Skip to comments.
Health overhaul law potentially costs $115B more (Obama and Rats continue the parade of lies)
ap ^
| 5/11/2010
| AP
Posted on 05/11/2010 2:03:20 PM PDT by 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.
(Excerpt) Read more at google.com ...
TOPICS: Breaking News; News/Current Events
KEYWORDS: democrats; economy; healthcare; obama; obamacare
1
posted on
05/11/2010 2:03:20 PM PDT
by
tobyhill
To: tobyhill
One trillion is a LIMIT??? Sorry, that was a goal and everything is rigged to reflect it.
Kinda like global warming....
2
posted on
05/11/2010 2:07:00 PM PDT
by
Sacajaweau
(What)
To: Sacajaweau
That’s just the down payment.
3
posted on
05/11/2010 2:08:17 PM PDT
by
Jim Robinson
(JUST VOTE THEM OUT! teapartyexpress.org)
To: tobyhill
Oh really AP? Who knew? [major sarcasm]
4
posted on
05/11/2010 2:09:11 PM PDT
by
ColdOne
To: Sacajaweau
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.
5
posted on
05/11/2010 2:10:31 PM PDT
by
benewton
(Life sucks, then you die)
To: tobyhill
Meanwhile... gold closes above $1200...
6
posted on
05/11/2010 2:13:12 PM PDT
by
April Lexington
(Study the constitution so you know what they are taking away!)
To: tobyhill
"least $115 billion"
Drop in the bucket.
They, no - everyone, knew this going in.
7
posted on
05/11/2010 2:13:21 PM PDT
by
AGreatPer
(Impeach Obama)
To: tobyhill
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....
8
posted on
05/11/2010 2:23:23 PM PDT
by
Enchante
(Dean Elena Kagan barred military recruiters from Harvard Law campus while Americans dies at war!!!!)
To: tobyhill
Going to be a lot more than that before it’s all said and done.
9
posted on
05/11/2010 2:23:34 PM PDT
by
vpintheak
(Love of God, Family and Country has made me an extremist.)
To: tobyhill
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.
To: Enchante
I’m glad I have a really good large animal veterinarian.
To: tobyhill
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.
12
posted on
05/11/2010 2:52:45 PM PDT
by
kcvl
To: tobyhill
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
13
posted on
05/11/2010 3:01:15 PM PDT
by
VRWCTexan
(uestion)
To: tobyhill
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.
14
posted on
05/11/2010 3:10:00 PM PDT
by
PghBaldy
(Like the Ft Hood Killer, James Earl Ray was just stressed when he killed MLK Jr.)
To: tobyhill
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.
15
posted on
05/11/2010 3:25:07 PM PDT
by
hondact200
( Lincoln Freed the Enslaved. Obama Enslaves the Free. Obama is Americas Greatest Threat)
To: tobyhill
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
16
posted on
05/11/2010 3:36:43 PM PDT
by
manc
(WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
To: 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. 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.
17
posted on
05/11/2010 3:59:06 PM PDT
by
EGPWS
(Trust in God, question everyone else)
To: tobyhill
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%.
18
posted on
05/11/2010 4:02:37 PM PDT
by
BluH2o
To: tobyhill
Just add three more zeroes and that should be about right.
19
posted on
05/11/2010 4:53:47 PM PDT
by
Soothesayer
(The heart of the wise inclines to the right, but the heart of the fool to the left Ecclesiastes10:2)
To: tobyhill
20
posted on
05/11/2010 5:13:41 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson