More evidence Obamacare is a nightmare for taxpayers
In October, the Obama administration acknowledged that the portion of Obamacare that contributed the most deficit “reduction” — the CLASS Act, which created a new long-term care entitlement and allegedly was going to reduce deficits by $86 billion between 2012 and 2021 — was unworkable. The House this month voted to repeal the law, while the White House seeks a way to fix it. But the clear bottom line was that more than two-thirds of the $124 billion in promised deficit “savings” during these 10 years was unlikely ever to materialize.
Now, President Obama’s new budget finishes off the always-ludicrous notion that he could create a new, $1 trillion-a-decade entitlement and somehow reduce deficits. Avik Roy reports at Forbes:
The White House’s fiscal year 2013 budget adds $111 billion in exchange spending between 2014 and 2021, with even more spending to come in future years. … In 2021 alone, the difference between the two budgets is almost $20 billion, implying that exchange spending will be up by over $200 billion in the decade following 2021.
For the math-challenged: Subtracting $86 billion and $111 billion from an alleged deficit reduction of $124 billion equals a deficit increase of $73 billion. And this is the best-case scenario, as Roy goes on to explain:
If businesses do what the new health law clearly incentivizes them to do, exchange spending could be up by over $2 trillion in the decade following 2021.
The incentive to which Roy refers is the fact that Obamacare makes it relatively cheaper for employers to dump their health coverage, pay a fine and let employees use federal subsidies to buy health insurance in the federally mandated exchanges.
The costs for the most reckless piece of federal law in at least a generation only continue to rise, just as all of us who opposed Obamacare predicted. And the forecasts are only going to get worse with each passing year, if only because we are now burning through the years when Obamacare front-loaded new tax revenues before really adding new spending; that was another of the budgetary ruses Democrats used to create the fiction that Obamacare was fiscally responsible.
It is increasingly clear that taking the law completely off the books is the only way to avoid a true fiscal catastrophe.
– By Kyle Wingfield
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296 comments Add your comment
ragnar danneskjold
March 5th, 2012
11:11 am
In November we will have a choice: one candidate will favor keeping ObamaCare, the other will favor repeal. Not a hard choice for the 70% who favor repeal.
Opposition to Obamacare is A Solution Looking For A Problem
March 5th, 2012
11:15 am
@Do what??????
March 5th, 2012
10:41 am
“Good grief-you repub losers can’t let go of the birth control argument. Do you get your jollies constantly talking about it? Move on to more important things like job creation!”
Becky needs to get a job.
****************************************************
Good Grief….
You all brought it up.
WE had to listen to angry Republican men TALK ABOUT SEX and BESTIALITY (Santorum and that Montana Federal Judge).
They BEAT that BESTIALITY DEAD HORSE until the HORSE DIED AGAIN.
So don’t talk to us about keeping the conversation going WHEN YOU DO THEY SAME.
Opposition to Obamacare is A Solution Looking For A Problem
March 5th, 2012
11:17 am
@Do what??????
March 5th, 2012
10:40 am
“NEW POLL TODAY.”
Where is it?
***********************************************************
IF YOU ARE SO SMART………YOU FIND IT.
Lakeisha Jackson
March 5th, 2012
11:18 am
Nobody has ever really believed that Obamacare would reduce costs. Even the most fervent liberals (Cynthia Tucker, for example) who regularly put that nonsense forward knew that no big government change like that has EVER not ended up costing way more than originally claimed. They just believe it’s a benefit that’s will end up being worth the cost. That’s certainly an arguable point, though reasonable people can see both sides of that issue and know that there are logical arguments both pro and con. But nobody…no matter WHAT they might have pretended when it was being discussed…ever truly believed that it would not end up adding a huge amount to our deficit.
Tiberius - Your lightning rod of hate!
March 5th, 2012
11:19 am
Dirty Dawg, single-payer is nothing but a FUNDING mechanism, as in WHO pays the bills.
It shifts the payee, but doesn’t do ANYTHING to lower costs.
Lil' Barry Bailout (Unexpectedly Revised Downward)
March 5th, 2012
11:23 am
More evidence Obamacare is a nightmare for taxpayers
5:15 am March 5, 2012, by Kyle Wingfield
——————
A nightmare for the folks who play by the rules, get up and go to work every morning, and pay the nation’s bills.
A dream for the moocher class.
