Did you feel that $2.5 trillion dollar hit in your wallet? (Health)
Did you feel that hit in your wallet?
Analysis says 'Obamacare' tab $2.5 trillion, not measly $940 billion in CBO guess
Posted: April 03, 2010
9:35 pm Eastern
By Bob Unruh
© 2010 WorldNetDaily
A new analysis of "Obamacare," as President Obama's plan effectively nationalizing health care has been dubbed, concludes the law will hit American households for more than $17 billion a year with just one of its "disasters," and the real overall cost likely will be $2.5 trillion, nearly triple the $940 billion estimate from the Congressional Budget Office.
According to the Heritage Foundation, the nation's most broadly supported public policy research institute, a single $17 billion-plus hit on American's wallets will come from a tax increase on anyone with investment income, the result of dollars being invested in creating new products, services and jobs.
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