August 8, 2009

ObamaCare to Cost At Least $2 Trillion

Via Hot Air.

A company called Health Systems Innovations has done their own estimates of the cost of ObamaCare, and their numbers show that the CBO estimates of a $1 trillion price tag on ObamaCare are probably inaccurate. To the tune of more than $1 trillion.

They say that the CBO models are based on outdated information from 2000-2001 while theirs is based on more current information from 2006. So why is the CBO using data that's almost a decade old? Because they haven't paid to get the new data.

So, according to the logic of Barack Obama and the Democratic Party, we can afford to spend trillions of dollars on health care, but we can't spend anything at all on getting accurate information. But we should trust them with our health care because they have their priorities straight. Right?


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