HDB
March 5th, 2012
11:31 am
For those who requested this:
Poll: Obama is gaining favor with women
Read more here: http://www.charlotteobserver.com/2012/02/28/3052182/poll-obama-gaining-favor-women.html#storylink=cpy
HDB
March 5th, 2012
11:34 am
……………and a second option:
Obama gaining approval among women
President Barack Obama’s approval ratings among women on handling the economy and unemployment has jumped by 10 percentage points since December.
As the Republican presidential candidates get ready for Super Tuesday, a new poll out shows President Barack Obama is making gains with one key voter group – women.
Obama’s standing with female voters is strengthening, polls show, as the economy improves and social issues, including birth control, become a bigger part of the national political discourse this election year, according to the Associated Press.
More from GlobalPost: Obama’s approval rating reaches 50%, says poll
An Associated Press-GfK poll suggests women also are giving the president more credit than men for the country’s economic turnaround.
Among women, his approval ratings on handling the economy and unemployment have jumped 10 percentage points since December.
http://www.globalpost.com/dispatch/news/regions/americas/united-states/120227/new-poll-shows-obama-approval-rating-gaining-wom
Opposition to Obamacare is A Solution Looking For A Problem
March 5th, 2012
11:37 am
@@Do what??????
March 5th, 2012
10:40 am
“NEW POLL TODAY.”
Where is it?
*********************************************************
IN CASE YOU COULD NOT FIND IT.
Oops THERE IT IS.
Posted: Tuesday, Feb. 28, 2012
Tuesday, Feb. 28, 2012 WASHINGTON Poll finds Obama is gaining favor with women
President Barack Obama’s standing with women is strengthening as the economy improves and social issues, including birth control, become a bigger part of the nation’s political discourse, an Associated Press-GfK poll suggests.
“Republicans are making a big mistake with this contraception talk, and I’m pretty sure that they are giving (the election) to Obama,” says Patricia Speyerer, 87, of McComb, Miss., a GOP-leaning independent. “It’s a stupid thing.”
Women also give the president more credit than men are for the country’s economic turnaround, the poll shows.
On overall approval, Obama gained 10 percentage points among women since December, from 43 percent to 53 percent.
Read more here: http://www.charlotteobserver.com/2012/02/28/3052182/poll-obama-gaining-favor-women.html#storylink=cpy#storylink=cpy
HDB
March 5th, 2012
11:38 am
Tiberius – Your lightning rod of hate!
March 5th, 2012
11:19 am
“Dirty Dawg, single-payer is nothing but a FUNDING mechanism, as in WHO pays the bills.
It shifts the payee, but doesn’t do ANYTHING to lower cost.”
If such is the case, why is coverage in France (which is considered #1 in health care) cheaper than the US…..that certain procedures are cheaper….and everyone has universal coverage?? I have a friend who lives in Paris….and she laments on what her coverage would cost if she moved BACK to the US…….
Opposition to Obamacare is A Solution Looking For A Problem
March 5th, 2012
11:39 am
@Lil’ Barry Bailout (Unexpectedly Revised Downward)
March 5th, 2012
11:23 am
More evidence Obamacare is a nightmare for taxpayers
5:15 am March 5, 2012, by Kyle Wingfield
——————
A nightmare for the folks who play by the rules, get up and go to work every morning, and pay the nation’s bills.
A dream for the moocher class.
**********************************************************************************
No…………. Its a NIGHTMARE for the BOW WOW CLASS.
Who let the dogs out?
Tiberius - Your lightning rod of hate!
March 5th, 2012
11:45 am
“If such is the case, why is coverage in France (which is considered #1 in health care) cheaper than the US…..that certain procedures are cheaper….and everyone has universal coverage??”
Because they don’t have a litigious society like we do, HDB. They do not perform unnecessary and extra test to avoid lawsuits to the tune of 30% increased costs. Do you not read what is posted earlier, or do you just ignore it because it doesn’t fit your world-view?
Viewpoints: Statins And Diabetes; Frightening Tobacco Warnings; The U.S. Dental Crisis | California Insurance Info Center
March 5th, 2012
11:51 am
[...] The Atlanta Journal-Constitution: More Evidence Obamacare Is A Nightmare For Taxpayers And the forecasts are only going to get worse with each passing year, if only because we are now burning through the years when Obamacare front-loaded new tax revenues before really adding new spending; that was another of the budgetary ruses Democrats used to create the fiction that Obamacare was fiscally responsible. It is increasingly clear that taking the law completely off the books is the only way to avoid a true fiscal catastrophe (Kyle Wingfield, 3/5). [...]
