30 March 2012
Obamacare: New $17 Trillion Shortfall Found.
It just keeps going up, up and away. Just days after the Supreme Court heard arguments for and against Obamacare, or the Affordable Care Act, a new review finds a shortfall of over $17 Trillion, more than the total of the National Debt today (around $15 Trillion). The pricetag on this legislation seems to increase almost daily in recent weeks, as we find out more about it. Clearly, massive tax increases will be required to finance it. Seems Nancy Pelosi was right, after passing it we are still finding out what is in it. This whole situation is a shame, there was a lot of good in the bill, unfortunately, there also seems a be a lot more bad in it. Read more: Surprise! Obamacare New Shortfall is $17 Trillion!