CBO Says that Obamacare Will Cost $1.76 trillion over Next 10 Years … Wonder Why We the People Want it Repealed?


OBAMACARE … THE BIG LIE:  Obamacare Will Cost $1.76 trillion as opposed to the $940 billion … Hey America, how’s that “Hopey-Changey” stuff working out for ya?

Up, up and away … Obamacare will cost $1.76 trillion over the next decade. That is a far cry from the $940 billion that ‘We the People” were told when this government take over of healthcare law was shoved down our throats and against the will of the People.  Now we learn that the cost is nearly double from what Obama, Pelosi and Reid told us. Presently, 50% of Americans want to repeal Obamacare and 38% are in favor of it. Imagine how these numbers will change when Americans realized they were duped.

President Obama’s national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law.

Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO’s standard ten-year budget window and, at least on paper, meet Obama’s pledge that the legislation would cost “around $900 billion over 10 years.” When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation.

The full CBO report can be read here.

Remember when Nancy Pelosi told us that we needed to pass the bill in order to find out what was in it? Nice try, but as we are reminded by the Gateway Pundit, Obama and his minions knew the $940 billion was a lie. Weasel Zippers states that this is only 87% or $820 billion more than when the bill was passed. We will add, now imagine how much Obamacare will actually cost when implemented? Tack on another $500 – 750 billion. When all is said and done this is over a $2 trillion nightmare for America.  Many thinking people at the time Obamacare was being promised realized what Obama was promising was BS. So much for President Obama’s core principles to Obamacare. Reducing health care costs and the deficit … hardly. The Lonely Conservatives emphasizes the horrific fact that many Americans will lose their insurance coverage and be forced on to Medicaid.

And if that wasn’t bad enough, read the follow post regarding how many people are expected to lose insurance coverage through their employers and shifted into Medicaid. So much for Obama’s promise that if you like your health insurance you can keep it.

Hey Barack and your campaign lackeys, think Obamacare is not going to be a huge issue in the 2012 Presidential election? It will actually have coattails and affect House and Senate races. Obama’s signature piece of legislation will be the Democrats undoing. How many Democrats retired because of their Obamacare yea vote? Oh yea, and then there is the economy and the price of gas. See you in November.

If you liked this post, you may also like these:

  • Surprise, Surprise Surprise … CBO Raises Cost Projections for Obamacare $115 Billion Over Next Day Years
  • Remember the $700 Billion TARP (Troubled Asset Relief Program) … Its Now $3.7 Trillion
  • CBS News Poll: More Americans Than ever want Obamacare Repealed … Obama’s Answer, Spend $700 Million on “Affordable” Healthcare Marketing
  • Obamacare is Not Just a Lie, Its a Job Killer
  • An Obama Happy New Year … Fiscal Cliff or Not Americans Face $1 Trillion Obamacare Tax Hike Hitting on January 1, 2013

  • Comments

    4 Responses to “CBO Says that Obamacare Will Cost $1.76 trillion over Next 10 Years … Wonder Why We the People Want it Repealed?”

    1. A Texas Grandfather on March 14th, 2012 9:57 am

      The people have a congress that is commiting treason against the citizens and the constitution by passing legislation such as Obamacare.

      This was passed by the likes of Harry Reid and the Democrat controlled Senate along with Nancy Pelosi and the Democrat controlled House of Represenatives.

      Every one who voted for this legislation, needs to be removed from office by voting them out. Then, they all need to be brought up on charges.

    2. brie. on March 16th, 2012 8:24 am

      Our enemies, and we are supporting their high priced salaries. And allowing things that are illegal. This is a dirty administration.

    3. brie. on March 16th, 2012 10:16 am

      Obama runs history checks on all his cabinet people…what a joke…it should of been done on him and his family…illegal immigrant relatives…and his illegal documents…all hidden…he well knows he doesn’t belong in the White House, put there with the help of his thugs…

    4. katablog.com on March 16th, 2012 3:52 pm

      it’s inconceivable to me that THIS could have happened in the United States of America. Those SM’s that voted for Obama should really be ashamed for what they have allowed to happen.

    Leave a Reply

    Support Scared Monkeys! make a donation.

    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
    E-mail It