November 03, 2009

Sticker Shock: Cost of Government-Rationed Health Care Jumps to $1,200,000,000,000

The cost of the government-rationed of health care has exploded 33%, even before coming to a vote:

The health care bill headed for a vote in the House this week costs $1.2 trillion or more over a decade, according to numerous Democratic officials and figures contained in an analysis by congressional budget experts, far higher than the $900 billion cited by President Barack Obama as a price tag for his reform plan.

While the Congressional Budget Office has put the cost of expanding coverage in the legislation at roughly $1 trillion, Democrats added billions more on higher spending for public health, a reinsurance program to hold down retiree health costs, payments for preventive services and more.

Keep in mind these are the purposefully low-balled estimates. Invariably government-mangled programs end up costing ten to twenty times as much as proposed once implemented.

The cost of government-rationed health care has ballooned from $900,000,000,000 to $1,200,000,000,000—over $300 billion—in less than a week, without ever leaving paper... just imagine how bad it will get if it ever becomes law.

Posted by Confederate Yankee at November 3, 2009 09:56 AM

You ain't seen anything yet.

Posted by: David at November 3, 2009 11:14 AM

That's just the FIRST jump. Before amendments and before serious analysis of the transparent and completely bogus revenue assumtpions. $2 trillion as it stands, minimum.

Posted by: Tully at November 3, 2009 11:34 AM

That's awful! Spending money to help sick people!?! Wow, that's just like Hitler, Obama should be spending that money on invading oil rich Muslim countries.

Posted by: salvage at November 3, 2009 05:23 PM
That's awful! Spending money to help sick people!?!

The amusing part, little troll, is that all this money will do nothing to help sick people but will make sick people even sicker. Obamacare isn't to make people healthier; it's goal is to create another Democrat constituency while providing a rich opportunity for graft and cronyism.

But you already knew that. And approve of it.

Posted by: iconoclast at November 3, 2009 08:26 PM

Stop shooting off your mouth salvage, at least i respect dude's opinions, even if i disagree, and even lipiwitz sounds more intelligent than your ramblings, and that's saying something

Posted by: MAModerate at November 3, 2009 10:04 PM