Thursday, August 11, 2011

Columnist: 500 Billion New Reasons To Invalidate ObamaCare

Howard Rich, writing in Investor's Business Daily:
A few hundred billion dollars here, a few hundred billion dollars there — sooner or later we're talking about the real cost of Barack Obama's new socialized medicine monstrosity.

Former House Speaker Nancy Pelosi once said that "we have to pass the bill so that you can find out what is in it." Apparently, passing the legislation was also a prerequisite to determining its actual price tag — which as it turns out is much higher than anyone fathomed.

The latest cost overrun associated with ObamaCare? A $500 billion "error" associated with insuring the spouses and children of new entitlement recipients. That's $500 billion in additional deficit spending — although it didn't stem from an "error" so much as it was the result of a deliberate miscalculation.
Read the full column at the link below:

500 Billion New Reasons To Invalidate ObamaCare - Investors.com

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