Tuesday, April 10, 2012

What a shocker—Obamacare will cost much more than estimated!

Charles Blahous of Mercatus Center at George Washington University has some news about Obamacare that Republicans already knew and Democrats will deny, and the White House will find a way to blame on Republicans. Realistically, have you ever known a government program that didn't cost way more than estimated or confirmed, whether it be a war or a welfare program? Right now, the WH is hiring thousands of IRS agents which are part of Obamacare. How will that help your health? It's the Full Employment for Government Workers Act.


Let's cut to p. 45 of the report--the conclusion: ". . . despite the fondest hopes of its supporters, the passage of the ACA unambiguously darkens a dim fiscal picture. . . expected to increase federal spending obligations by more than $1.15 trillion. . ."

People—listen up.  This was never, ever ever about saving money on health, or providing better health care, or covering people who currently don’t have health insurance.  It was always about the government taking over a huge segment of the economy.  Period.

http://mercatus.org/sites/default/files/publication/The-Fiscal-Consequences-of-the-Affordable-Care-Act_1.pdf


Cost of the IRS agents: Half a billion dollars, paid for off-the-books by taxpayers through a massive $1 billion Health and Human Services slush fund that got tucked into the bill. Investors.com

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