Obamacare darkens U.S. fiscal outlook

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This is an opinion item.

Author(s) The Orange County Register editorial board
Source The Orange County Register
Date April 11, 2012
URL http://www.ocregister.com/articles/billion-348825-president-obamacare.html
Quotes-start.png Medicare itself cost just $3 billion when it started in 1966. According to the Bureau of Labor Statistics' CPI Inflation Calculator, that should have risen to $20 billion in 2010. But because of cost inefficiencies and new care and coverage mandates added by Congress, the actual price tag in 2010 was $560 billion – 28 times as much. Quotes-end.png

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This item argues for the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.