Can we draw the following hypothesis from the context? 

Context:

He been a senator for 20 years. He voted to increase taxes 98 times. When they tried to reduce taxes, he voted against that 127 times. He talks about being a fiscal conservative, or fiscally sound, but he voted over -- he voted 277 times to waive the budget caps, which would have cost the taxpayers $4. 2 trillion.

Hypothesis: Budget caps would cost over 4.9 trillion dollars