Brent Hunsaker - The cost of national health care balloons
Updated: 3/14/2012 8:27 pm | Published: 3/14/2012 8:15 pm
Already worried about runaway government spending? A national debt that's out of this solar system?
Then you'll love this. Remember that whole "health care for everyone" thing? Well, it's going to cost a whole lot more than advertised.
When the administration was selling the Affordable Care Act (AKA Obamacare) it promised it "will reduce our deficit, control health costs and make health care more affordable.” (Jeanne Lambrew, deputy director of the White House office of Health Reform.)
The administration also said it would cost $940-billion over 10 years.
A new report from the Congressional Budget Office says the real cost from 2013 - 2022 will be $1.76 trillion.
If you want to read the details, I have attached a copy of the CBO report.
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