I guess until our Whip-wielding House Dominatrix either wins or loses, we’re going to keep talking about Obama’s miserably un-American health care reform proposals. What sort of America do we want, Mr. President? Let’s just say, “not one with you and your cronies deciding what’s best for health care”.
UPDATE: ObamaCare has a 3.8% tax on investment income; further downward pressure on the ability of the economy to create wealth.
UPDATE II: Hennessey is taking the bill apart piece by piece. Its not a pretty picture:
…Spends money on doctors in 2013 and 2014, but leaves out the permanent fix, as expected. This means there’s another $300-ish B of Medicare spending that is not counted in this bill. So much for true deficit neutrality…
…Adopts a version of the President’s proposal for feds to regulate health insurance premiums in addition to States. Secretary of HHS could “review potentially unreasonable premiums and may take corrective actions, such as requiring the insurer to pay a penalty, denying or modifying the premium or ordering the plan to pay rebates to consumers.” What is a potentially unreasonable premium?? Congratulations, AHIP. You have made your industry a federally regulated utility. Have fun with that.
UPDATE III: ObamaCare will crush the middle class:
The hardest hit won’t be those earning more than $250,000 a year–the group that he says needs to “pay their fair share.” Rather, it’s families whose combined annual income is around $100,000 who could be crushed under this plan.
These folks will be too “rich” to qualify for ObamaCare’s subsidies, but probably too poor to easily afford the pricey insurance that the president’s plan forces them to buy.
Many of these $100K families will be obliged to buy a policy costing an average of $14,700 for the mid-level, “silver” health plan, according to the Congressional Budget Office’s estimates. After income taxes, they’ll be spending almost a quarter of their net income for health insurance.
This is not a bug, its a feature – its the way to pressure the middle class in to agreeing a single payer plan.
UPDATE IV: Catholic sisters come out against ObamaCare (PDF).
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