Help me argue against Obamacare? It's been a while since I read anything, and you always have good opinions and sources.
Well, it would seem it’s getting easier to argue against the Affordable Care Act as we approach November. Here are some news stories that are starting to sprout up:
• 115,000 Obamacare enrollees might lose their insurance coverage at the end of this month because their citizenship couldn’t be verified and another 363,000 could see their insurance costs spike because they may have not actually qualified for federal subsidies.
• The second shoe on insurance cancellations is about to drop this year on states like Virginia. The “if you like your plan, you can keep your plan” lie will skyrocket this fall as new Obamacare regulations force more businesses to drop coverage and take the penalty rather than pay extremely high premiums as a result. My business is actually weighing this option right now and I may lose my coverage come November. The White House of course delayed the employer mandate this year though. This of course was meant to keep pressure off of Democrats trying to get reelected.
• Obamacare is still costing far more than the pricetag we were promised. The CBO projects that ACA subsidies will rise 8 fold over the next 10 years.
Not only that, but Medicaid spending is also estimated to double during that time.
• Obamacare is still highly unpopular in this country…especially by the uninsured. That’s pathetic considering that was supposed to be main demographic this bill was meant to help. But in reality, we all know that it was about taking control of the private health care market and subsequently destroying it.
I can see why your upset, as the CNS article you quote points out, in 10 years we could spent ALMOST as much on Social Services as we do on Direct Military Spending. Nothing can upset the Right like something threatening their war toys.
Frank, that ship has sailed. HHS spends as much money in a year as the cost of War in Iraq in 7 years. Hell, the total cost of both wars by the CBO is projected to be around $2.4 trillion by 2017; between this year and then, Health and Human Services will probably be well over $3 trillion.
War toys? We’re just flushing the money at this point.
This what you talking about?
Well, that’s discretionary spending. I was referring to the mandatory spending that is bankrupting this country:
And just for visualization purposes, this is what discretionary spending looks like next to mandatory spending:
And let’s just say that the actually military budget, although still quite large, is still dwarfed by social programs:
My favorite piece of the pie, by the way, is the 1% that goes to “government.” That 1% still equates to $39 billion dollars…flushed by bureaucrats in D.C.