Thursday, September 20, 2012

At least 30 million will be uninsured when ObamaCare is fully implemented. On the plus side, the federal government will rake in billions

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Thanks again to George Bush, the entire Bush family, and the remaining Bush parasites like Ed Rollins and Karl Rove. Destroying this country wasn't enough for them. Now they're doing their best to re-elect Obama.

9/19/12, "CBO raises estimate of those hit by Obama health care tax," Washington Times, Cunningham

"Congress‘ official scorekeeper said Wednesday that 30 million people will be uninsured when President Obama’s health care law goes fully into effect, including six million Americans who are expected to pay a tax penalty — about two million more than originally forecast when the law was passed in 2010.

After initially predicting that the law would leave just 21 million lacking health insurance, the Congressional Budget Office has raised its estimate, blaming the slow economy, changes Congress has made to the law and states who said they’ll refuse to expand their Medicaid programs after the Supreme Court said they don’t have to.

The upside for the government is that it will collect more revenue to help pay for the health care law. With two million more Americans expected to pay the penalty, the CBO predicted $3 billion more in collections each year — about $7 billion in 2016, and $8 billion a year thereafter.

But the new projections could also undermine a key goal of President Obama in the new health care law, which aimed to extend coverage to most Americans.

And it gave Republicans an opportunity to recite one of their favorite criticisms of the law — that President Obama is taxing middle-class Americans by penalizing them for failing to buy coverage."...via Lucianne

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Ed. note: Fact Check on Washington Times: Republicans love ObamaCare. In 2010 we gave the GOP all the people they needed to defund it and they told us to drop dead. The GOP House just voted again in the past week to continue funding ObamaCare. McConnell said on day one it would never be repealed. McConnell, Boehner and the rest despise ordinary Americans and love ObamaCare and the gold plated individual plans they voted for themselves. Boehner doesn't have to care because he's running unopposed for his seat in Ohio. Democrats view him as one of them.
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