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CBO: Obamacare costs double to $1.8 trillion in first decade

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When President Obama was selling his health care legislation to Congress, he declared that “the plan I’m proposing will cost around $900 billion over 10 years.” But with the law’s major provisions set to kick in next year, a new analysis by the Congressional Budget Office projects that the law will cost double that, or $1.8 trillion. What accounts for the dramatic difference? It’s true that at...

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