Jefferson
March 5th, 2012
11:58 am
Health care costs are high because of all the hands in the pot or in this case your pockets. Solutions don’t come to those who give up.
HDB
March 5th, 2012
12:09 pm
Tiberius – Your lightning rod of hate!
March 5th, 2012
11:45 am
The French do just as much testing as we do (according to my friend who lives there)….and the legal circumstances are just as prevalent…..but they are rated the #1 nation in terms of health care and health delivery. The something that differs is the national WILL to insure that everyone is covered rather than the Darwinian aspects of coverage that we have here…..
The national will needs to change!!
Tiberius - Your lightning rod of hate!
March 5th, 2012
12:10 pm
It would be nice, Jefferson, if some time you might consider backing up your statements with, oh, I don’t know – facts?
Tiberius - Your lightning rod of hate!
March 5th, 2012
12:15 pm
OH, they just “happen” to do the same amount if tests, do they? How does your friend know? Are they a doctor? Have they ever practiced here? Do they talk to doctors here?
The answer is – of course not.
You, sir, are making up that comment just to avoid looking silly in the face of facts.
And really, prove that the legal situation is just as prevalent in France as it is here. Tell us how people can sue their GOVERNMENT for improper health care. (This should be good . . .)
Do what??????
March 5th, 2012
12:18 pm
“IF YOU ARE SO SMART………YOU FIND IT.”
Ok, so you’re a liar.
Do what??????
March 5th, 2012
12:19 pm
“I don’t have to PROVE anything to you.”
Like I said, you’re a liar.
Do what??????
March 5th, 2012
12:19 pm
“Poll: Obama is gaining favor with women”
HAHAHAHAAHAH!!!!!!!!
Do what??????
March 5th, 2012
12:20 pm
“WASHINGTON Poll finds Obama is gaining favor with women”
WAPOST!!!! HAHAHAHAHAHAHAHA!!!!!!!!!!!
Do what??????
March 5th, 2012
12:20 pm
“If such is the case, why is coverage in France”
France is going bankrupt.
Dusty
March 5th, 2012
12:27 pm
This blog gives me the biggest laugh I’ve had in a while.
Kyle explains exactly how ObamaCare is a nightmare for taxpayers.
Now common sense had already told us that you cannot provide good “free” birth to death healthcare for every citizen in a country as big as ours. It is so obvious that it cannot be done. It will bring about bankruptcy and taxpayers know it.
Another reason we know Kyle has clearly explained the obvious, liberals are swarming here like a horde of locusts to prove that he is wrong. Our spend thrift leader has told them so and they believe that we can wipe out rich people and provide “free” lifetime healthcare for every citizen ( and contribute to the health of the world also. See HIV funds from USA.).
Keep up the sad comic act, dear liberals. Your desire for dependency on others is pitiful. Talk about the war against terrorism. (You’d rather lie down and wait for ‘em.) Talk about women loving the act of going broke. (Aint so!) Keep right on talking.
I can’t help but wonder at people acting like lap dogs waiting to be fed and cared for. It is so ignorantly sad that it gives a bit of comic relief. Woohoo!! Watch the foolish ones advocate for MORE freebies!
HDB
March 5th, 2012
12:32 pm
Tiberius – Your lightning rod of hate!
March 5th, 2012
12:15 pm
My friend knows because of her experiences….and she HAS talked to doctors here when she visits her father….and I’m trustung her experiences!
Doctors can be sued….and in certain areas, governments can be sued!!
French Lawsuits Being Filed for Vaccine “Poisoning”
Friday, 23 October 2009
A raft of lawsuits is about to be filed in France concerning the government’s mass “swine flu” vaccination campaign, with one civil case already deposited at a court in Grenoble, alleging a “real attempt to poison” the population is underway.
Similar charges are to be filed in other parts of France, including in Paris, Pau and Nantes, according to lawyer Jean Pierre Joseph.
“The goal is to stop what we consider to be an act of poisoning,” said Joseph
http://educate-yourself.org/vcd/frenchlawsuitsvaccinepoisoning23oct09.shtml
JKL2
March 5th, 2012
12:33 pm
Democrats passing something that is going to increase the deficit. Didn’t see that one coming.
Maybe they should look to their Romneycare template in MA to see what projected expenses will look like. I’m sure they will turn out different because obama is smarter than everyone else.
Rick
March 5th, 2012
12:35 pm
“Democrats passing something that is going to increase the deficit. Didn’t see that one coming.”
