ObamaCare Cost Much higher than Promised

Last month, I wrote about the almost inex­plic­a­ble belief of the left in Big Gov­ern­ment Plan­ning: The Blind Faith of Demo­c­ra­t­ics | Blind Faith in Big Gov­ern­ment Oba­maCare.

The biggest prob­lem with health care today is the cost, ever ris­ing, seem­ingly ever spi­ral­ing out of the con­trol, much, Much, MUCH faster than infla­tion — and infla­tion lev­els are likely to rise in the near future.

A cen­tral of pil­lar of gov­ern­ment plan­ning of heath care has been cost con­trol. That was the plan, the promise, we were told …

Sur­prise! Cost over a decade much higher than tar­get Pres­i­dent Obama has set

WASHINGTON — Health care leg­is­la­tion tak­ing shape in the House car­ries a price tag of at least $1 tril­lion over a decade, sig­nif­i­cantly higher than the tar­get Pres­i­dent Barack Obama has set, con­gres­sional offi­cials said Fri­day as they strug­gled to fin­ish work on the mea­sure for a vote early next month.

Democ­rats have touted an unre­leased Con­gres­sional Bud­get Office esti­mate of $871 bil­lion in recent days, a total that numer­ous offi­cials acknowl­edge under­states the bill’s true cost by $150 bil­lion or more. That fig­ure excludes sev­eral items designed to improve ben­e­fits for Medicare and Med­ic­aid recip­i­ents and providers, as well as pub­lic health pro­grams and more, they added.

The offi­cials who dis­closed the details did so on con­di­tion of anonymity, say­ing they were not autho­rized to dis­cuss them pub­licly (House health care bill over $1 tril­lion for decade).

Obama is on record for say­ing he would not sign a bill that raised deficits. Let’s see what happens.

Tagged as: deficits, health care re, Liberal Health Care Reform