Showing posts with label cost. Show all posts
Showing posts with label cost. Show all posts

Thursday, July 10, 2014

For 10% of the $3.7 billion Obama wants for the border crisis we can return them home in royal style...

Barack Obama wants $3.7 billion to deal with the sudden influx of minor illegal immigrants. The number this year is about 60,000. How much would it cost to get each one a personal guard 24 hours a day for a week, a hotel room, a 1st class ticket and their personal immigration judge for a day?

Personal Guard= 3 per day x 7 days x 8 hours per day x $25 per hour = $4200.
Hotel Room for 1 week= 7 days x $100 per day = $700.
First Class one way ticket from Texas to Central America= $1000 per ticket.
Personal Immigration Judge for the day= $500 per day per Judge. 
Food for 7 days= $200 per week per illegal immigrant.

Total= $6600 per immigrant to treat them royally and return them home in one week.

Obama's Total= $61,667 per immigrant and no serious plan to return them home.

Wednesday, April 30, 2014

Sad: Healthcare.gov is going to cost taxpayers another $121 million in 2014 to repair it

Feeding the beast...
Via TWS:
After shelling out $677 million to build the federal health care website, the government will spend an additional $121 million in 2014 to repair it—$30 million more than previously estimated—the Washington Times reported last night. This comes just as the Obama administration is starting the hunt for next year’s diverse group of contractors.
CGI Federal, the original lead contractor awarded $93.7 million, was replaced by Accenture this past January. Accenture received an initial payment of $45 million—an amount that was supposed to double by year’s end, according to the Washington Post. But yesterday, Accenture Federal Services announced their final agreement of $121 million for work through January 10, 2015.
The search for Accenture’s successor has commenced, and the administration has some specific criteria on its applicants’ gender, race, and socioeconomic status. From the New York Times yesterday.

Tuesday, April 29, 2014

Obama's federal rules and regulations are costing average U.S. household $14,974 annually...

This is a backdoor tax increase by Obama.

Via The Washington Examiner:
Here's a sobering fact likely known to few Americans outside of the nation's capital: The federal government is the only government on earth that collects more than $1 trillion in taxes annually.

That's not unexpected since the U.S. also has the biggest single national economy in the world. It stands to reason the most productive economy would generate the most tax revenue.

But there is another way to look at that data point. Are there additional costs to Americans as a result of what the federal government does with its trillions in tax revenues?

Wayne Crews of the Competitive Enterprise Institute provides a definitive answer to that question today with publication of the latest edition of his annual compilation, "10,000 Commandments: An annual snapshot of the federal regulatory state."

Crews estimates the annual cost of compliance with the record number of new federal rules and regulations issued under President Obama at $1.863 trillion.

That works out to a $14,974 "hidden tax" every year for the average U.S. household. That's 23 percent of the $65,596 annual average household income in America.

Sunday, August 26, 2012

About Obama's promise Obamacare would reduce a family’s premiums $2500 by the end of his first term...

Buried at the end of Forbes article, we learn the ugly truth. It was a lie.
Remember, Obama repeatedly promised that a family’s premiums would go down $2,500 by the end of his first term.  But between 2008 and 2011, the average cost of a family policy went up by nearly $2,500.

And that trend will continue.  As the Washington Post recently reported, “A nationwide study conducted by Milliman Inc. for the Society of Actuaries found that nationwide the premiums in the individual market would increase from 8 to 37 percent in 2014.”

It didn’t have to be this way.  The president could have addressed rising health care costs by encouraging consumer driven health insurance options, which actually bend the health care cost curve.  He chose not to do that and most Americans will be paying more — a lot more — because of it.

Friday, March 2, 2012

Obama administration: Don't worry about that $111 billion increase in the cost of Obamacare. It is only a budget technicality .

A budget technicality? $111 billion?
WASHINGTON – Cost estimates for a key part of President Obama's health care overhaul law have ballooned by $111 billion from last year's budget, and a senior Republican lawmaker on Friday demanded an explanation.

House Ways and Means Committee Chairman Dave Camp, R-Mich., wants to know by Monday why the estimated ten-year cost of helping millions of middle-class Americans buy health insurance has jumped by about 30 percent.

Administration officials say the explanation lies in budget technicalities and that there are no significant changes in the program.

Sunday, December 18, 2011

Obama's fabulous Hawaiian vacation will cost $4,135,038

Meet the 0.01%.

With More Vacation Days and Separate Travel, Price of Obama’s Annual Hawaiian Holiday Rises

...The total cost (based on what is known) for a 17-day round trip vacation to Hawaii for the President and his family and staff and security is an estimated $4,135,038...
Read a complete breakdown of costs at  Hawaii Reporter.

Wednesday, March 31, 2010

Great News! Student Loan Takeover will Add $52 Billion to Deficit


According to the CBO, when all costs are considered, the government takeover of the student loan program will cost taxpayers $52 billion. Someone please explain to me why Democrats did this?

