This will only come as a surprise to President Obama’s most gullible admirers: The Congressional Budget Office (CBO) now claims that the president’s signature health care legislation will cost hundreds of billions of dollars more than originally predicted. So naturally, the media are running headlines claiming ObamaCare will cost less.
No serious policy person ever believed the original CBO gross cost projection of $938 billion (over 10 years) made when the bill was rammed through Congress in March of 2010. Working to achieve an acceptable CBO “score” (i.e., cost projection) is just part of the game Washington plays with legislation—and the American people.