When Vice President Joe Biden announced his decision not to run for president yesterday, he encouraged those Democrats who are to ′run on the record′. Perhaps the most significant piece of the Barack Obama administration record is the so-called Affordable Care Act, a.k.a. The ACA or ′Obamacare′. But, as predicted here, Obamacare has become a disaster. Not only has it failed to enroll all of the uninsured, but we now learn that at least 8, if not 11, of the Obamacare co-ops are in deep financial trouble. Just in the last 3 weeks, Colorado, Tennessee and Oregon have announced that they will have to close down their co-ops. Kentucky, often pointed to by Liberals as a ′success story′, is now also threatening to close its co-op. Also closing their co-ops are Iowa, Nebraska, West Virginia, Louisiana, Nevada, Vermont and New York. Of the 23 states that set up co-ops under Obamacare, only 12 will remain functioning and who knows how long they′ll last?

The main problem is, of course, that Obamacare is costing far more than Obama, Nancy Pelosi and Harry Reid said it would. Big surprise, huh? The federal dollars allocated to cover the co-op expenses are actually only around 12.6% of the costs. And folks wonder why 27 other states, all run by Republican governors, opted out of setting up such co-ops. The vast majority of those who signed up for health insurance through the co-op program are actually getting their coverage through Medicaid rather than by purchasing a private policy.

The Obama administration has been trying to hide the bad news from the public. A memo from the Center of Medicare and Medicaid was circulated in November, 2014, warning about the insolvency of the Obamacare co-ops. Anyone with an IQ over 50 and can do basic math knew this was a disaster waiting to happen. The cost of Obamacare is taking a heavy toll on both Medicaid and Medicare, causing many seniors and disabled Americans to lose some coverage and have higher co-pays. Now we have the illegal immigrants also being given free healthcare, too, adding to the problem.

The immediate remedy by the Obama administration is to reduce services to seniors, veterans and the disabled. Other citizens will also feel the impact of Obamacare′s costs. For example, women will now have to wait until they are 45 before getting a mammogram instead of 40. They will also have to wait longer for future mammograms. The end result of this move will be a decrease in early detection of breast cancer and an increase to deaths to women. Some states, like California, are looking to ′End of Life′ options for cutting costs, allowing for doctor-assisted euthanasia. Can you say ″death panels″? Sure you can!

Joe Biden thinks that Democrat presidential candidates should run on the record of the Barack Obama administration. The most significant part of that record is the Affordable Care Act or Obamacare. But Obamacare is deadly joke. The state-run co-ops are defaulting as costs escalate from giving free healthcare to illegal immigrants. Senior citizens, veterans and disabled Americans are paying the price to fund Obama′s hand-out-heaven. The news of Obamacare is so bad that the administration has been hiding the facts for nearly a full year. Estimates for next year already predict no increase in enrollment. Without millions of young, work-aged adults buying heath insurance policies, Obamacare is heading for a system crash.