Congressional Democrats are using several budget gimmicks to disguise the cost of their health care overhaul, claiming the House and Senate bills would cost only (!) about $1 trillion over 10 years. Now that critics have begun to correct for those budget gimmicks, supporters of ObamaCare are firing back.
...
When we correct for [those] gimmicks, counting both on- and off-budget costs over the first 10 years of implementation, the total cost of ObamaCare reaches — I’m so sorry about this — $6.25 trillion. That’s not a precise estimate. It’s just far closer to the truth than President Obama and congressional Democrats want the debate to be.
Saturday, November 28, 2009
ObamaCare’s Cost Could Top $6 Trillion: Cato Institute
Oh my. This is pretty terrifying. And...we start paying for it now, and don't see anything for until after the next presidential inauguration. Well planned.
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