Two new studies highlight the growing concern that the true cost for Obamacare is greater than originally anticipated. Last week, a new report from the Office of the Actuary at the Center for Medicare and Medicaid Services (CMS) revised its estimates—exposing yet again that the new law will mean more …
As November approaches, Obamacare’s defenders are quite plainly desperate. They see public opinion solidly against them, and a devastating election fast approaching. Their latest gambit to protect what was jammed through Congress in March is to claim that repeal would be so costly to the federal budget that it would …
The long-debated extenders bill failed to pass the Senate yesterday by a wide margin (45-52). That’s good new for taxpayers because the bill contained $48 billion in new taxes, $126 billion in new spending and added $79 billion to the national debt. Despite yesterday’s setback, Senate leaders are undeterred and …
Health care reform was supposed to lower health care spending while expanding access for the uninsured. Instead, though Obamacare will cost taxpayers trillions, it will do little to address the rising cost of care. The government overhaul will not only have large and immediate negative effects for Americans of every …
The Obama administration continues to insist (see this post from White House budget director Peter Orszag) that the recently enacted health-care law will reduce the federal budget deficit by $100 billion over ten years and by ten times that amount in the second decade of implementation. They cite the Congressional …
