Obama Expects States to Pick Up Obamacare Tab

Wow, who would have guessed that we were being lied to?

Obama Expects States to Pick Up Obamacare Tab

President Obama’s health care law was projected to spend $898 billion over ten years when it was passed. That price tag largely masked the true ten-year cost because of the delayed implementation of the law, and the CBO revised its cost estimate in 2013 to show that the law will spend $1.85 trillion in the next ten years.

Obamacare is already experiencing cost overruns, and the Obama Administration expects the states to pick up the tab.

One of Obamacare’s provisions, the Pre-Existing Condition Insurance Plan, has nearly run out of its $5 billion budget, and HHS Secretary Sebelius has proposed that the states that run the administration of the program find a way to pay for it themselves.

http://bighealthreport.com/8057/shocker-obama-expects-states-to-pick-up-obamacare-tab/