This Morning Bell is the final installment of a five-part week-long series on how Obamacare will affect you. Lost in all of last weeks headlines on how the Senate Finance Committee (SFC) finally delivered a health care product that the Congressional Budget Office (CBO) was willing to say would reduce …
In his September 9th address to Congress and the American people, President Obama acknowledged that, “my health care proposal has…been attacked by some who oppose reform as a ‘government takeover’ of the entire health care system.” The President attempted to refute this claim and defended the idea of a public …
Lost in the glowing coverage of the Congressional Budget Office’s “favorable” estimate of Sen. Max Baucus’ health care bill is an astounding fact: it doesn’t lower health care costs. Although the Congressional Budget Office estimates says the bill will reduce the deficit by $81 billion, CBO also says, “Cost is …
The Congressional Budget Office preliminary estimate of the Senate Finance Committee’s work is a devastating revelation. The bill is a platform for an enormous jump in federal spending, and yet it still leaves 25 million Americans without health insurance. The gross cost of new federal outlays increased from $738 billion …
Each of the health care bills moving through Congress expands Medicaid by making the government-run program available to all adults with incomes at or below 133 percent of the federal poverty line (PVL). The change would dramatically multiply eligible recipients: 33 states would see increases of at least 30%, including …
Just hours after the Senate Finance Committee completed its mark-up of its version of health care reform, Committee staff released a statement that announced, “[i]n a letter sent to Congressional leaders yesterday, Democratic governors affirmed their shared commitment to expanding health care coverage to millions of low-income Americans through the …
