A Decade of Obamacare Will Cost $1.6 Trillion

How much will Obamacare — call it the Patient Protection and Affordable Care Act if you like — cost over the next ten years?

More than you’ve been led to believe, reports Charles Blahous of George Mason University’s Mercatus Center. To be specific, he projects it will add $1,160 billion to net federal spending over the next ten years and at least $340 billion to federal budget deficits in that time.

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Author Bio:

Michael Barone, senior political analyst for The Washington Examiner (www.washingtonexaminer.com), is a resident fellow at the American Enterprise Institute, a Fox News Channel contributor and a co-author of The Almanac of American Politics.
Author website: http://www.bernardgoldberg.com