Obamacare Eating Up Federal Budget

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Staggering assessment by the CBO in how much Obamacare will cost taxpayers in 2016.

What makes this scary is the program basically just started few years back. Country will not be able to afford it ten years down the road:

Rising health insurance premiums under Obamacare will continue to hit Americans this year, according to a new report from the Congressional Budget Office.

“High and rising premiums for private health insurance are a matter of concern for [Obamacare] enrollees. They also affect the federal budget, because the federal government subsidizes most premiums—directly or indirectly—at a cost of roughly $300 billion in fiscal year 2016,” the CBO said.


H/T DailySignal.com

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