Exposed! ObamaCARE hides at least $500 billion over 10 years

drobamasteinBut remember, ObamaCARE is not going to increase the deficit. Yea, that’s the Obama/Far left Progressive liberal Democrats that nobody believes. Well, here’s even more proof that ObamaCARE’s costs were underscored by the CBO. Not because CBO is biased towards Obama, but because of the numbers they were given by this corrupt regime. According to Daily Caller, federal payments required ObamaCARE are being understated by as much as $50 billion per year because official budget forecasts ignore the cost of insuring many employees’ spouses and children, according to a new analysis. If ObamaCARE isn’t repealed of struck down in the Superior Court, this will end up costing the country at least another $500 billion to implement this government takeover of health care over the next decade.

“The Congressional Budget Office has never done a cost-estimate of this [because] they were expressly told to do their modeling on single [person] coverage,” said Richard Burkhauser in a telephone interview Monday. Burkhauser is an economist who teaches in Cornell University’s department of policy analysis and management. On Monday the National Bureau of Economic Research published a working paper on the subject that Burkhauser co-authored with colleagues from Cornell and Indiana University.

No TweetBacks yet. (Be the first to Tweet this post)

August 8, 2011 · Filed Under ObamaCARE


Comments

  • Uneverknow

    Funny, sounds like the endless wars in the Middle East. And $20 billion is a bar tab compared to the Leviathan of our defense network around the world. At least with healthcare expeditures, we’re working to keep people healthy as opposed to the senseless, unwinnable quagmires of Iraq, Afghanistan & to an extent, Libya. And those are OFF-BUDGET appropriations. I wonder how much of THAT money is being hidden and by whom.