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  Topic: Obama health law will
cost $1.3T, CBO says
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Obama health law will
cost $1.3T, CBO says

The Hill [Washington, DC], by Elise Viebeck

Original Article

Posted By:KarenJ1, 2/5/2013 9:13:19 PM

The Congressional Budget Office (CBO) estimated Tuesday that President Obama´s signature healthcare law will cost about $1.3 trillion over the next 10 years. The figure represents a slight increase since August, when the nonpartisan budget office estimated that the law would cost about $1.17 trillion before 2022. Tuesday´s total incorporated 2023, and budget analysts wrote that last August´s estimate "remains essentially unchanged." The CBO has concluded that healthcare reform, in spite of its price tag, will ultimately reduce the deficit because of revenue-raisers within the bill.

Comments:
The jerks who did this to us should all be in jail for fraud. I thought this was supposed to save money? s/o It´s absolutely outrageous and has long past ceased to be funny. As ususal, you probably won´t hear a peep out of the Republicans.

      


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Reply 1 - Posted by: Keekng, 2/5/2013 9:21:04 PM     (No. 9160696)

Slight increase, 100+ billion. Hahahahahah

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Reply 2 - Posted by: colonialAmerican1623, 2/5/2013 10:26:01 PM     (No. 9160803)

It´s not too late to turn back. Admit you made a mistake because you didn´t calculate how much it would actually cost.

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Reply 3 - Posted by: bpl40, 2/5/2013 10:33:11 PM     (No. 9160814)

If this monstrosity does run its course, the $1.3 Trillion will look like peanuts. Who are they trying to kid?

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Reply 4 - Posted by: Topic Thunder, 2/5/2013 10:36:23 PM     (No. 9160818)

All of us will shortly be learning some new math and a new word to describe Obamacare and our national debt.

The new word is QUADRILLION.

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Reply 5 - Posted by: Trigger2, 2/6/2013 4:47:11 AM     (No. 9160997)

The CBO always underestimates costs. That $1.3T will magically rise to $12T down the road.

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Reply 6 - Posted by: Spidey, 2/6/2013 6:21:33 AM     (No. 9161042)

Once again they´re talking about what this will cost the government,not people. The cost estimates are low because they assume millions of people will fall in line paying exorbitant premiums to offset the costs. Just the opposite will happen,people will pay the fine instead and go uninsured,breaking hospitals and doctors because they won´t have enough insured patients.

You´re going to have millions of deadbeats accessing the system without so much as a co-pay,this is what´s going to break the bank.

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Reply 7 - Posted by: judy, 2/6/2013 6:41:36 AM     (No. 9161057)

I suggest the RNC continue to play the lines of the won saying health premiums will decrease $1200 yearly.

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