Analysis: Obamacare to cost $2.6 trillion over first full decade, page 1

from The Daily Caller
July 11, 2012

Analysis: Obamacare to cost $2.6 trillion over first full decade

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Now all of a sudden the ObamaCare "costs" have skyrocketed again.

This time it's up to $2.6 trillion by the year 2023 (according to a Senate Budget Committee analysis).

The end of the year 2023 will mark the 10 year period that the laws take full enforcement.

Sections of ObamaCare have been invoked since 2010.

The costs keep going up and up.

Where will all the money come from ?

I don't know if these budget costs are the costs to the Federal government only.

Higher costs could be taken on by States and individuals.

I bet the cost "estimates" two years from now could easily be $4 trillion by 2024 ?

And I wonder if they are considering all the ensuing fraud and corruption that is certain to be involved.

President Barack Obama promised his health-care law would cost approximately $900 billion over ten years when he first proposed it.

Since then, the price tag has continued to climb. Total spending under the Affordable Care Act will reach $2.6 trillion over its first full decade, according to a Senate Budget Committee analysis, which was based on Congressional Budget Office estimates and growth rates.

Obama himself "promised" a cost of "only" $900 billion for ten years


2nd article

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Originally posted by xuenchen
from The Daily Caller
July 11, 2012

Analysis: Obamacare to cost $2.6 trillion over first full decade

---

Now all of a sudden the ObamaCare "costs" have skyrocketed again.

This time it's up to $2.6 trillion by the year 2023 (according to a Senate Budget Committee analysis).

The end of the year 2023 will mark the 10 year period that the laws take full enforcement.

Sections of ObamaCare have been invoked since 2010.

The costs keep going up and up.

Where will all the money come from ?

I don't know if these budget costs are the costs to the Federal government only.

Higher costs could be taken on by States and individuals.

I bet the cost "estimates" two years from now could easily be $4 trillion by 2024 ?

And I wonder if they are considering all the ensuing fraud and corruption that is certain to be involved.

President Barack Obama promised his health-care law would cost approximately $900 billion over ten years when he first proposed it.

Since then, the price tag has continued to climb. Total spending under the Affordable Care Act will reach $2.6 trillion over its first full decade, according to a Senate Budget Committee analysis, which was based on Congressional Budget Office estimates and growth rates.

Obama himself "promised" a cost of "only" $900 billion for ten years


2nd article

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Don't worry. I'm 100% sure ObamaCare will be repealed by President Mitt Romney.

It costs too much and nobody wants to wait 3 months to see a doctor.

Originally posted by DaTroof
*yawn*

How much have we spent on the Iraq and Afghanistan wars?

Probably more than 260B a year.

No idea why anyone starred you, both wars have cost about 1.3 trillion total. That is how staggering this healthcare cost is. The wars cost about 130B a year, HALF what Obamacare will cost. From 2001 to 2021 the total cost of all wars will cost about 1.8T.

10 years of partial (the highest costing parts have yet to roll out) Obamacare will cost 50% more than 20 years of war. Awesome right!
www.fas.org...
costofwar.com...

Originally posted by xuenchen



Obama himself "promised" a cost of "only" $900 billion for ten years


2nd article

the 2nd article i liked the better of the two...it places blame where it should be placed


As far as the original Øbama (wishful thinking) estimate of $900BN over 10 years is concerned...

... well that estimate was way before he got the Amnesty for Illegal Aliens bill passed...
he knew beforehand that the healthcare reform would be more expensive...and thats why he used all his first days in office to get the health care reform act passed first.

the politician is very sneaky...because he knew that Illegal Immigrant Amnesty would eventually be a first term policy/ Law at the onset of his socialist-progressive regime and that the AffordableCareAct needed to be in place first or else neither socialist program would be passed into Law as both would combine to be too expensive for the country---> Forward !



remember the USSR collapsed because it could not afford a technically advanced military juggernaut machine
it seems Øbama is intent on destroying America by way of Medicine & healthcare, thus leaving only the militarized USA shell to be the nanny-state guardian of a people resource to be harvested as needed while maintaining global vigilence for multinational corporations to operate unrestricted

Originally posted by St Udio

Originally posted by xuenchen



Obama himself "promised" a cost of "only" $900 billion for ten years


2nd article

the 2nd article i liked the better of the two...it places blame where it should be placed


As far as the original Øbama (wishful thinking) estimate of $900BN over 10 years is concerned...

... well that estimate was way before he got the Amnesty for Illegal Aliens bill passed...
he knew beforehand that the healthcare reform would be more expensive...and thats why he used all his first days in office to get the health care reform act passed first.

the politician is very sneaky...because he knew that Illegal Immigrant Amnesty would eventually be a first term policy/ Law at the onset of his socialist-progressive regime and that the AffordableCareAct needed to be in place first or else neither socialist program would be passed into Law as both would combine to be too expensive for the country---> Forward !



remember the USSR collapsed because it could not afford a technically advanced military juggernaut machine
it seems Øbama is intent on destroying America by way of Medicine & healthcare, thus leaving only the militarized USA shell to be the nanny-state guardian of a people resource to be harvested as needed while maintaining global vigilence for multinational corporations to operate unrestricted

Actually, this is a misinterpretation of the facts. The USSR collapsed because it could not afford to compete with America over military technology superiority. No competition against the USA, no collapse.

Interestingly enough, no Empire in the history of the planet has ever spent so much of its GDP on Defence as America does. It is truly obscene in many ways but then again, not my country so not my business.

My American relatives are fuming over Obamacare. I, on the other hand, think it is not only morally and ethically correct, i also think it should be an obligation of the world's superpower to look after its own citizens, without the reliance on charity to accomplish this.

reply to post by Flavian

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What ever happened to self - reliance?

I see an agenda.

Be dependent not independent. Self-reliance is blasphemy.

reply to post by Eurisko2012

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I just think that people in the richest nation in the history of the planet should not have to rely on charity to get health care.

I understand what you are saying about self reliance and agree to a certain extent. However, i honestly see it as both abhorent and a crime against its own citizens that the nation with more cash than any before cannot even afford to look after its citizens health.

That may appear quite socialist to some of our American friends but believe me, over here that definitely isn't how i am seen!

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