President Obama’s landmark healthcare overhaul is projected to cost $1.76 trillion over a decade, reports the Congressional Budget Office, a hefty sum more than the $940 billion estimated when the healthcare legislation was signed into law. To put it mildly, ObamaCare’s projected net worth is far off from its original estimate — in fact, about $820 billion off.
[Is anyone surprised? Even by the number? I’m not. I’m sure it’s still wrong to the low side, and the impacts will be worse as well.]