According to the latest calculations from the Congressional Budget Office, those non-partisan accountants of the CBO, the projected costs to the National Debt of the first ten years of Obama Care will be around $1.7 Trillion dollars, not the $900 Billion the White House said. This is bad news for Barack Obama, as the CBO has also upgraded the budget deficit for this year to $1.2 Trillion dollars. Even that number may be low considering how America set a new record for a one-month federal budget of over $260 Billion just in February. Meanwhile, the Department of Health and Human Services has made it official that there will be a $1 surcharge on all individual mandated health insurance policies to provide coverage for abortions as part of Obama Care. It just never ends, does it?
So once more, the White House and Barack Obama misled the American people, as well as Democrat members of Congress, who had reservations about abortion coverage being built into Obama Care. Perhaps they should have read the stupid bill before voting on it? As Nancy Pelosi said, we′ll only really learn what is in the bill after it was voted on, since the bill was written giving an extraordinary amount of power to the HHS Department and their regulators. The bill voted on was essentially a blank sheet, or check, that HHS would be allowed to fill in as they, and Barack Obama, see fit.
The ′Affordable Care Act′ has turned into one of the greatest legislative scams ever perpetrated upon the American people. It is right up there with the 16th Amendment and how it would only tax the income of millionaires by 1%. Even the poorest worker now pays more than that just in payroll taxes to fund later federal scams, Social Security and Medicare. So as of 2014, every American, regardless of their religious convictions, will be forced to pay for somebody else wanting an abortion. Planned Parenthood must be very pleased! The only good thing is that the CBO says Obama Care will bankrupt the nation quicker than previously thought, if you consider that a good thing?
March 14th, 2012 at 7:51 am
Is there a money back guarantee ?
Warranty ?
March 14th, 2012 at 8:31 am
Excellent piece. I reminded my readers of Pelosi saying they had to pass the bill so we could know what is in it. They did, and now we do!
March 14th, 2012 at 8:36 am
Politico reports that Obama Admin throws Pig Maher Under The Bus & Keeps The Money.
March 14th, 2012 at 10:03 am
@AOK
Wonder if they made pork rinds?
March 14th, 2012 at 12:00 pm
Wouldnt be surprised, but that wasnt a really a big deal anyway considering all money belongs to all people , right ?
March 14th, 2012 at 12:08 pm
Chicharonnes Faye, chicharrones.
I figured you’d rather hear it from me instead of some culturally and politically correct moonbat whos gonna hit the streets ASAP screaming racist gavacho peegs
March 14th, 2012 at 2:03 pm
Thanks, Susan! I suspect that we will still be learning what is in the bill years from now as other portions go into effect. Unless, of course, the Supreme Court throws this whole mess in the trash bin!
March 14th, 2012 at 4:21 pm
Sht, we’ll all be dead before we finish reading it.
I can just that fcker with a jillion amendments, need its own zip code
March 15th, 2012 at 3:39 am
If you take the costs out to 2022, rather than 2011. You did not mention that.
The CBO does not include competition. There is no public option, remember? Competition brings costs down. The really bad thing about health insurance today is you only got a few huge insurance firms offering it. This was radically different only fifteen or so years ago.
Also, the dude who you will probably nominate for President invented the Affordable Care Act. Not President Obama.
March 15th, 2012 at 3:49 am
Oh and the $1 abortion fee, this is actually to insure that no federal funds will be spent on abortion! It only applies to someone who actually chooses a health insurance plan that covers abortion over one that does not. As if that would ever happen, considering the political discourse on the subject today! The intent is to be sure that if there were a health insurance plan offered by someone that included abortion, no federal funds would be included. That’s why it is only the token amt. of $1. You know, like $1 for a consideration.
Boy, your readers are sure lucky they got someone like me to tell the truth when Andrew starts spinning all these lies. Repeating all these lies, I mean.
He’s too stupid to invent anything new.
March 15th, 2012 at 3:59 am
Klo, Klo, Klo!
First, ObamaCare does NOTHING to promote competition in health care insurance. It adds regulations to an industry already over-regulated. ObamaCare is wired to destroy private enterprise in health care. Its designed to force a public option and just everybody into Medicare.
