Obamacare: $940 Billion becomes $2.5 Trillion
Posted: Sun Apr 04, 2010 8:39 am
Top 10 Disasters of Obamacare
President Obama recently signed gargantuan health care legislation into law that will have major ramifications for every man, woman, and child in the United States. This newly enacted law originates from the Senate health care bill (the “Patients Protection and Affordability Act”) and a sidecar reconciliation bill that originated in the House. Between these two bills are countless provisions that grow federal spending, increase burdensome taxes, and put federal rules and regulations between Americans and control over their health care.
Outlined here are the 10 major ways in which the Left’s so-called health care reform will hurt Americans:
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1. New Spending Grows the Federal Deficit
2. Bending the Cost Curve in the Wrong Direction
3. New Taxes and Mandates Hinder Economic Growth
4. Regulations Grow Government Control over Health Care
5. Expanding Broken Entitlement Programs
6. Burdening State Budgets
7. Neglecting Medicare
8. Creates Discrimination Against Low Income Workers
9. Exchange Eligibility Creates Inequity
10. Questions of Constitutionality
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The End of the Beginning
These disasters are only the beginning of the vast effects the President’s health care overhaul will have on the U.S. As bits and pieces of the law are implemented, its effects on states, businesses, and Americans of every ilk will become manifest. Congress and the American people should not view passage of the liberals’ health care package as the end of the debate on reform. Rather, the long and tedious journey toward restoring personal control over health care dollars and decisions is just beginning.