Pelosi Version of Obamacare Will Cost $1.8 Trillion
The Pelosi version of Obamacare will cost $1.8 trillion over 10 years according to the CBO. This is in contrast to the claims of Nancy Pelosi that it will only cost $900 million and be deficit neutral.
How can Pelosi be so far off from the $1.8 trillion estimate? Here is a hint, she isn’t trying to be truthful when trying to sell Obamacare to the American people.
What the Democrats have done is asked the CBO to score the bill as written. The bill delays all spending until 2013, but raises taxes in 2010. If effect, she puts 10 years of funding toward 7 years of costs. When the CBO re-scores the bill starting at 2013 to 2022, the bill will cost the American taxpayer $1.8 trillion.
Truly accounting for the costs also means that Pelosi is not being truthful about her bill not raising the deficit. According to the CBO, when scored correctly, the Pelosi version of Obamacare will add $650 billion to the deficit.
Pelosi is now pushing to have a vote on the bill this Saturday under the cover of darkness all the while keeping the American people in the dark by not meeting her pledge to publish the bill 72 hours before the vote.
Americans need to call their representatives in congress today to voice their opposition to the bill. You can find the contact number for your representative here. Make sure your representative knows that not only do you not support the bill, but you will actively seek to have them voted out of office if they support this bill.
[...] Pelosi Version of Obamacare Will Cost $1.8 Trillion [...]