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– –ADDENDUMMore 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?