January 27, 2015

CBO: Obamacare will cost taxpayers $50,000 for every person who signs up ??

The Congressional Budget Office is a supposedly non-partisan agency charged with "scoring" how much a propose government program will cost.  It just released a ten-year forecast of the economic outlook for the U.S.  Buried in that report is this nugget:





They estimate Obamacare will cost taxpayers $50,000 for every person who signs up.

They further estimate the total cost of Obamacare over the next decade at almost $2 Trillion.  A portion of this will be offset by $600 Billion in new taxes and fees imposed by the ghastly law.  And guess who pays those fees?  Us.

But wait...I have this vivid image of the emperor promising he wouldn't raise taxes on middle-class folks by even a dime.  And it was gonna "bend the cost curve" or some such bullshit.  Were those statements just lies?

BTW, the newspaper that bothered to do the hard work of actually reading the CBO's report was not a U.S. paper, but Britain's Daily Mail.  Glad to see overseas journalists still have a work ethic.

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