As for the $1 surcharge, are you kidding me or just too dim? The argument that the surcharge forced upon us by the federal government is meant to absolve the feds from paying for abortions is ridiculous. Furthermore, I do not care if its $1 or 1 penny! The government has no authority to force me to pay this under the Constitution.
March 15th, 2012 at 10:02 am
Yeah, unfortunately our currency belongs to earth citizens.
March 15th, 2012 at 3:50 pm
To quote Dwight from the office…
False.
And I quote TPM…
CBO’s actual revised estimate is that the “gross costs of the coverage provisions,” — the money used to provide people Medicaid or private insurance — has risen by about $50 billion over the 2012-2021 period since its previous estimate, from $1.445 trillion to $1.496 trillion. That’s the only relevant change to spending projections in the report.
So where are conservatives getting the idea that the cost of the law doubled? When it passed in 2010, CBO said its 10-year outlays would be about $940 billion. But because the law isn’t set to be fully implemented until 2014, when the coverage expansion takes effect, that initial estimate included several years in which the law cost very little. Now that it’s 2012, CBO’s 10-year outlook captures more years during which the law will be in full effect. The law’s price tag appears higher, but its costs in no way doubled.
Conservatives, however, want to use the effect of this sliding window to make it appear as if the health care law is a budget buster. But this latest CBO report focuses exclusively on the law’s spending provisions, and ignores its savings — the taxes and spending cuts, that also mostly take effect in 2014.
Indeed, CBO still holds that the law reduces the deficit by billions of dollars over 10 years. That’s just not in this report.
In other words… false.
March 15th, 2012 at 3:52 pm
ObamaCare is wired to destroy private enterprise in health care. Its designed to force a public option and just everybody into Medicare.
If only. Unfortunately, no– “Obamacare” is the conservative Heritage Foundation plan + Romneycare put into action.
March 15th, 2012 at 7:55 pm
You missed the whole point ass hole and brought arguments no one really cares about.
The government cannot make you pay for some thing you dont wish to have unless its liability.
You’re stupid if you believe the forecasts you project.
We dont even have a budget and you’re standing behind those numbers ?Lib is as lib does
GTW
Were all not exactly in love with Romney.
His resume`is by far more impressive than that idiot behind the desk
March 16th, 2012 at 12:23 am
The government cannot make you pay for some thing you dont wish to have unless its liability.
I don’t know what “unless its liability” is supposed to mean, but sometimes trying to understand you is like trying to understand an tongueless old man with a stutter eating pop rocks over a shortwave radio during the blitz.
Regardless, I do recall the government making me pay for something I didn’t wish to have called the Iraq War. So when I get my money back, you can stop shutting the hell up.
I will make my official endorsement for GOP very soon. So hang on.
March 16th, 2012 at 5:59 am
Sorry to rain on your parade, ‘Me’, but as usual, relying on TPM, part of the Obama state-controlled media, is a mistake…
http://www.turnto23.com/health/30662237/detail.html
8th paragraph down:
“Last March, CBO estimated that the coverage provisions would cost $1.445 trillion over the first decade, up from its $931 billion estimate when the law was passed. On net, after counting the new insurance-related taxes and penalties the law would raise, the agency estimated the provisions would cost $1.131 trillion, up from its original estimate of $778 billion.”
So your numbers are from the CBO report of March, 2011, NOT the latest update.
March 16th, 2012 at 10:49 am
Just this morning the CBO reports that as a result of Obamacare 20 million people will lose their insurance.
“I don’t know what “unless its liability” is supposed to mean,”
You must posses coverage for the cost of whoever you ran over, or into.
A house unpaid for and still the property of the bank has an insurance mandate in the contract to cover the banks ass in case you burn it down or default.
After mortgage payment is made in full and the house is no longer the banks property
A retail out let has to cover your ass if you fall over while trying on thongs.
You’re a liability to everyone on the road if you crash and run.
You cannot force me to take out a personal insurance policy because its deemed by you “the right thing to do”
This is why I say your post was either not relevant, or a lie.
Anyone who wants the fed manage their “health care” has to be one of the dumber people on earth.
March 16th, 2012 at 1:43 pm
But…, but…, Micky!
The new CBO report would mean that Barack Hussein Obama LIED when he said everyone would get to keep their existing health care!!!
If he can LIE about that, what else might Barry Soetoro, a.k.a. Barack Hussein Obama, be LYING about???