OBAMACARE WILL ONLY COST $50,000 PER NEWLY INSURED AMERICAN

How is the Savior doing?

Why isn’t this the lead news story on every mainstream media station in America? Why is the only story about this in a UK newspaper?

Obama declared in 2009 that Obamacare wouldn’t add one dime to the deficits. He was right. It is going to add AT LEAST $1.35 trillion to the debt over the next 10 years according to the usually wildly optimistic CBO. You can probably double that to get the real cost.

When Obama and his shills were propagandizing their healthcare plan to the ignorant masses, they declared that 30 million uninsured Americans would be insured. According to the CBO, 30 million Americans will still be uninsured in 2025, and we will have incurred $1.35 trillion of costs to insure some 25 million people over the next ten years. That is $50,000 per newly insured person.

And I don’t believe that either. The MSM and Obama keep blathering about 9 million people signing up for Obamacare. They aren’t newly insured. The majority have dropped plans they already had to get some “free” healthcare. Companies are booting people who had insurance to help their bottom lines and let the American taxpayer foot the bill.

Obamacare was a scam from the very beginning. It was sold to the American public with blatant lies, misinformation, and propaganda. How are you spending that $2,500 annual savings in healthcare premiums Obama promised in 2009?

The criminal class ruling this country will do anything to get what they want, pillage your wealth, and destroy the country. They even admit it:

“You can’t do it political, you just literally cannot do it. Transparent financing and also transparent spending. I mean, this bill was written in a tortured way to make sure CBO did not score the mandate as taxes. If CBO scored the mandate as taxes the bill dies. Okay? So it’s written to do that,” Gruber said. “In terms of risk rated subsidies, if you had a law which said that healthy people are going to pay in, you made explicit healthy people pay in and sick people get money, it would not have passed. Lack of transparency is a huge political advantage. And basically, call it the stupidity of the American voter or whatever, but basically that was really really critical to get for the thing to pass. Look, I wish Mark was right that we could make it all transparent, but I’d rather have this law than not.” – Jonathan Gruber – Obamacare architect

Hat tip Thinker

Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report

  • Stunning figure comes from Congressional Budget Office report that revised cost estimates for the next 10 years
  • Government will spend $1.993 TRILLION over a decade and take in $643 BILLION in new taxes, penalties and fees related to Obamacare
  • The $1.35 trillion net cost will result in ‘between 24 million and 27 million’ fewer Americans being uninsured – a $50,000 price tag per person at best
  • The law will still leave ‘between 29 million and 31 million’ nonelderly Americans without medical insurance
  • Numbers assume Obamacare insurance exchange enrollment will double between now and 2025 

It will cost the federal government – taxpayers, that is – $50,000 for every person who gets health insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.

The number comes from figures buried in a 15-page section of the nonpartisan organization’s new ten-year budget outlook.

The best-case scenario described by the CBO would result in ‘between 24 million and 27 million’ fewer Americans being uninsured in 2025, compared to the year before the Affordable Care Act took effect.

Pulling that off will cost Uncle Sam about $1.35 trillion – or $50,000 per head.

SCROLL DOWN TO READ THE REPORT

THE $2 TRILLION DOLLAR MAN: President Barack Obama was in India on Monday when the Congressional Budget Office reported the federal government's gross costs for a decade of Obamacare will be $1.993 trillion

THE $2 TRILLION DOLLAR MAN: President Barack Obama was in India on Monday when the Congressional Budget Office reported the federal government’s gross costs for a decade of Obamacare will be $1.993 trillion

PROMISES: Obama pledged in 2009 during a speech before a joint session of Congress that his health insurance proposal would cost $900 billion over ten years – a far cry short of current numbers

PROMISES: Obama pledged in 2009 during a speech before a joint session of Congress that his health insurance proposal would cost $900 billion over ten years – a far cry short of current numbers

The numbers are daunting: It will take $1.993 trillion, a number that looks like $1,993,000,000,000, to provide insurance subsidies to poor and middle-class Americans, and to pay for a massive expansion of Medicaid and CHIP (Children’s Health Insurance Program) costs.

Offsetting that massive outlay will be $643 billion in new taxes, penalties and fees related to the Obamacare law.

That revenue includes quickly escalating penalties – or ‘taxes,’ as the U.S. Supreme Court described them – on people who resist Washington’s command to buy medical insurance.

It also includes income from a controversial medical device tax, which some Republicans predict will be eliminated in the next two years.

If they’re right, Obamacare’s per-person cost would be even higher.

President Barack Obama pledged to members of Congress in 2009, as his signature insurance overhaul law was being hotly debated, that ‘the plan I’m proposing will cost around $900 billion over 10 years.’

It would be a significant discount if the White House could return to that number today.

Obama in ’09: Obamacare won’t add one dime to deficit

PRICEY: The federal government will spend $50,000 for each person recruited to buy insurance or neroll in free Medicaid through the Obamacare exchanges

PRICEY: The federal government will spend $50,000 for each person recruited to buy insurance or enroll in free Medicaid through the Obamacare exchanges

In that same speech, Obama claimed that there were ‘more than 30 million American citizens who cannot get coverage.’

$900 billion spent on those people would equate to no more than $30,000 each – less than two-thirds of what the CBO now says the program will cost when the dust settles.

The CBO and the Joint Committee on Taxation, a group of members from both houses of Congress, prepared Monday’s report on the overall direction of the federal budget.

They estimated that ‘the net costs of the coverage provisions of the ACA [Affordable Care Act] will rise sharply as the effects of the act phase in from 2015 through 2017.’

Those costs will ‘rise steadily through 2022′ before leveling off for three years, the groups’ economists determined. But even at that point, the Obamacare program will cost the governemnt ‘about $145 billion’ each year.

That number doesn’t include the insurance premiums and out-of-pocket health care costs paid by Americans – only the government’s role in implementing the law and paying for its guarantees.

And the law will still leave ‘between 29 million and 31 million’ nonelderly Americans without medical insurance, says the CBO.

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61 Comments
MOYB
MOYB
January 28, 2015 7:54 pm

Rand is a shill.

Anonymous
Anonymous
January 28, 2015 8:37 pm

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Bea Lever
Bea Lever
January 28, 2015 8:46 pm

Red vs Blue. Is for sheep

Faux (Fox) News. Is for sheep

Rep. Vs Dem. Is for sheep

*** Believing in this elite manufactured belief system soooo says YOU ARE A FUCKING SHEEP !!!

Anonymous
Anonymous
March 12, 2015 4:57 pm

We as a nation have no more use for the corrupt politicians looting,pillaging ,and constant propaganda.They know it too. IMO all the nsa and spying on Americans is because they know America is at a point of the”straw”Iceland imprisoned their bankers and corrupt politicians-We need to do the same