Obamacare to cost $1.76 trillion over 10 yrs

Discussion in 'Politics' started by get_involved, Mar 17, 2012.

  1. get_involved
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    get_involved Gold Member

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    "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."

    CBO: Obamacare to cost $1.76 trillion over 10 yrs | Campaign 2012 | Washington Examiner
     
  2. MolochSolomon
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    MolochSolomon BANNED

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    Obama, Bush, Clinton, Romney, Newt, and Santorum are all friends. If you get caught up in the show, so be it. They're war criminals and gangsters pretending to be politicians.
     
  3. Flopper
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    Flopper Gold Member

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    Why not reference the actual CBO estimate. The Washington Examiner is not exactly an unbiased source.
     
  4. OohPooPahDoo
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    OohPooPahDoo Gold Member

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    You know what's funny? I was at "new employee orientation" a few weeks ago. I live in a majority conservative state, thus I'm quite sure there were at least a few conservatives at this 30+ person orientation.

    When it was explained to us that all of the health care plans had no lifetime maximum - NO ONE COMPLAINED! Its interesting that in a conservative state no one would bitch about the results of Obamacare, isn't it?
    Funny how no one has complained that minors with pre-existing conditions cannot be denied health care insurance, either, isn't it?

    As always - the right hates socialism, except when it benefits them. That's how you wind up with signs that say "keep government out of my medicare!"
     
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    Last edited: Mar 17, 2012
  5. Quantum Windbag
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    Quantum Windbag Gold Member

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    Feel free to read the report and actually show me where they did not actually count the cost of Obamacare as being what I posted. Or, feel free to do what everyone else is doing and take snippets from the report in an attempt to argue that Obamacare is going to save money. Since the CBO is counting the entire cost of Obamacare, not just the direct costs of the PPACA, the $1.76 trillion is the number that is pertinent.
     
  6. Flopper
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    Flopper Gold Member

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    It would be foolish to argue that providing health insurance to millions of uninsured and guaranteeing the access to health insurance to all will be done without increased federal spending. However, it would be equally foolish to argue that there is no financial benefit to the nation.
     
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  7. RightWingFerret
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    RightWingFerret BANNED

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    The Dem's are a failure at doing math. They probably hired the Cookie Monster to do the cacluations for Obama-Care.
     
  8. Quantum Windbag
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    Quantum Windbag Gold Member

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    Yet that is exactly what Obama, and all the supporters of the PPACA argued, so we have already established that Obama is foolish, we are clearly making progress.
     
  9. Liability
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    Liability Locked Account. Supporting Member

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    Averaged out, that's "only" $.176 trillion per year.
     
  10. RightWingFerret
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    RightWingFerret BANNED

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    do Obama Kool-Aid robots know how much a trillion is? and do the babies know that there are less than 300,000 millionaires in the USA? the dodo's always assume that all the millionaires just have a few trillion amongst them to just hand to the Democrats.
     

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