Did You Know...

   

CBO: Obamacare will push 7 million people out of job-based health coverage

Share
By Doug Powers  •  February 6, 2013 11:14 AM

**Written by Doug Powers

“If you like your doctor, you can keep your doctor…”

The end of that sentence, which was something like “…forever in your memory,” was conveniently edited out.

From the Washington Times:

President Obama’s health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.

CBO said that this year’s tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they’ll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

Obama, Pelosi and Reid love it when a plan comes together.

Don’t worry though, because thanks to the Affordable Care Act, if you lose your employer-provided coverage you can pick up the lowest level government family plan for around 20 grand a year.

The CBO also predicted that by 2023 — well into Joe Biden’s second presidential term — the national debt will be $26 trillion. To put $26 trillion into perspective, a decade from now, that will probably be enough money to pay the Obamacare premium for three families.

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus

While Obama was in Alaska staring down glaciers to stave off climate change, this was going on nearby

September 3, 2015 08:58 AM by Doug Powers

obamaglacier1

China gets a better vantage point to watch Obama perform miracles

Fast Lerner: Subpoenaed tech guy who worked on Hillary’s private server says he’ll plead the 5th (sound familiar?)

September 2, 2015 08:07 PM by Doug Powers

drebin1

Nothing to hear here.

Peer-reviewed study: Obama’s mixed messages contributing to climate change, mass confusion

September 1, 2015 10:19 AM by Doug Powers

obamaclosing

Spending ensues, no matter what (and that’s the important thing)

Peak pandering: Ahead of Alaska visit, Obama officially renames Mt. McKinley

August 31, 2015 07:48 AM by Doug Powers

obamapoint

“The mountain has spoken”

‘Degrade and ultimately destroy’ ISIS update: JV team ‘growing like crazy’

August 30, 2015 12:03 PM by Doug Powers

obamaisis1

Time to escalate the war on climate change


Categories: Afghanistan, Al Qaeda, Barack Obama, Feature Story, Iraq, Politics

Follow me on Twitter Follow me on Facebook