Nothing to see here: Obamacare to cost $50K per person covered

◼ Buried deep inside the latest CBO budget outlook report there is some shocking (by which I mean not shocking to anyone who has been paying attention) information on the effects of ObamaCare.

ou can forget about all the promises that were made by the administration and their Democrat allies during the debate… they were lying clearly inaccurate in their estimates. So how bad is it? The Daily Mail came out with the first report.

It will cost the federal government – taxpayers, that is – $50,000 for every person who gets health insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.

The number comes from figures buried in a 15-page section of the nonpartisan organization’s new ten-year budget outlook.

The best-case scenario described by the CBO would result in ‘between 24 million and 27 million’ fewer Americans being uninsured in 2025, compared to the year before the Affordable Care Act took effect.

Pulling that off will cost Uncle Sam about $1.35 trillion – or $50,000 per head.