CBO: Obamacare Will Cost $50,000 Per Insured American

CBO: Obamacare Will Cost $50,000 Per Insured American

The federal government will spend $1.993 trillion to implement Obamacare over a decade and take in only $643 billion in new taxes, penalties and fees from the ACA.

Ultimately, every insured American will be on the hook for $50,000 and we still don’t even come close to addressing the problem of the unisured.

The entire country is being saddled with an overburdensome, socialist and economic albatross that, at the end of the day, will only result in 24 million and 27 million more Americans getting covered. Between 29 million and 31 million nonelderly Americans will still not have insurance.

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