As Pelosi said, “we have to pass the bill to see what’s in it.”
(IBD) — The latest cost overrun associated with ObamaCare? A $500 billion “error” associated with insuring the spouses and children of new entitlement recipients. That’s $500 billion in additional deficit spending — although it didn’t stem from an “error” so much as it was the result of a deliberate miscalculation.
As it attempted to calculate ObamaCare’s true fiscal impact, the Congressional Budget Office was explicitly instructed to ignore the cost of covering family members under new eligibility requirements for low-income private sector employees.
“The Congressional Budget Office has never done a cost-estimate of this (because) they were expressly told to do their modeling on single coverage,” researcher Richard Burkhauser told the Daily Caller this month.
Documents obtained from the Democratic-controlled Joint Committee on Taxation confirm Burkhauser’s account — and demonstrate the lengths to which Obama supporters went in an effort to hide these costs from the taxpayers.