Obamacare Keeps Growing

The CBO tells us that Obamacare will be even more costly than first advertised.  Imagine that:

Congressional Budget Office estimates released Tuesday predict the health care overhaul will likely cost about $115 billion more in discretionary spending over ten years than the original cost projections.

The additional spending — if approved over the years by Congress — would bring the total estimated cost of the overhaul to over $1 trillion.

Republicans pounced on the news, which they called another sign that the Obama administration makes promises it cannot deliver.

Do you remember how Harry Reid and others celebrated when the first analysis of the bill came in around $800 billion? "Hallelujah!", cried Harry. "It won't cost a trillion!"

Guess again. Most of us knew those numbers at the beginning were completely bogus, mainly because the CBO was never given the appropriate time to analyze the final bills. The early numbers were based on outlines and drafts, not final legislative language.

That report today is almost as good as giving $115 billion to the GOP campaign fund.