The CBO now says that health care reform would cost more — a lot more. Like $115 billion more over 10 years. And it’s barely three months since ObamaCare became law.
Didn’t the Democrats promise a deficit neutral solution and lowering costs? How is Congress going to offset the additional $115 billion cost projection? That is not pocket change.
It’ll take between $10-20 billion over the next 10 years just for administrative costs associated with implementing ObamaCare. And once implemented, there’s no guarantee that money will be saved. In fact, once that $20 billion is down the drain to set up the necessary administrative agencies to deal with health care, more billions are to be spent to cover the discretionary programs.
How is this even sustainable? Democrats obviously think money grow on trees.
Related articles by Zemanta
- Great news: CBO says ObamaCare will cost $115 billion more than thought (hotair.com)
- CBO: Health Bill Will Cost $115B More Than Expected (blogs.abcnews.com)
- Health Overhaul Could Cost $115B Extra (time.com)
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=8fd61231-f83c-4dbb-bf17-681f97fdf3b9)
