Tuesday, 09 Aug 2011 01:18 PM
By Tom O'Connell
New research suggests that Obamacare comes with $50 billion in hidden annual costs, reports DailyCaller.com. The plan’s budget apparently does not take into account the insurance costs of workers’ spouses and children, meaning the Treasury could be tapped for hundreds of billions of dollars in the first decade the plan is instituted.
“The Congressional Budget Office has never done a cost estimate of this [because] they were expressly told to do their modeling on single [person] coverage,” Richard Burkhauser told the Caller. Burkhauser, a Cornell University economist and professor, coauthored a report on the plan published by the National Bureau of Economic Research.
These unaccounted costs “will almost certainly add to the deficit, contrary to what the Congressional Budget Office and others have estimated,” Paul Winfree of the Heritage Foundation told the Caller.
Read more on Newsmax.com: Report: Obamacare Hides $50 Billion in Annual Costs
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!
If you're not already aware. This is what's going on in DC while dangerous criminals are allowed back out on the streets. It's horrifying that this is happening to our citizens and veterans for protesting the hijacking of our election process. This is still happening! They are STILL being tortured and treated like full on terrorists.
You may not be aware of the typical things they're forced to go through...…
ContinuePosted by Babs Jordan on August 14, 2022 at 8:44am
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