President Obama and his lies that would rival any Pinnochio could conjure up! The PinnochiObama story has now been revealed. President Obama said that his healthcare law would cost $900 billion over the next ten years.
Well, the truth is out now, and Obama new what the real numbers were. He did not make a mistake; he lied.
According to The Washington Examiner, "Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law's core provisions to expand health insurance coverage has now ballooned to $1.76 trillion. That's because we now have estimates for Obamacare's first nine years of full implementation, rather than the mere six when it was signed into law. Only next year will we get a true ten-year cost estimate, if the law isn't overturned by the Supreme Court or repealed by then. Given that in 2022, the last year available, the gross cost of the coverage expansions are $265 billion, we're likely looking at about $2 trillion over the first decade, or more than double what Obama advertised."
That means he deliberately lied to the American people to gain support for his socialistic program, of Obama care. It seems he cares more about having a legacy than doing the right thing by Americans. He is no FDR, and FDR was not a Pinnochio. Hopefully, we get this thing appealed before anymore damage is done to the economy.
With the U.S. debt rising at about 2 billion dollars a day, we cannot afford Obamacare, and he knows it! His healthcare law is a complete and utter frivolity and a lie.