SOTU FACT CHECK: OBAMACARE – COSTS
$1.8 Trillion: Gross Cost Of ObamaCare’s Coverage Provisions From 2013 To 2023. (Douglas W. Elmendorf, Director Of Congressional Budget Office, Letter To Chairman Paul Ryan, 7/30/13)
- The May 2013 Baseline Estimated That The Net Cost Of Coverage Provisions Was $1,363 Billion – Now $1,375 Billion. (Douglas W. Elmendorf, Director Of Congressional Budget Office, Letter To Chairman Paul Ryan, 7/30/13)
CBO: “The Net Costs Is Now Estimated To Be … $12 Billion More Than Previously Estimated.” “As a result of the Administration’s announcement and recently issued final rules, the net cost is now estimated to be $1,375 billion—$12 billion more than previously estimated.” (Douglas W. Elmendorf, Director Of Congressional Budget Office, Letter To Chairman Paul Ryan, 7/30/13)