Chart of the Day – Obamacare’s New Spending Estimates Keep Rising

The Congressional Budget Office has made several estimates for the cost of Obamacare. The most recent report, from February 2013, shows that the spending is estimated to be an additional $1.6 trillion over ten years. When the CBO first estimated the additional spending from Obamacare in March of 2010, the estimate was $898 billion. That is an increase of over $700 million.