(CNSNews.com) -- The student loan overhaul legislation signed into law by President Barack Obama on Tuesday could add $52 billion to the deficit between 2010 and 2020 when the cost of the market risks and administrative expenses of the loans are taken into consideration, the non-partisan Congressional Budget Office (CBO) reported.

Friday, January 29, 2010

Pelosi Parties on Your Dime


Judicial Watch has received documents under Freedom of Information Act about Nancy Pelosi's use of military aircraft for travel. Pelosi has racked up over $2 million in expenses over the last two years. Over $100 thousand was for "in-flight services" like booze and food.

WND reported:
It reads like a dream order for some wild frat party...

But that single receipt makes up just part of the more than $101,000 taxpayers paid for "in-flight services" – including food and liquor, for House Speaker Nancy Pelosi's trips on Air Force jets over the last two years. That's almost $1,000 per week.

Tuesday, December 22, 2009

Cost of ReidCare: $6,363.94 Per Actual Tax Payer


From Free Republic via Weasel Zippers:
Based on the number of taxes filed in 2008 and the number of people who actually pay taxes roughly 6 out of 10 who file or 60%

From Fox News: "To get all 58 Democrats and two independents on board, Reid, among other things, had to drop a government-run insurance option and a Medicare buy-in and had to increase taxes by $25 billion more than planned, bringing the total tax increases to $518 billion."


135,660,228 (based on people who filed taxes in 2008) X 60% = 81,396,137 who actually pay taxes

$518,000,000,000 (amount of Health Care total tax increase) divided 81,396,137(Americans who pay taxes) = $6,363.94 per actual tax payer.

Sunday, November 15, 2009

Pelosicare Actually Increases Health Care Costs


House Republican Leader John Boehner (R-OH) displays Pelosicare
Length: 1,990 pages
Number of words: Approx 400,000
Cost per word: $2,200,000.


President Obama and Democrats claim we need health care reform to stem rising costs. The chief actuary for the Centers for Medicare and Medicaid Services at the DHHS has analyzed Pelosicare and found contrary to Democrats claims, the bill actually increases costs by $289 billion over a decade.

From Politico:
Democrats have promised that health reform would reduce health care costs, but legislation the House passed last week would increase costs over the next decade by $289 billion. By 2019, health costs would rise to 21.1 percent of GDP compared to 20.8 under current law, according to an actuarial report prepared by the Centers for Medicare and Medicaid Services.

Sunday, November 1, 2009

Stimulus Jobs cost $160,000 Per Job or More

$159,000,000,000 in stimulus spending has been allocated by the end of September. The White House is claiming 640,329 jobs as being saved or created, but they think the actual number is closer to one million. They can not tell anyone exactly which jobs were saved and which jobs were created. Some claim as few as 30,083 new jobs. Let's do some math.
$159,000,000,000/1,000,000=$159,000
$159,000,000,000/640,329=$238,345
$159,000,000,000/30,083=$5,285,377

The cost of each stimuls job is somewhere between $159 thousand and $5.2 million.

From Political Punch at ABC:
Posting its results late this afternoon at Recovery.gov, the White House claimed 640,329 jobs have been created or saved because of the $159 billion in stimulus funds allocated as of Sept. 30.

Officials acknowledged the numbers were not exact, saying that states and localities that reported the numbers have made mistakes....

So let's see. Assuming their number is right -- 160 billion divided by 1 million. Does that mean the stimulus costs taxpayers $160,000 per job?

Thursday, October 15, 2009

Harry Reid Admits Health Care Bill Will Cost $2 Trillion?

He must mean after the Democrats finish all those amendments they plan when the bill reaches the Senate floor. Senator Reid downplays $54 billion as a trivial amount. He must be numbed by the trillions in deficit spending the Democrats have passed this year.



From the video:
"He talked about CBO saying that there would be $54 billion saved each year if we put caps on medical malpractice and put some restrictions — tort reform — $54 billion. Sounds like a lot of money, doesnt it, Mr. President? The answer is yes. But remember, were talking about $2 trillion, $54 billion compared to $2 trillion. You can do the math. We can all do the math. Its a very small percent."

Thursday, October 8, 2009

Is the CBO Report on the Baucus Bill Believable?



The CBO report putting the "gross cost of coverage provisions" in the Baucus Bill at $829 billion over the next decade should be met with great skepticism. The CBO itself was skeptical on page 12 of the report. Their numbers are only valid if "the proposals are enacted and remain unchanged throughout the next two decades." The CBO admits this "is often not the case for major legislation." Read the editorial below to find out how Medicare spending projections missed the mark "by a factor of more than 10!"

From Investors Business Daily:
But read on. On page 12 of CBO director Douglas Elmendorf's letter to Senate Finance Committee Chairman Max Baucus, D-Mt., comes the passage that reveals the skepticism of Congress' non-partisan in-house numbers crunchers.

"These projections assume that the proposals are enacted and remain unchanged throughout the next two decades," writes Elmendorf, "which is often not the case for major legislation."