yet another take on obamacare:
http://news.yahoo.com/obamacare-stil...070000003.html
some snippets:
ObamaCare places a tax on medical equipment manufacturers, to raise $20 billion for the federal coffers when it goes into full effect in 2013. As a result, some medical device manufacturers are already closing up shop or downsizing to reflect lower profits under ObamaCare. Some canceled plans for new U.S. plants, looking to other parts of the world. Many manufacturers have already announced significant layoffs, and most also look to other alternatives, including cutting research and development, and passing along the tax's costs to the patients.
The Congressional Budget Office just released new figures on the 10-year cost of ObamaCare. Starting in 2010, government began taxing for ObamaCare to build up revenues. So for the first four years, ObamaCare takes in tax money but does not start spending in any significant amount until 2014. This was a tactic designed to make ObamaCare seem more "affordable."
But even with this gimmick, the
CBO just doubled its original projections for the cost of ObamaCare. Now, the CBO pegs the cost to taxpayers at $1.76 trillion over the next decade. And, critics point out,
this price tag is only for the cost of insurance subsidies, Medicaid and CHIP (Children's Health Insurance Program). It doesn't include implementation or other costs, which will likely send the taxpayers' bill soaring past $2 trillion.
Obama said his plan would save American families $2,500 a year on their insurance premiums. The
new CBO report says premiums will rise 10 to 13 percent, and that up to
20 million people could lose their employer-provided health insurance every year from 2019 to 2022, a sharp revisal of its previous estimate of up to 3 million.
yes, look at all the ways it '
benefits' us.
03-22-2012, 12:43 PM
Threaded Mode