The most recent projections by the Congressional Budget Office show that the Affordable Healthcare for America Act (aka “Obamacare”) will cost $1.8 Trillion in its first, full decade of operation, beginning January 1, 2014. This is double the “$900 billion” first projected by the President.
As more states look into the cost of Obamacare for their citizens, it becomes clear that this is not “affordable” at all. Analysis has shown that the Act’s blizzard of regulations and mandates will drive up the price for individuals and families, who must buy it on their own. It is estimated that premiums will rise by 27% in Texas, 30-40% in Florida, and 64 to 146% in California! We will all pay more for our health insurance—except for the government and union workers who were stealthfully exempted, as the unread law was passed in the middle of the night by our elected “representatives.”
Families may face more than insurance-cost anxiety. The Los Angeles Times reported that “an estimated 2.3 million workers nationwide, including 240,000 in California, are at risk of losing hours as employers adjust to the new math of workplace benefits, according to research by UC Berkeley.” Further, Obamacare provides no consideration for moral issues of conscience, for healthcare professionals.
According to former South Carolina Senator Jim DeMint, “…Obama care is unfair. It is unaffordable, unworkable, and very unpopular.” He urges Congress to halt its implementation by withholding funding for the Affordable Healthcare for America Act in the next spending bill, which must be passed in September.
If opponents do not rise to that level of leadership, we at least we can be assured this Act will be administered in a transparent and accountable manner. According to ABC News, “The Internal Revenue Service official in charge of the tax-exempt organizations at the time when the unit targeted tea party groups now runs the IRS office responsible for the health care legislation.” May God help us!