Toldjah So..ObamaCare By The Numbers
“But we have to pass the bill so that you can find out what is in it” Nancy Pelosi
The progressive Democrat leadership promised America that their overhaul of healthcare, adding an additional 30 million individuals into a government controlled insurance plan would cut costs and not add additional taxation to the middle class.
Two reports released last week confirm what critics have been carefully explaining – the overhaul of healthcare will increase costs at a higher rate.
A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama’s aim of expanding health insurance — adding 34 million Americans to the coverage rolls. But the analysis also found that the law falls short of the president’s twin goal of controlling runaway costs. It also warned that Medicare cuts may be unrealistic and unsustainable, driving about 15% of hospitals into the red and “possibly jeopardizing access” to care for seniors.
CBO estimates 4 million Americans will face Health care fines:
A separate Congressional Budget Office analysis, also released Thursday, estimated that 4 million households would be hit with tax penalties under the law for failing to get insurance.