In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion -seven times more than the prediction. Posted on March 20, 2010 by admin Ron Paul – – ADDENDUM More info on health care reform on Memeorandum, Politico and Slate. Related PostsThe Real Arithmetic Of The Health Care ReformNate Silver: InTrade probability on ObamaCare is quite right.What has been the best InTrade prediction market ever? Has the ObamaCare prediction market at InTrade been ahead of the commentary?