Home  |  Text Only  |  RSS Feed
U.S. Senator Jim DeMint
Jim's Journal
  Previous Next
WSJ: 'ObamaCare's Real Price Tag'
Cost Multiplies After 10 Years
08/06/2009 - 03:18:33 PM
From the Wall Street Journal:
As ObamaCare sinks in the polls, Democrats are complaining that the critics are distorting their proposals. But the truth is that the closer one inspects the actual details, the worse it all looks. Today’s example is the vast debt canyon that would open just beyond the 10-year window under which the bill is officially “scored” for cost purposes.

WSJ: ObamaCare Cost Chart

The press corps has noticed the Congressional Budget Office’s estimate that the House health bill increases the deficit by $239 billion over the next decade. But government-run health care won’t turn into a pumpkin after a decade. The underreported news is the new spending that will continue to increase well beyond the 10-year period that CBO examines, and that this blowout will overwhelm even the House Democrats’ huge tax increases, Medicare spending cuts and other “pay fors.”
Click here to continue reading the article.
Leave a Comment Here Permalink Print This Email This
Jim's Blog RSS
Featured Posts
08/06 WSJ: 'ObamaCare's Real Price Tag'
Cost Multiplies After 10 Years
08/06 DeMint Explains Opposition to Sotomayor
08/05 FOX: DeMint Discusses Health Care on 'O'Reilly'
07/30 WSJ: 'Fannie Med' Co-ops Are Senate Version of Government Health Care Takeover
07/28 FLASHBACK: Reid Says 'Fed Co-Ops' = Public Health Care Option
Issues
Border Security
Economic Growth
Education
Family Values
Health Care
National Security
Retirement Security
Transportation & Technology
Veterans
Wasteful Spending
Blog Roll
* Region 1 Blog - Ashley Holbrook
* Region 2 Blog - Ian Headley
* Region 3 Blog - Susan Aiken
* Region 4 Blog - Mark Cothran
* Region 5 Blog - Kelly Long
* Region 6 Blog - Tim Lollis
-
CATO @ Liberty
Green Eyeshade
House RSC
OMB Earmark Database
Porkbusters
The Foundry