The CBO Obamacare cost estimate has tipped the scales at $850 billion, but this estimate does not include the costs of private sector mandates. Cato's Michael Cannon has been asking for this comprehensive cost--for 180 days and counting.
In 1994, the CBO did score these mandates and found they accounted for nearly 60% of Hillarycare's total cost. So why is it that we're still waiting for an estimated total cost? And why is the Senate is rushing to vote, knowing only a fraction of what Obamacare's total price will be?
If the 1994 cost model of Hillarycare is any indication, the cost of the Obamacare package will be "more like $2.5 trillion," according to Cannon's estimates.
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