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Old 03-18-2010, 08:38 PM
 
Location: Chicagoland
41,325 posts, read 44,944,793 times
Reputation: 7118

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CBO: Obamacare Would Cost Over $2 Trillion | The Weekly Standard

Quote:
To see the bill’s true first-decade costs, we need to start the clock when the costs would actually start in any meaningful way: in 2014. The CBO says that Obamacare would cost $2.0 trillion in the bill’s real first decade (from 2014 to 2023) — and much more in the decades to come.

Based on earlier incarnations of the proposed overhaul, the total costs would be about a third higher (the exact number can’t be gleaned from the CBO’s analysis, which is only preliminary and is not a full scoring) — making the total price-tag between $2.5 and $3 trillion over the bill’s real first decade.

And, as the CBO reports in its latest scoring, as of 2019 there would still be 23 million people in America lacking health insurance.
Now, we all know that the democrats have filled the bill with accounting tricks and gimmicks, have told the CBO what to include as cuts and savings, even though they have no intention of following through with those cuts (like the doc fix). If you take tens years, starting in 2014, you will see the true cost is multiple trillions of dollars.

Why, after spending all this money that we don't have on another government entitlement program do we still have 23 million uninsured?
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Old 03-18-2010, 08:41 PM
 
1,842 posts, read 1,708,271 times
Reputation: 169
Quote:
Originally Posted by sanrene View Post
CBO: Obamacare Would Cost Over $2 Trillion | The Weekly Standard



Now, we all know that the democrats have filled the bill with accounting tricks and gimmicks, have told the CBO what to include as cuts and savings, even though they have no intention of following through with those cuts (like the doc fix). If you take tens years, starting in 2014, you will see the true cost is multiple trillions of dollars.

Why, after spending all this money that we don't have on another government entitlement program do we still have 23 million uninsured?
Yip.
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Old 03-18-2010, 09:17 PM
 
29,981 posts, read 42,934,013 times
Reputation: 12828
Default the devil is in the details

More chicanery:

"the CBO would normally count 2011 as the first year of its analysis, just as it counted 2010 as the first year when analyzing the initial House health bill in the middle of 2009. But under strict instructions from Democratic leaders, and over strong objections from Republicans, the CBO dutifully scored 2010 as the first year of the latest version of Obamacare. If the clock were started in 2011, the first full year that the bill could possibly be in effect, the CBO says that the bill’s ten-year costs would be $1.2 trillion."


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Old 03-18-2010, 09:36 PM
 
Location: the very edge of the continent
89,018 posts, read 44,824,472 times
Reputation: 13710
We are so screwed if it passes...
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Old 01-27-2015, 12:08 PM
 
Location: The Republic of Texas
78,863 posts, read 46,624,265 times
Reputation: 18521
Quote:
Originally Posted by sanrene View Post
CBO: Obamacare Would Cost Over $2 Trillion | The Weekly Standard



Now, we all know that the democrats have filled the bill with accounting tricks and gimmicks, have told the CBO what to include as cuts and savings, even though they have no intention of following through with those cuts (like the doc fix). If you take tens years, starting in 2014, you will see the true cost is multiple trillions of dollars.

Why, after spending all this money that we don't have on another government entitlement program do we still have 23 million uninsured?

So it was true, after all.


Grubered.
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