Initial reports claimed that a recent CBO analysis stated the new health-care “reform” law would cost an additional $115 billion more than expected (go figure). Later reporting pointed out that $86 billion of that was actually the continuation of existing programs, according to the CBO.
Quick math: That, even assuming the accuracy of the latter reports, still puts the additional, unaccounted for, cost at around $29 billion. Just one more example of a government program’s cost projection not adding up.
Will politicians keep this in mind in future debates? The history of government cost overruns and politicians not learning from them makes that very doubtful.
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