Government-run Healthcare Costs Skyrocket … and it hasn’t even gotten started

Just a few weeks ago Nancy Peloci, Harry Reid and all Obamanites the nation over were heralding the fact that Obamacare would be “budget neutral”.  Budget neutral means that it would not increase the size of the existing budget.  The CBO stated that as their proposal was written, it would be budget neutral.  There were a few catches however.

• The CBO was skeptical that the things in the plan which made it budget neutral could in fact be done.  This was like the Socialist/Democrats saying “If our pig could fly…” and the CBO responding “Well maybe, if your pig could fly.”
• Budget neutral means that the program would not increase the size of the budget.  The budget is deficit spending.  Maintaining the same level of spending is not an option.
• The only way they could arrive at a claim of budget neutral is with hundreds of billions in new taxes and claiming that they were going to cut Medicare/Medicaid funding by hundreds of billions more.  While everybody believes that they will raise taxes tremendously, tax increases have never provided the projected amount because raising taxes hurts the economy and people create less wealth and therefore make less money for the government to seize.  Simply put: the pie gets smaller.  And nobody believes that the Socialist/Democrats will cut funding to any socialist or entitlement program nevermind cutting hundreds of billions of dollars.  It is all simply fantasy but necessary to make the numbers appear to work.
• The proposal was budget neutral by less than 1%.  They claimed an $80B savings over ten years on a plan that would cost $856B.  That means if they are off by anywhere near 1% this program is a failure.  There is simply no way that they are that close in their cost estimates over a ten-year period.  All US medical government-run programs have underestimated costs by nearly 900%.  There is no reason at all to belive that this plan will not follow the same trend of explosive, uncontrolled cost over-runs and that brings us to the Socialist/Democrats new plan.

The new and improved version has been out for a few days and the preliminary figures are in.  The new and improved plan will come in at $1.2T.  Yes, it will be 43% more expensive than what they told Americans it would cost only a few weeks ago.  And these are the most optimistic numbers possible because they come from the people who are trying so desperately to pass it: the Socialist/Democrats.  Using the results of every US government-run medical program the reality is that this new program will end up costing Americans $10.8T.  With that single plan, Obamacare, Obama, Pelosi, Harry Reid, the Socialist/Democrats and all who support it will have doubled the existing national debt.  This is on top of the additional spending by Obama which the CBO has concluded will add an additional $9-10T.

Every government-run program in history has grown well beyond what the government so confidently projected.  In only a few weeks Obamacare has gone from $774B to $859B to $1,200B (i.e., $1.2T).  It has nearly doubled!  Again, keep in mind that those costs are not the real costs.  The government’s history on such matters shows the real cost will be about 900% higher or $10.2T as the proposed version of Obamacare stands currently.

Obama promised change you can believe in.  The Obama agenda and that of the Socialist/Democratic Party is, and has always been, to change the US into something that resembles Castro’s Cuba, Stalin’s USSR or Mao’s China.  Believe it.