Tuesday, March 23, 2010

ObamaCare: It’s voodoo economics, corrupt, dishonest and shameful

Ten inconvenient truths about Obamacare:

Here are 10 inconvenient truths that could dog the President as he attempts to sell his health care plan to the country:

1. The cost of coverage will rise for the middle class: A family earning $100,000 would end up spending nearly a quarter of their net income on health care.

2. Health insurance premiums will go up for nearly half of Americans: 57% get subsidized while 43% pay higher costs.

3. Health reform is unlikely to create new jobs: new taxes would kill 690,000 jobs per year.

4. Federal funding may cover abortion: The president cannot amend a bill by issuing an order, and the federal courts will enforce what the law says

5. Four million people will lose their employer-based plans due to federal mandates – and those will be forced to go on the new government plan.

6. Medicare will cut services along with costs…to the tune of $528 billion.

7. The bill will not pay for itself because eliminating the “doctor fix” which they will enact later – at a cost of $209 billion, makes the 10-yr deficit exceed $560 billion.

8. Higher Medicaid costs will gradually shift to the states…phased in but mandated!

9. Doctor shortages could lead to rationing…46% said they would quit or retire.

10. The bill raises taxes for many individuals and businesses…as much as 40%!

http://www.washingtonexaminer.com/politics/Ten-inconvenient-questions-about-Obamacare-88853462.html

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