ObamaCare: Oh, the Horror!

That's just the first hurdle for one of several bills, each with fluctuating cost estimates. For the House Democrats' version, the CBO estimate tagged the 10-year cost of the plan at just over $1 trillion. 

"On a preliminary basis ... the proposal's provisions affecting health insurance coverage would result in a net increase in federal deficits of $1,042 billion for fiscal years 2010 through 2019," the report said, citing additional expenses for Medicaid and other federal subsidies. 

One Democratic aide said the bill would add up to $1.5 trillion over the next decade. But the CBO estimate showed that even if the price tag holds to $1 trillion, more than 80 percent of the costs will hit in the last five years. This indicates that after 2019, taxpayers could be hit with a rising tidal wave of health care expenses resulting from the shift in health care coverage from the private to public sector. 

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