’s $2.6 billion in government money. It’s not like it’s coming out of your pocket...


19 posted on 07/11/2012 12:01:08 PM PDT by bgill
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To: E. Pluribus Unum
obamey will see to it that everyone is scrutinized for appropriate care....that means most of us will be denied life saving medical treatment while our ratinfested brethren will receive top care...

yes...for sure....lets keep this guy in office..../sarcasm/

20 posted on 07/11/2012 12:06:10 PM PDT by cherry (Catholics for Romney)
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To: Nachum

X3 or maybe even x5 whatever they perdict it will cost.


21 posted on 07/11/2012 2:03:42 PM PDT by Leep (Enemy of the StatistI)
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To: Nachum

Pay your taxes.

Your government is broke. :)


22 posted on 07/11/2012 2:07:38 PM PDT by Tzimisce (THIS SUCKS)
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