Wednesday, February 26, 2014

New Study Shows Government Programs Always Become More Expensive Than Expected; In Other News, Sky Is Blue

New Study Shows Government Programs Always Become More Expensive Than Expected; In Other News, Sky Is Blue: "Senator Tom Coburn, is releasing a report that shows that government projects are always more expensive than they are projected to be.

Mr. Coburn’s report, which used government agency figures, said Medicaid costs increased 31,212.5 percent in just 46 years — and that’s before taking into account the upcoming expansion of eligibility under Obamacare. The number of people enrolled in the program increased 1,290 percent over the same time period."



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