Ouch! Cost Estimate for 'Obamacare' Up by $111B

mandym · Mar 2, 2012

WASHINGTON – Cost estimates for a key part of President Obama's health care overhaul law have ballooned by $111 billion from last year's budget, and a senior Republican lawmaker on Friday demanded an explanation.

House Ways and Means Committee Chairman Dave Camp, R-Mich., wants to know by Monday why the estimated ten-year cost of helping millions of middle-class Americans buy health insurance has jumped by about 30 percent.

Administration officials say the explanation lies in budget technicalities and that there are no significant changes in the program.
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Ouch! Cost Estimate for 'Obamacare' Up by $111B

mandym New Member