Friday, May 07, 2010

Obama's Health Care Promises Already Busted

The ink was barely dry on President Obama's signature before the RAND Corporation released a report concluding that not only would the hard-won health care package fail to curb premium increases, but the bill would drive premiums up as much as 17 percent for young people.
And then there's this:
...the Congressional Budget Office now says that as many as 10 million workers will lose their current insurance under the bill. Some of those will have to buy new insurance through the government-run exchanges. Millions more will be thrown onto Medicaid.

In addition, the Center for Medicare and Medicaid Studies reports that half of seniors enrolled in the Medicare Advantage program will lose their coverage under that program and be forced back into traditional Medicare.
And this:
...the government's chief actuary released his report on the bill recently, showing that the bill will actually increase health care spending by $311 billion over the next 10 years.

At the same time, the actuary warns that promised future spending cuts, particularly those for Medicare, are unlikely to occur.
And, finally:
Now the most recent report from the Congressional Budget Office warns that nearly 4 million Americans, nearly three-quarters of them middle-class workers, will be hit with fines for failing to meet the government's mandate. Those penalties will average nearly $1,000 per person in 2016.

All this, and the health care "reform" law is merely a month old.

Perhaps this is why nearly 56 percent of American voters now favor repealing the bill.
Read the whole thing

What a mess this inexperienced narcissistic amateur has left us!

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