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Video: Baucus Admits Obamacare Costs $2.5 Trillion
Posted By Conn Carroll On December 3, 2009 @ 12:10 pm In Obamacare | Comments Disabled
When President Barack Obama made his most recent big health care speech in September , he promised the American people his plan would cost only $900 billion. It took almost three months, but Majority Leader Harry Reid (D-NV) finally produced a bill that CBO was willing to score at $848 billion . Problem is, the bill is filled with so many gimmicks  that nobody believes  that $848 billion score is the true cost of the bill. And yesterday on the Senate floor, Sen. Max Baucus (D-MT) actually admitted it. Watch:
And pay particular attention to what Baucus says at the beginning of the clip about excluding the cost of the doc fix . Add that $300 billion  to the bill and the true cost of Obamacare rises to almost $3 trillion.
Article printed from The Foundry: Conservative Policy News Blog from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2009/12/03/video-baucus-admits-obamacare-costs-25-trillion/
URLs in this post:
 most recent big health care speech in September: http://www.nytimes.com/2009/09/10/us/politics/10obama.text.html?pagewanted=all
 $848 billion: http://www.washingtonpost.com/wp-dyn/content/article/2009/11/18/AR2009111802014.html
 so many gimmicks: http://www.foundry.org/2009/11/20/the-senate-health-bill-the-true-costs-are-unknown/
 nobody believes: http://www.foundry.org/2009/11/20/morning-bell-a-health-bill-nobody-believes-in/
 doc fix: http://www.foundry.org/2009/11/18/morning-bell-doc-fix-digs-debt-deeper/
 $300 billion: http://www.foundry.org/2009/11/16/washington-post-on-obamacare-a-300-billion-deception/
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