Health overhaul law potentially costs $115B more (Obama and Rats continue the parade of lies)

ap ^ | 5/11/2010 | AP

[tobyhill]

President Barack Obama's new health care law could potentially add at least $115 billion more to government health care spending over the next 10 years, congressional budget referees said Tuesday.

If Congress approves all the additional spending called for in the legislation, it would push the ten-year cost of the overhaul above $1 trillion — an unofficial limit the Obama administration set early on.

[Sacajaweau]

One trillion is a LIMIT??? Sorry, that was a goal and everything is rigged to reflect it.

Kinda like global warming....

[Jim Robinson]

That’s just the down payment.

[ColdOne]

Oh really AP? Who knew? [major sarcasm]

[benewton]

And that’s just for the required insurance.

When it comes time actually to access medical care, cost’ll be a lot higher, if you can obtain access at all.

[April Lexington]

Meanwhile... gold closes above $1200...

[AGreatPer]

"least $115 billion"

Drop in the bucket.

They, no - everyone, knew this going in.

[Enchante]

I’m sure we are not seeing anything like the *real* numbers yet, but as the Obamanation destroys what’s left of the economy and as private and corporate health care plans are bankrupted and/or abandoned, the cries will arise to “do something” about the worsening mess -— which of course the Obamanation hopes will mean single payer socialized medicine. That’s the goal all along here....

[vpintheak]

Going to be a lot more than that before it’s all said and done.

[Art in Idaho]

This is a simple choice. Repeal this Bill or half of the Doctors in America are going to quit. End of story. Welcome to Cuba.

[ridesthemiles]

I’m glad I have a really good large animal veterinarian.

[kcvl]

The Congressional Budget Office expects the federal agencies to spend $10 billion to $20 billion over 10 years on administrative costs to implement the overhaul. The CBO expects Congress to spend an additional $105 billion over 10 years to fund discretionary programs in the overhaul.

The CBO released the estimates in response to a request from California Rep. Jerry Lewis, ranking Republican on the House Appropriations Committee. A spokeswoman for Lewis said the inquiry was filed before the House voted on the bill.

[VRWCTexan]

Obama and the dems are now spending at the rate of $10 billion per day - so an ADDITONAL $115 Billion is JUST 11.5 days worth of expense - spread out over a 10 year period...

Frankly it's hard to believe that anyone in the govt is so accurate and precise to actually calculate this MINOR of a deviation...

/Sarc OFF

[PghBaldy]

I seriously doubt they counted the additional costs when employers drop everyone soon. The “govt” (the taxpayer) is going to have a heck of a tab.

[hondact200]

Gee that is nothing for Obozo, he has to spend about 1 trillion a month. A billion here and billion here that will not add up to much after all. Come now it is the Haaarvard way = spend billions and trillions - what comes next quadrillion after that who cares there are not enough zeroes after that anyway. by the time it hits quadrillion, everyone will be living in the One World Order - all debts are forgiven, you must have a number stamoped on your forehead to get food. If you do not you will starve to death.

[manc]

what the AP has just figured this out, having lived under Govt health care then I could have told them this as soon as obama wanted to take over health care

[EGPWS]

President Barack Obama's new health care law could potentially add at least $115 billion more to government health care spending over the next 10 years, congressional budget referees said Tuesday.

And eventually cost us our vehicles, homes, retirement, jobs, and of course health.

Lest I forget the kicker....FREEDOM!

Thank you Mr. "Bush's Fault" Obama.

[BluH2o]

The Obamanites gave the CBO phoney data so the could come up with the $980 billion ... thus keeping it under $1 trillion. Obamacare would not have passed at $1 trillion plus. Same thing goes with the 9.9% unemployment rate another bogus number ... can’t exceed 10%.

[Soothesayer]

Just add three more zeroes and that should be about right.

[Oldeconomybuyer]

Unexpected. /s