Obamacare: The $17 trillion surprise

[_bcspace]

http://dailycaller.com/2012/03/30/another-17-trillion-surprise-found-in-obamacare/

The extra $17 trillion gap was discovered by applying standard federal estimates and models to the law’s spending obligations, Sessions said.

For example, Session’s examination of the health care law’s “premium support” program shows a funding gap $12 billion wider that predicted.

The same review also showed the law added another $5 trillion in unfunded obligations for the Medicaid program.

“President Obama told the American people that his health law would cost $900 billion over ten years and that it would not add ‘one dime’ to the debt… this health law adds an entirely new obligation—one we cannot pay for—and puts the entire financing of the United States government in jeopardy,” Sessions said in a floor speech.

“We don’t have the money… We have to reduce the [obligations] that we have.”

[_Morley]

[_bcspace]

Notice also the unfunded medicare. Who to doctors and hospitals charge to make up the difference? Private insurance. So, insurance goes up and more people go on the government plan. That has been the modus operandi all along.

[_moksha]

Heck, this nightmare has already started. The Utah Legislature voted no on receiving any more medicare and medicaid funds for state residents.

I'm not sure if they will take up an emergency handcart bill, in the interrum session, to help deal with any partially ambulatory elderly and disabled residents during relocation. I assume that Utah Counties will be responsible for the remains disposal of those nursing home residents unable to make the trek.

[_Brackite]

I Posted a Washington Post News Article about the cost of 'ObamaCare' on this Thread.

Utah Elections and ObamaCare:
viewtopic.php?f=5&t=22847



BCSpace Posted on the other Mormon Discussion Board:


http://harndenblog.dailymail.co.uk/2012 ... acare.html

Obama felt so strongly about the issue that he even cut an ad attacking Clinton for her support of the individual mandate. "Hillary Clinton's attacking, but what's she not telling you about her health care plan?" the April 2008 ad asked. "It forces everyone to buy insurance, even if you can't afford it, and you pay a penalty if you don't."

Once in office, Obama changed his mind, telling CBS in July 2009: "During the campaign I was opposed to this idea because my general attitude was the reason people don't have health insurance is not because they don't want it, it's because they can't afford it. And if you make it affordable, then they'll come. I am now in favour of some sort of individual mandate as long as there's a hardship exemption." This volte face merited a "full flop" rating from Politifact.

The word from the Supreme Court is promising with five judges attacking it strongly. The main question is if Kennedy is feinting or not.

Worst of all for Obamacare supporters, Justice Anthony Kennedy, always viewed as the swing vote on the court, sounded like one of the most sceptical of all. "The reason this is concerning, is because it requires the individual to do an affirmative act," he said at one point. "In the law of torts our tradition, our law, has been that you don't have the duty to rescue someone if that person is in danger.

At other junctures he asked "Can you create commerce in order to regulate it?" and "So the Federal government says everybody has to join an exercise club?"

Link: http://mormondiscussions.forumotion.com ... was-for-it





Justices poised to strike down entire healthcare law:
http://articles.latimes.com/2012/mar/28 ... w-20120328