It’s no secret Obamacare is unaffordable. But now we also know that even the Congressional Budget Office can’t predict how much more this disastrous law will cost.
According to a footnote from a Congressional Budget Office report released in April but reported this week by Roll Call, the law’s true costs and long-term fiscal impact are simply impossible to track.
That’s a change in tune for the CBO, which originally reported in 2010 that Obamacare would pay for itself and over the course of a decade would decrease the deficit.
So what’s changed?
Well, thanks to the constant modifications to the law, the only thing predictable about Obamacare’s provisions is that they’re unpredictable.
Many of the “savings” and “revenue” (read: mandates and tax increases) originally proposed to pay for this redesign of one-sixth of the U.S. economy, whether Medicare cuts or employer mandates, have been waived, stalled or simply not implemented, making a defensible revised forecast impossible. The changes occurred because it became clear such measures were both politically unpopular and realistically unaffordable.
There are other reasons that it’s virtually impossible to even guess how much Obamacare will ultimately cost.