Political Quotes

On the recordOctober 11, 2011
When they first started this program back in 1965, they projected out 25 years and said that by 1990 Medicare would cost $12 billion. In fact, it ended up costing $109 billion, basically nine times the original estimate.
Said by
Ron Johnson
Republican · Wisconsin

Editor's note · Context

Discussing the inaccuracies of past Medicare cost projections.

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