The 'true' cost of health care reform; $2.6 trillion

Fudging numbers is a game everyone plays on Capitol Hill but not to the extent the Democrats have been lying about the true cost of Obamacare.Greg D'Angelo at Heritage's Foundry blog pulls back the curtain:As Heritage analysts noted earlier in the week, the Congressional Budget Office released its preliminary score of the bill (H.R. 3962) but too many in the media have not been reporting its true cost. The true cost is not the net spending on only the coverage related provisions ($897 billion) but rather the total gross spending for the coverage provisions ($1.05 trillion) as well as any additional spending in the bill (approximately $217 billion). That would raise the plan's price tag to about $1.5 trillion when including the roughly $210 billion cost of the "doc fix" is included. The "doc fix" refers to the undoing of the flawed Medicare payment update formula, which Congress created but has routinely stopped from being enforced. Under current law, that formula...(Read Full Post)