the cost.... 1.75 trillion is only in actual insurance costs.. not all costs..
A Congressional Budget Office report shows that the cost of implementing President Obama's health care overhaul will reach $2.6 trillion over a ten-year period, a dramatic increase from the White House's original estimate.
"The fact that the outlook for the law continues to worsen so rapidly, even before it is implemented, is ominous,"
"And despite massive tax hikes and new penalties to pay for the bill, which CBO estimates have risen by another $99 billion compared to their estimates last March … the president's health spending law will add at least $700 billion to the deficit over its first 10 years. Sadly, it may prove much worse than that."
The CBO arrived at its $2.6 trillion figure after measuring the effects of expanding coverage over its first ten years in effect. At its full scope the health care law will result in "4 million fewer Americans [having] employer-based coverage," the CBO noted.
