Tag Archives: Healthcare

News

Obama flip-flops on health care mandates – now it IS a tax

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Here’s the deal. In order to get the health care bill to pass, Obama had to trick people into thinking that it was not going to result in higher taxes.

So, you would see him on ABC News before the bill was passed saying that forcing people to buy things they don’t want is not a tax:

OBAMA: No. That’s not true, George. The — for us to say that you’ve got to take a responsibility to get health insurance is absolutely not a tax increase.

…

OBAMA: My critics say everything is a tax increase. My critics say that I’m taking over every sector of the economy. You know that. Look, we can have a legitimate debate about whether or not we’re going to have an individual mandate or not, but…

STEPHANOPOULOS: But you reject that it’s a tax increase?

OBAMA: I absolutely reject that notion.

So forcing people to buy health insurance and fining them if they don’t is NOT A TAX, he says.

And so the bill was passed.

But the thing is, the government can’t legally force people to buy health care coverage – it’s unconstitutional! And people are suing them for having passed an unconstitutional law. So now the Obama regime has to argue in court that it really is a tax in order to escape court challenges that they overstepped their bounds by passing a health care mandate.

The American Spectator explains. (H/T Hot Air)

Excerpt:

In order to protect the new national health care law from legal challenges, the Obama administration has been forced to argue that the individual mandate represents a tax — even though Obama himself argued the exact opposite while campaigning to pass the legislation.

Late last night, the Obama Department of Justice filed a motion to dismiss the Florida-based lawsuit against the health care law, arguing that the court lacks jurisdiction and that the State of Florida and fellow plaintiffs haven’t presented a claim for which the court can grant relief. To bolster its case, the DOJ cited the Anti-Injunction Act, which restricts courts from interfering with the government’s ability to collect taxes.

The Act, according to a DOJ memo supporting the motion to dismiss, says that “no suit for the purpose of restraining the assessment or collection of any tax shall be maintained in any court by any person, whether or not such person is the person against whom such tax was assessed.” The memo goes on to say that it makes no difference whether the disputed payment it is called a “tax” or “penalty,” because either way, it’s “assessed and collected in the same manner” by the Internal Revenue Service.

It actually is a tax, and just another one of the many ways that Obama broke his campaign promise not to tax the middle class. How else is he going to pay for the trillion-dollar deficits he is creating? He has to raise taxes – or devalue our savings with inflation. There is no third way. The money has to come from somewhere – and if you tax the rich you just end up losing jobs.

News

CBO estimates Obamacare cost to be 2 trillion from 2014-2023

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From the Weekly Standard. (H/T ECM)

Excerpt:

The CBO says that Obamacare would cost $2.0 trillion in the bill’s real first decade (from 2014 to 2023) — and much more in the decades to come.

But $2.0 trillion wouldn’t be the total ten-year costs. Instead, that would merely be the “gross cost of coverage provisions.” Based on earlier incarnations of the proposed overhaul, the total costs would be about a third higher (the exact number can’t be gleaned from the CBO’s analysis, which is only preliminary and is not a full scoring) — making the total price-tag between $2.5 and $3 trillion over the bill’s real first decade.

How would we pay for all of this? According to the CBO, by diverting $1.1 trillion away from already barely-solvent Medicare and spending it on Obamacare, and by increasing taxes on the American people by over $1 trillion. Among the Medicare cuts would be cuts of $25,000 in Medicare Advantage benefits per enrollee — up from $21,000 in the previous scoring.

[…]We’d also pay for this through increased deficits.  Under strict instructions from the Democrats, the CBO gave Obamacare credit for over $400 billion (from 2014 to 2023) in phony “savings” that would allegedly result from cutting doctor’s payments under Medicare by over 20 percent and never raising them back up.  As the CBO notes, one of two things could happen:  Congress could either follow through on these severe pay cuts — in which case doctors would view all Medicare patients as if they have the plague — or, Congress could eliminate these pay cuts — as everyone in Washington expects to have happen under the so-called “doc fix” — in which case the CBO projects that this bill would raise deficits by over $100 billion from 2017 to 2019 alone.

So, after racking up higher deficit spending in two years than President Bush (or any other president) did in two terms, President Obama would leave his successor a 12-figure deficit related to Obamacare alone — for the period from 2017 to 2019 alone.  That’s according to the CBO.

Someone is going to have to pay for all of this spending. Either taxes are going to go up so that we are all out of a job, or the government will print money and devalue the currency via inflation. I hope the young people who voted for Obama like the taste of grass – because that’s all they’ll be eating for the rest of their lives if this spending keeps up.

News

Massachusetts treasurer says Obamacare could wipe out the economy in 4 years

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Story here from Business Week. (H/T ECM)

Excerpt:

The Massachusetts treasurer said Tuesday that Congress will “threaten to wipe out the American economy within four years” if it adopts a health care overhaul modeled after the Bay State’s.

Treasurer Timothy Cahill — a former Democrat running as an independent for governor — said the 2006 law has succeeded only because of huge subsidies and favorable regulatory changes from the federal government.

[…]Cahill said he’s called for the state to abandon its plan, and for the federal government not to match it.

He also gave reporters a copy of a state ledger sheet showing the state’s Medicaid program ballooning from $7.5 billion to a projected $9.2 billion since the health care law was adopted. Of the 407,000 newly insured, only 32 percent paid for insurance wholly on their own.

The remaining received partial or total taxpayer subsidies.

[…]Cahill [pointed] out the Obama administration is asking the House and Senate to approve a national plan that includes an “individual mandate,” similar to Massachusetts’, and an entity designed to match buyers with private health insurance plans.

Cahill said the Massachusetts equivalent, the Health Care Connector, had helped only 5 percent of those who bought private insurance without any type of government assistance.

While the Massachusetts program has increased access to health insurance, he said it hasn’t cut underlying cost increases, steering more people to a broken system.

“If President (Barack) Obama and the Democrats repeat the mistake of the health insurance reform adopted here in Massachusetts on a national level, they will threaten to wipe out the American economy within four years,” the treasurer said.

Let’s learn from the mistakes of others who tried to do what Obama is doing.