That big healthcare reform, a.k.a government takeover of healthcare so they can control another 1/6th of the economy thing, Nancy Pelosi told us we absolutely had to get passed, to figure out what would be in it, and would singlehandedly save our economy, by saving us tons of money, all based on what is absolutely the worst scoring requirements put together to make the ugliest pig look like the tastiest slab of bacon, isn’t going to save that measly $125 million or so they promised, even in that rigged scorning, but going to cost us twice as much, now!

President Obama’s national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law.

Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO’s standard ten-year budget window and, at least on paper, meet Obama’s pledge that the legislation would cost “around $900 billion over 10 years.” When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation.

Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law’s core provisions to expand health insurance coverage has now ballooned to $1.76 trillion. That’s because we now have estimates for Obamacare’s first nine years of full implementation, rather than the mere six when it was signed into law. Only next year will we get a true ten-year cost estimate, if the law isn’t overturned by the Supreme Court or repealed by then. Given that in 2022, the last year available, the gross cost of the coverage expansions are $265 billion, we’re likely looking at about $2 trillion over the first decade, or more than double what Obama advertised.

No fucking way! What the hell changed, huh? The assholes at the CBO finally decided that they HAD to come clean on the fact that they produced obviously bullshit numbers the first time around and now are trying to cover their ass? Look on the bright side: at least we didn’t have to wait until this thing was up & running for the cost to double! Maybe they too had to wait until Pelosi got her wish to find out what was in that boondoggle so they could do some real and honest calculations. Maybe the democrats need to let them know they plan to really control costs by controlling access and making people wait for ever, like all other such government owned systems do? Heh!

So, the CBO decided to come clean and point out they had under estimated the cost of this unconstitutional pile of shit by 100%. Want to bet that the new projected cost for the first decade, that $1.76 trillion dollars, ends up being a fraction of the real cost as well? Don’t worry, they will blame the insurance companies, the private sector, and GWB for the fact that they want to thwart reality, but it refuses to budge. Let’s be honest and point out that Obama’s healthcare takeover plan is that last nail in the coffin and meant to break our economy in a decade, and get rid of it please!

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  1. Hal_10000

    In fairness to the CBO, their report on Obamacare warned about this up and down. But they were statutorily limited to a 10-year window.

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  2. Nexus

    Want to bet that the new projected cost for the first decade, that $1.76 trillion dollars, ends up being a fraction of the real cost as well?
    No bet here. I would be very shocked if it only costs $1.76 trillion.

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  3. Mississippi Yankee

    Although this information has been released to the masses a vast majority of the voting public will have completely forgotten it by November.

    There will be hundreds of “Oh look something shinny” moments to distract the average voter between now and then. Sadly the ‘stupid party’ will let this one slip away… again.

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