Posted under Obama
Oopsies! Looks like we’ve been fooled again – this time, by the new boss:
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.”
We’ve seen how Obama has been continuing the Bush regime’s policies of perpetual war and undermining the Bill of Rights. So it appears Obama is also continuing W’s policy of lying to the American people about the cost of war and socialized medicine.
Look for a Southern Poverty Law Center exposé about the Congressional Budget Office being staffed by kluxers. (They’re everywhere, you know.)