The Heritage Foundation reported yesterday that:

The Congressional Budget Office (CBO) confirmed that the federal government will have to spend an additional $115 billion implementing the law, bringing the total estimated cost to over $1 trillion. The estimate had been requested before passage of the bill by Rep. Jerry Lewis (R-CA), but the CBO was too overwhelmed with the Democrats' other constant revisions to the law to get back to Lewis before the final vote.

This is by far not the only nasty little surprise that has come back to bite Obamacare after passage. Shortly after it became law, U.S. employers began reporting hundreds of millions if dollars in losses thanks to tax changes in the bill. AT&T and Verizon alone pegged their Obamacare tax losses at around $1 billion each. At first, Democrats in Congress were outraged by the announcements and threatened to hold hearings persecuting these companies. But then the Democrats not only found out the companies were obligated by law to report their Obamacare related losses, but that the losses were a signal these companies might have to dump their employees' and retirees' health care coverage all together.

Oops. It is also projected that 18 million Americans will remain uncovered by insurance despite this bill. The US population is only around 307 million, which means that more than 5% of the people will be penalized without any benefits whatsoever.

“But,” said Pelosi, “we have to pass the bill so that you can find out what is in it”. Yep, we are still finding out, Mrs. Pelosi. I’m impressed. Are you? The Rassmussen Reports are indicating that 56% of the people in this country want it repealed.