The Great Unknown: ObamaCare cost
Posted on July 11, 2014 by Cowboy Byte
Estimated cost $200 billion a year by 2020.
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President Obama’s health care law has been delayed and changed so many times that the official budget scorekeepers can no longer keep track of what the law costs.
The changes, and the overall uncertainty regarding the price tag, are raising concerns about whether the law even has enough revenue coming in to pay for the program.
“Right now the savings that was projected to pay for all this spending is not being collected as originally projected,” said Charles Blahous, of the Mercatus Center. He estimated the law will eventually cost $200 billion a year by 2020.
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