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According to CBO's latest estimates, the cost of Obamacare has increased by $500 billion.-- Meaning, in only one year, the cost has increased from an already staggering $938 billion price tag to $1.445 trillion.

Let's put that into perspective. Half a trillion dollars could buy:

•--All 32 NFL Teams ($32.7 billion), 30 NBA Teams ($11 billion), 30 MLB Teams ($14.7 billion), and 30 NHL Teams ($6.68 billion) almost 8 times.•--1,002,004,008 iPad 2s ($499)•--A Ford F-150 for every resident in New York City, Los Angeles, Chicago, Houston,...

The House Energy and Commerce Health Subcommittee today held a hearing to examine the implementation and sustainability of the CLASS program.-- During the hearing, Administration on Aging Assistant Secretary Kathy Greenlee admitted to Rep. Tim Murphy (R-PA) that funds from the CLASS program were double counted as both funding the program and contributing savings in the health care law. Watch the exchange here.

TranscriptMurphy: So that money is also going to cover the health care bill as well as the CLASS Act?

Greenlee: That sounds accurate.

...

First... Chief Actuary Rick Foster Says: Cuts in Medicare "cannot be simultaneously used to finance other Federal outlays (such as the coverage expansions) and to extend the trust fund."

Then... President Obama Agrees:"What I do agree with is that you can't say you're saving on Medicare and then spend the money twice."

Now... Secretary Sebelius Admits:Shimkus: "Are you using it to save Medicare or to fund health care reform?"Sebelius: "Both."

Click HERE to watch

Fox News' Roundtable Analysis"The classic definition...