"This will only come as a surprise to President Obama’s most gullible admirers: The Congressional Budget Office (CBO) now claims that the president’s signature health care legislation will cost hundreds of billions of dollars more than originally predicted. So naturally, the media are running headlines claiming ObamaCare will cost less.Hardly. I'd be surprised if Obamacare cost more than Medicare Part D.
No serious policy person ever believed the original CBO gross cost projection of $938 billion (over 10 years) made when the bill was rammed through Congress in March of 2010. Working to achieve an acceptable CBO “score” (i.e., cost projection) is just part of the game Washington plays with legislation—and the American people.
To begin with, the costs in the legislation were back-loaded: Many of the costs won’t emerge until the latter half of the initial 10-year projection, ending in 2019. And sure enough, when the CBO issued its update in March 2011 the 10-year gross cost projection through 2021 jumped to $1.44 trillion. The just-released 2012 projection tags the gross cost at $1.76 trillion through 2022—nearly twice the original cost. Surprise!"
I'm Shocked! ObamaCare Costs More Than Promised - Forbes
Where have you been?