CBO underestimates cost of 0bamacare

Hotair.com ^ | Aug 8, 2009 | ED MORRISSEY

[Godzilla]

The Congressional Budget Office has done a good job of sticking to its independent analysis, even in the face of unprecedented attempts to intimidate director Douglas Elmendorf into backing away from his positions on the deficit damage ObamaCare will do. However, Dr. Stephen Parente of Minnesota’s Carlson School of Management says that the CBO used outdated models to determine short- and long-term costs of Barack Obama’s health care reform package. Newer and more applicable models that the CBO declined to use show that the actual cost will be more than double the CBO estimates (via Newsbeat1):

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And the democrats wonder why people don't trust them with health care - here is just another example.

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[screaminsunshine]

Close but most CBO cost esimates on Government run Healthscams are at least ten times too low. The normal healthscam is used to get votes for Democrats from useless idiots unable to care for themselves. This one however is for controlling every aspect of the unfortunate citizens life.

[Godzilla]

All government estimates are too low. However, the CBO is telling a story directly contrary to its parent organization - and documents the lies of the socalists and 0bama

[rawhide]

We believe that the Democratic bills currently under consideration in the House and Senate would cost $2.1 trillion and $2.4 trillion, respectively—much higher than CBO’s figures. …

[tbw2]

If they're new estimates are so much higher than the first, why was the first estimate so low? Politics? Or is it because Obama adds more to his plans, upping the cost? ObamaCare Jokes Obama Jokes

[Godzilla]

“why was the first estimates so low?”

Because 0bama thought the american people were stupid and dull to act to recognize that cost didn’t matter - socialistic control was and is his only goal