Posted by: Ann Corcoran | March 14, 2012

New CBO Report nearly doubles Obama’s/Dem’s projections for cost of Obamacare

…..and if Romney is elected, nationalized health care will never go away.

Surely it is no surprise to most of us that the cost of Obamacare is now projected by the Congressional Budget Office to be $1.76 TRILLION rather than the $900 billion Obama and Pelosi promised.    Here is the latest from Philip Klein writing at the Washington Examiner:

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.

Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law’s core provisions to expand health insurance coverage has now ballooned to $1.76 trillion.

In my opinion, a vote for Romney is a vote for nationalized health care (maybe a modified version), but nationalized health care nonetheless.   I don’t see anyway that that won’t happen (Romney has never admitted he made an error in Massachusetts).

Obamacare is a core motivating issue for the Tea Party and I think that is what we are seeing in the primary results so far where Romney can hardly break out of the 30-40 percent category when he does “win.”  Of course last night he lost badly in Alabama and Mississippi.   In almost every case when you add up the anti-Romney votes of Gingrich/Santorum/Paul they far surpass those who want Romney as our next President.

Oh, yes, Romney says he will sign a repeal of Obamacare, that’s easy to say, because with the squishes in the House and Senate leadership, such a repeal bill may never reach his desk because our present “leaders” won’t have the fortitude to take any initiative on their own.  Boehner and McConnell will be waiting for a signal from the White House, a signal I believe they won’t get if Romney is President.    But, that is another problem for another day.

Don’t forget anti-Obamacare Tea Party rallies in Washington later this month!

As the US Supreme Court begins hearing arguments in the Obamacare “individual mandate” requirement, there are two anti-Obamacare rallies that I know of.  One is on March 24th (Saturday)—Tea Party Patriots “Road to Repeal” rally, here.

And, then Americans for Prosperity is holding a rally (Hands off my Health Care) on Tuesday, March 27th.  Marylanders (and others from East Coast states) wishing to get a seat on a bus can visit AFP Maryland, here, to sign up.


Responses

  1. While I don’t always agree with the Potomac Tea Party, this time you are right (sort of). The healthcare law passed by Obama (I don’t like to call it Obamacare) must be reeled back in some manner if not completely. The law was crafted by heslthcare companies and those same companies are still oppressing the people… A new plan for healthcare (not from the private side) would be good. I know you may cringe when I say this but the U.S. needs Canadian-style healthcare. I also hope that the individual mandate is declared unconstitutional


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