Tuesday, September 16, 2014

CBO: Cost of ObamaCare Subsidy Will Increase 8-Fold In Just 10 Years

Wonderful. What the hey. We've got Money to Burn. 
Oh, we Don't? So What. Just Charge it to generations yet unborn.


Via CNS News:
(CNSNews.com) – The cost of the Obamacare subsidy that the U.S. Treasury will pay on behalf of people who earn under 400 percent of the federal poverty level and who buy a government-approved health-care plan on a government-run health-insurance exchange will increase by approximately 8-fold in its first ten years of operation, according to the latest budget estimate from the Congressional Budget Office.
Medicaid spending will double in the first ten years of full implementation of Obamacare, according to the CBO estimates.
Thank You Mr Stone and CNS. 

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