Missed deadlines by the Department of Health and Human Services (HHS) continue to show us the absent-minded way in which Obamacare was put together. Finishing the health care reform race “first” was more important to the liberals in Congress than finishing with “success.” Lawmakers hastily wrote and passed a book …
States have a lot to lose under Obamacare. Beyond representing a huge overreach of Congress’s constitutional authority, the new law includes several provisions that restrict states’ ability to reform their health care systems in ways that best serve residents’ specific needs. Obamacare requires all states to extend eligibility for Medicaid …
Elected officials in Washington finally seem to get it that something must be done to reduce federal spending. Last week, House Republicans unveiled a plan to cut $74 billion from President Obama’s budget request for this year, and members of the Republican Study Committee have proposed an even more ambitious …
Next week, President Obama will release his budget proposal for fiscal year 2012. Though the President’s budget carries no real legislative weight, it will showcase his financial priorities and the seriousness of his rhetorical commitment to rein in federal spending. A recent New York Times article by Jacob Lew, the …
In the wake of federal Judge Roger Vinson’s ruling that Obamacare’s individual mandate is unconstitutional, yesterday, the Senate Judiciary Committee held a hearing to further examine the issue. The individual mandate forces Americans to purchase a level of insurance deemed appropriate by the federal government or else pay a fine. …
New York Governor Andrew Cuomo (D) promised during his campaign that he would balance the Empire State’s budget without increasing taxes or borrowing. Left untouched, the state’s $135 billion budget would otherwise result in $10 billion in deficit spending. This week, Cuomo appears to have taken the first step to …
Last Thursday, Treasury Secretary Tim Geithner sent a letter extolling the impact of Obamacare on small business. Geithner touted small business tax credits and the creation of health insurance exchanges as ways to enable a greater number of employers to offer health benefits. But reality tells a different story. A …
Last week served up another dose of reality for Obamacare supporters. In addition to House committee hearings that exposed the negative effects of the new law, the Congressional Budget Office (CBO) released its new 10-year baseline, which unveils the “daunting economic and budgetary challenges” facing the United States. In 2011, …