And 3 of the 4 GOP candidates will further increase the deficit. Did you see that coming?
getalife
March 5th, 2012
12:37 pm
It is willardcare.
Tiberius - Your lightning rod of hate!
March 5th, 2012
12:39 pm
Wow, HDB. One article on a lawsuit against France does NOT equal a litigious society.
Really. It doesn’t.
Tiberius - Your lightning rod of hate!
March 5th, 2012
12:40 pm
“It is willardcare.”
Even though it’s not.
Tiberius - Your lightning rod of hate!
March 5th, 2012
12:41 pm
Off to earn more tax dollars that my government can waste. Later!
HDB
March 5th, 2012
12:41 pm
Tiberius…..here’s another reason….:
http://www.washingtonpost.com/blogs/ezra-klein/post/why-an-mri-costs-1080-in-america-and-280-in-france/2011/08/25/gIQAVHztoR_blog.html?tid=pm_pop
Why an MRI costs $1,080 in America and $280 in France
There is a simple reason health care in the United States costs more than it does anywhere else: The prices are higher.
That may sound obvious. But it is, in fact, key to understanding one of the most pressing problems facing our economy. In 2009, Americans spent $7,960 per person on health care. Our neighbors in Canada spent $4,808. The Germans spent $4,218. The French, $3,978. If we had the per-person costs of any of those countries, America’s deficits would vanish. Workers would have much more money in their pockets. Our economy would grow more quickly, as our exports would be more competitive.
There are many possible explanations for why Americans pay so much more. It could be that we’re sicker. Or that we go to the doctor more frequently. But health researchers have largely discarded these theories. As Gerard Anderson, Uwe Reinhardt, Peter Hussey and Varduhi Petrosyan put it in the title of their influential 2003 study on international health-care costs, “it’s the prices, stupid.”
As it’s difficult to get good data on prices, that paper blamed prices largely by eliminating the other possible culprits. They authors considered, for instance, the idea that Americans were simply using more health-care services, but on close inspection, found that Americans don’t see the doctor more often or stay longer in the hospital than residents of other countries. Quite the opposite, actually. We spend less time in the hospital than Germans and see the doctor less often than the Canadians.
HDB
March 5th, 2012
12:44 pm
Tiberius – Your lightning rod of hate!
March 5th, 2012
12:39 pm
Here’s the question you asked from your 12:15:” And really, prove that the legal situation is just as prevalent in France as it is here. Tell us how people can sue their GOVERNMENT for improper health care. (This should be good . . .)”
You got an example…..logically, that counter example proves my point……the French government can and HAS been sued for bad health care……QED….
MarkV
March 5th, 2012
12:46 pm
Dusty @12:27 pm: “Now common sense had already told us that you cannot provide good “free” birth to death healthcare for every citizen in a country as big as ours. It is so obvious that it cannot be done. “
Dusty, why don’t YOU try to use some common sense? Please explain what the size of the country has to do with providing the health care.
Dusty
March 5th, 2012
12:47 pm
12:37
It is getalife’s goombah graciously given.
Lil' Barry Bailout (Unexpectedly Revised Downward)
March 5th, 2012
12:50 pm
HDB: If we had the per-person costs of any of those countries, America’s deficits would vanish.
——————-
If people paid their own bills instead of mooching off the productive, America’s deficits would vanish.
But then the Democrats wouldn’t have any way to buy the votes of the weak and the stupid.
Dusty
March 5th, 2012
12:53 pm
Dear Mark V
THINK, please. The bigger the country, the more people needing healthcare.
The more healthcare needed the more expenses mount.
The more expenses mount the more taxpayer money is needed.
When taxpayers cannot meet the need, there is huge borrowing (debt) or bankruptcy..
This is the path of government furnished healthcare. I don’t care to go that way.
getalife
March 5th, 2012
12:56 pm
When you run willard, willardcare will be out of the debate because both candidates are for the health care bill.
willard can’t say it because of you cons.
MarkV
March 5th, 2012
1:06 pm
Dusty @12:53 pm
Dear Dusty
THINK, please.
“The bigger the country, the more people needing healthcare.”
The bigger country, the more resources. Are they not proportional to the population? Are not the resources of the US proportionally even larger than of many smaller countries?
“The more expenses mount the more taxpayer money is needed.” The more taxpayers, the more taxpayer money available.
