Taxpayers will pay over $53,000 per each person newly insured under Obamacare, according to a Daily Caller News Foundation analysis of the Congressional Budget Office data.
Last week’s highly debated CBO report found that Obamacare will cost slightly less than expected over the next decade. The budget office shifted its assessment of the health care law due to unexpectedly low premiums, which it attributed not to lowered costs but on “less attractive” health insurance offerings than it assumed would be available.
| "Won't Cost You A Dime" |
The Center on Budget and Policy Priorities, a liberal fiscal policy group, released its own analysis of the CBO findings Tuesday, concluding that the CBO had also cut the estimated cost of the Medicaid expansion on state budgets.
The CBO predicts that on average, federal taxpayers will now pay over 95 percent of the total cost of the Medicaid expansion. Fewer than expected Americans who were already eligible for traditional state Medicaid programs signed up for coverage while programs received free publicity due to the furor over the Medicaid expansion, leading to a lowered estimates of the Medicaid costs states will incur.
While states will be on the hook for less, federal taxpayers are still paying dearly for Obamacare and its Medicaid expansion, especially when the number of newly insured Americans is taken into account.Read the rest of the story HERE.
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8 comments:
Unreal.
-Martha
Folks with pre-existing conditions should just die already. Romney/Ryan 2016!!!!!!
....YAWN....
The Democrats used every trick in the book
to avoid actually paying for Obamacare.
__________________________________________
Obamacare a Catastrophe Like No Other
You cannot look at ObamaCare and call it anything but
a huge, historic mess.
__________________________________________
Obamacare has no legitimate funding mechanism
A thorough review of the Obamacares' financing problems
.
ObamaCare restricts choices and INCREASES COSTS.
It cut the Medicare Part A Hospital Insurance (HI) Fund
It double counts money taken from the Hospital Insurance (HI) Fund.
It cuts Medicare Advantage
It relies on politically unsustainable mandates.
There are other politically unsustainable or otherwise
• dishonest funding mechanisms in the bill.
Obamacare hurts businesses.
__________________________________________
The Democrats used every trick in the book
to avoid actually paying for Obamacare.
.
Hiding the true costs of the program
Obamacare is simply a stalking horse for single payer
__________________________________________
The Other Stealthy ObamaCare Menace
The Center for Medicare and Medicaid Innovation
exists to impose price controls and limit payments to providers.
The Center for Medicare and Medicaid Innovation
has flown below the political radar.
.
http://online.wsj.com/news/articles/SB10001424052702304279904579515690799077728
www.weeklystandard.com/print/blogs/conservative-case-against-obamacare-restatement_787111.html
. ·······
_____________________________________
HopeyChangey
We got lot of changes that we did not hoped for.
_____________________________________
Obamacare is Dying
Some people insist ObamaCare is here to stay.
Nonsense.
President Obama is dismantling it himself,
lawlessly hacking off provisions as they
become unpopular in order to
minimize Democratic losses in the fall election.
Health reform be damned.
http://betsymccaughey.com/obamacare-is-dying/
_____________________________________
Betsy McCaughey is author of
“Beating ObamaCare 2014.”
http://nypost.com/author/betsy-mccaughey
http://nypost.com/2014/04/13/the-next-obamacare-disasters
Betsy McCaughey
http://betsymccaughey.com
_____________________________________
Millennials who heard Obama say on “Between Two Ferns”
that they can buy a health plan for
the price of a cellphone contract
won’t be laughing when they realize
what the $5,000 deductible means.
http://nypost.com/2014/03/11/obama-brings-the-lols-on-between-two-ferns/
_____________________________________
Obama’s ever-growing
insurance-company bailout
http://betsymccaughey.com/obamas-ever-growing-insurance-company-bailout/
_____________________________________
Crickets
Long before the economic MELTDOWN,
the story of one woman who tried to
WARN about the THREAT to the Financial System.
And she tried to sound the WARNING. Nobody listened.
Before the TOXIC assets POISONED the economy,
she WARNED of their DANGER.
And that made her the ENEMY of
a very, very large number of people.
She would fight an EPIC BATTLE with
one of the most powerful men in Washington.
It got pretty nasty pretty quickly.
A story from inside the highest levels of
the Bill CLINTON administration.
They were all part of a very concerted effort
to SHUT HER UP and to SHUT HER DOWN.
And they did, in fact,
SHUT HER UP and SHUT HER DOWN.
_____
BROOKSLEY BORN, CFTC Chair, 1996 – 1999:
My law practice was in the derivatives area.
I'd practiced derivatives law for more than 20 years.
________
NARRATOR:
She was determined that her agency would
investigate fraud at the first opportunity.
One are that caught her attention was
a new and highly lucrative market,
Over–the–Counter DERIVATIVES.
She starts to realize that there's this
whole world out there of what are
called Over–the–Counter DERIVATIVES
that are essentially UNREGULATED.
It's not even that they're UNREGULATED,
it's that the government doesn't even know
what's going on.
NARRATOR: It was a $27 Trillion–market
happening out of sight, inside a black box.
BROOKSLEY BORN:
We didn't truly know the DANGERS
in the DERIVATIVES market because
it was a DARK market.
There was no transparency.
________
Procter & Gamble sued Bankers Trust, ...
The lawsuit set the stage for a stunning revelation.
It opened a window onto what was
really going on in the DERIVATIVES market.
NARRATOR:
And that's what frightened Born more than anything,
Trillions of dollars and the biggest banks
in the country OPERATING in SECRET.
If something went terribly wrong,
the high–stakes DERIVATIVES market could
take down the entire financial system.
As the market grew and morphed,
Born felt her agency would have to get involved,
but that would mean confronting Alan Greenspan,
Robert RUBIN, Timothy Geithner and Larry Summers.
NARRATOR: Brooksley Born was contemplating
the regulation of O–T–C DERIVATIVES.
The pushback is visceral and immediate,
and that's one of the striking things about this.
BANKERS just fall over themselves calling
Summers and RUBIN and Greenspan and everybody,
saying, "Get this LADY off our backs."
But the harder they pushed, the more interested Born became.
BROOKSLEY BORN:
They were totally opposed to it. That puzzled me.
You know, what was it that was in this market
that had to be HIDDEN ?
Why did it have to be a completely DARK market ?
So it made me very SUSPICIOUS and TROUBLED.
.
Born's CFTC agency was legally independent.
She reported to the president.
Robert RUBIN had no authority over her.
To stop her, he would call upon his allies
who sat with him on a secretive council
known as "the president's working group."
________
Born was taking the first steps
toward regulating OTC DERIVATIVES,
designing a document known as a "CONCEPT release."
In response, Robert RUBIN acted, calling
an emergency meeting of the working group.
.
Read the Transcript: [ part 1 of 2 ]
Brooksley Born, Alan Greenspan, and The Warning
www.pbs.org/wgbh/pages/frontline/warning/etc/script.html
________
________
Wall Street built a DOOMSDAY MACHINE
Turning Garbage into GOLD
http://upstart.bizjournals.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom.html?page=all
________
The Man who Crashed the World
The most sensational corporate collapse,
a collapse that would have led to the bankruptcy
of every major American financial institution
If it hadn’t been for A.I.G. F.P.
the Subprime-Mortgage Machine
might never have been built
www. vanityfair.com/politics/features/2009/08/aig200908?printable=true¤tPage=all
________
...zzzzzzzzzzzz
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