The Congressional Budget Office has finally had some time to examine the Obama Care legislation. Guess what? It’s going to cost more than the Democrats told us when they forced the thing down the country’s throat.
Congressional Budget Office estimates released Tuesday predict the health care overhaul will likely cost about $115 billion more in discretionary spending over ten years than the original cost projections (I’m shocked, shocked to find that gambling is going on in here!).
The CBO best guess is that the 10 year costs for Obama Care will exceed $1 trillion. This does not, of course, consider the law of unintended consequences. No one but a Democrat, living in his bubble of emotion and fantasy, thinks that this giant carbuncle on the economy is going to save a dime. (If you’ve forgotten, see the infamous Saturday Night Live skit here.)
If we hope to keep this country from going the way of the PIGS (Portugal, Italy [and/or Ireland], Greece, and Spain), we must have a Congress that realizes the effects of putting more and more of the economy in the hands of the government while taking on more and more public debt.
We here in the Central Valley have a chance to make a difference. We have some of the very, very few competitive congressional races in California. We could, with a coordinated effort, turn out Democrats Jerry McNerney in CD 11, Dennis Cardoza in CD 18, and Jim Costa in CD 20. Become active, choose wisely.