You are using an outdated browser. Please upgrade now to a modern browser in order to benefit of all our site's features: Chrome, FireFox, Opera, Safari or Internet Explorer. [Close]

The Official Blog of Fox News Channel

New Numbers Show ObamaCare Will Cost 3 Times More Than President Promised

After President Obama's health care law was passed by Congress, we began to learn more about the law itself. One of those facets is that it's going to cost more than Americans were originally told.

Thursday morning, Fox Business's Charles Payne

reported that just like Pandora's box, more and more things are being revealed in the law as time passes, and one of them is that it will cost not the $1 trillion promised by President Obama, but approximately $2.6 trillion over the next decade ... which is close to three times more than thought. Plus, Payne says the number could go up.

"We're still in the early stages ... consider this is the first inning, and it's just going to get worse," he said. "Once you seriously implement this and start thinking about all the ramifications on it ... from the idea that this perhaps would bend the cost curve down, no one thinks that's going to happen."

Payne said that ultimately, it's going to come back on the taxpayers.

Posted in: 
Leave a Comment0

Today's Front Page Stories

On Fox News Channel

All Times Eastern

7
P

Lawmakers ready for vacation,Obama ready to take action. Can Congress fix immigration in time? It's a can't-miss On The Record.

8
P

An illegal alien kills a police officer in Arizona. A University of California professor attacks pro-lifers. Plus, Dennis Miller exposes welfare waste! Don't miss The O'Reilly Factor.

9
P

The Kelly File goes inside a new twist in the IRS scandal that could change everything! Will someone finally be held accountable? 

Don't want to keep checking back here for the latest from Fox News? That's cool. We'll come to you ...

Connect with Fox News

Subscribe

Stay connected with the most-trusted name in cable news through exclusive videos, blogs, polls, contests and behind-the-scene details.

Get More Fox!

Greta Is Wired!

GretaWire.com is the official blog of Greta Van Susteren. Get Greta’s breaking news alerts, pictures, videos, polls, and behind-the-scenes exclusives. Plus, speak out on open threads, as well as the live chat page. Connect to the GretaWire community ... and to Greta herself!

Fox News Presents: 'My America with Elisabeth Hasselbeck'

Fox News Channel presents an exciting new feature series, My America with Elisabeth Hasselbeck. From the quirky to the inspirational, "My America" reveals who we are as a nation – driven, passionate and uniquely American. Watch the latest installment, an up-close look at the beloved Oscar Mayer Wienermobile!