The non-partisan Congressional Budget Office estimates that Obamacare will cost taxpayers $1.76 trillion, double the $900 billion price tag advanced by the president, and could lead businesses to cut off coverage to 20 million Americans, according to a report released Wednesday.Of course, when shepherding its passage, Obama promised America that Obamacare would cost no more than a trillion dollars. He also swore that those who liked their current plan could keep it. To be fair though, those of us who were paying close enough attention knew those were lies even when he spoke them.
Sunday, March 18, 2012
Obamacare will cost $1.76 trillion and Could Cause Up to 20 Million to Lose Their Current Plan
So says the latest CBO report: