As Twitchy reported earlier today, the Congressional Budget Office now estimates that 7 million Americans will lose their employer-based health insurance by 2022, thanks to Obamacare. That’s not the biggest number in the report by a long shot. Those digging a little deeper into the report are finding that, given its current trajectory, the national debt is on track to hit $26 trillion over the next decade.
CBO projects that by 2023, total debt will = $26 TRILLION. We need a budget. The President has to submit a credible plan. #RequireAPlan
— Virginia Foxx (@virginiafoxx) February 5, 2013
CBO: Gross federal debt (public debt + $ owed to trust funds) to reach $26 trillion by 2023
— Philip Klein (@philipaklein) February 5, 2013
To be revised upward?
CBO is always low- on the wrong side of the numbers. @markknoller
— ⭐❤ Harriet Baldwin (@HarrietBaldwin) February 5, 2013
According to the CBO, total US public debt will be $26 trillion in 2023. So realistically at least $30 trillion
— zerohedge (@zerohedge) February 5, 2013
— Wes Huffman (@WH_DC) February 5, 2013
Wait a second. Does this estimate take into account the rich now paying their fair share?