CBO Director Pours Cold Water on ObamaCare

I think this Elmendorf guy may the last line of defense when it comes to us not having to default on our debt due to insane costs. His words should make the Dems slow down and think these costs through and figure out how to pay for these things without raising taxes.

Explained Elmendorf: "In the legislation that has been reported, we do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount. And on the contrary, the legislation significantly expands the federal responsibility for health care costs."

Even if the congressional legislation doesn't add to the federal deficit over the next years, Elmendorf said costs over the long run would keep rising at an unsustainable pace.