HDB
March 5th, 2012
1:11 pm
Lil’ Barry Bailout (Unexpectedly Revised Downward)
March 5th, 2012
12:50 pm
Shouldn’t you be saying this:
If trickle-down would have actually worked, then people could pay their own bills, workers would have much more money in their pockets, our economy would grow more quickly, as our exports would be more competitive, and America’s deficits would vanish. But then the Republicans wouldn’t have any way to buy the votes of the weak and the stupid who believe that the GOP is looking out for their interests but only look out for the wealthy!!
That’s moreso the truth!!.
Jefferson
March 5th, 2012
1:17 pm
It is true, belive it or not.
Lil' Barry Bailout (Unexpectedly Revised Downward)
March 5th, 2012
1:30 pm
HDB: Shouldn’t you be saying this:
—————-
No, because it makes no sense. Your thesis is that trickle down doesn’t work, but if it did that Republican voters wouldn’t vote Republican.
You went to public schools, right? Here’s a helpful suggestion for you–think before posting. That way, people won’t laugh at your stupidity.
JKL2
March 5th, 2012
1:54 pm
Rick- And 3 of the 4 GOP candidates will further increase the deficit. Did you see that coming?
Good thing obama has balanced the budget then…
Lil' Barry Bailout (Unexpectedly Revised Downward)
March 5th, 2012
1:56 pm
Rick is a Ron Paul supporter, and that’s OK. I like Ron Paul’s economic and fiscal proposals. If Paul is nominated, I’ll certainly vote for him in the general.
I hope we can count on Rick to support Obozo’s opponent in the general.
Rick?
JKL2
March 5th, 2012
2:08 pm
HDB- If we had the per-person costs of any of those countries, America’s deficits would vanish.
It’s a shame our doctors don’t have better patients to work with. We are the fattest, laziest society in the history of the world. People are to lazy to get off the couch to save their own lives. They think the doctor can give them a magic pill (which they’ll forget to take) and everything will be fixed. How dare they expect them to give up pizza, beer, and cigarettes.
Lisa
March 5th, 2012
2:09 pm
Now we know what was going on behind closed doors. A bunch of dim monkeys playing with themselves at our expense.
Scrap this monstrosity and start over!
JKL2
March 5th, 2012
2:12 pm
MarkV- The more taxpayers, the more taxpayer money available.
Demwit logic if I ever heard it. Why don’t we all just give everything to the government? I’m sure they will do a better job of taking care of me than I ever could…
DannyX
March 5th, 2012
2:23 pm
Kyle, you need to keep up.
It’s called Robamneycare now.
MarkV
March 5th, 2012
2:26 pm
JKL2 @2:12 pm: “MarkV- The more taxpayers, the more taxpayer money available.
Demwit logic if I ever heard it. Why don’t we all just give everything to the government? I’m sure they will do a better job of taking care of me than I ever could…”
I am willing, in spite of what td falsely claims, exchange arguments with someone who shows some sign of intelligence. JKL2 does not.
Lil' Barry Bailout (Unexpectedly Revised Downward)
March 5th, 2012
2:29 pm
JKL2 defeated MarkV.
Linda
March 5th, 2012
2:29 pm
Do liberals ever tell their children that an item is not affordable? Why do liberals not understand that the US is broke? Do they not understand that $1.49 T was added to the debt during Papa Bush’s 4 years, that $1.54 T was added to the debt during Clinton’s 8 years, that $4.899 T was added to the debt during Bush’s 8 years & that $4.836 T has been added to the debt during Obama’s 3 years? Do they not understand that the national debt is $15.463 T today?
The US has piled up the biggest debt in the history of the world. We borrow $168 M every hour. By 2021, the interest payments on the debt will be $1.1 T per year. Compare that annual interest payment to the entire debt added during Papa Bush & Clinton! The debt is rising by $4 B per day! In addition to the natl. debt, the unfunded liabilities for social security & Medicare are $118 T!
We are borrowing over 40 cents of every dollar we are spending. That means we can only afford 60% of our current expenses. We need to eliminate 40% of the existing fed. govt. That still leaves us with the debt. To begin to decrease the debt, we need to eliminate at least another 10% of the fed. govt. We need to slash the fed. govt. IN HALF!
Anyone with half a brain can understand that the natl. debt is unsustainable. It’s the worst threat to our natl. security. We’ve already been downgraded once & is only a matter of time before we get the axe. Look no further than Europe.
We cannot afford Obamacare. It’s that simple. It’s that obvious.