Obama’s Health Care Plan Will Have You Pay Less For Health Care By Paying More In Taxes

And more in taxes than you’re likely paying in health care costs now, because when the government runs things you that’s an additional expense for them to administer it.

NEW YORK (Fortune) — America is finally getting a detailed look at the sweeping, long-awaited health-care reform platform championed by President Obama. This week the Democrats have unveiled their two primary proposals — a 700-plus page bill in the Senate and the outline of the forthcoming version in the House that presents essentially the same blueprint for change.
The crucial question about Obama’s agenda has always been whether it really will slow the disastrous rise in health-care spending, or actually increase it while hiding the real costs of the new system. On analyzing the bills, the conclusion is inescapable: Obama promises Americans what appears to be a bargain by heavily subsidizing their premiums. But the only way to pay for what’s really outrageously expensive coverage will be huge tax increases, especially on the same middle class that’s being wooed as the chief beneficiary of reform.

So how big a tax hike will we need to pay for Obama to make our health care less expensive? Per legislation being drafted by Democrats in the House right now some $600 billion in new taxes. Keep in mind that the Bush tax cuts the liberals were complaining about as being excessive – the tax cuts they say caused deficits even though federal tax receipts went up after they were implemented – only amounted to about $113 billion/year.
Oh, and by the way, the House Democrats are saying that nationalized health care will cost much more than the $634 billion Obama is predicting.

June 12 (Bloomberg) — Health-care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid, Ways and Means Committee Chairman Charles Rangel said.
Democrats will work on the bill’s details next week as they struggle through “what kind of heartburn” it will cause to agree on how to pay for revamping the health-care system, Rangel, a New York Democrat, said today. He also said the measure’s cost will reach beyond the $634 billion President Barack Obama proposed in his budget request to Congress as a down payment for the policy changes.

So huge tax increases to pay for government being in charge of your health care so that they can make it more efficient and cheaper by rationing your access to it.
Sound like a bargain, America?

Tags: , ,


«
»
  • http://Array Jackass Jimmy

    That’s how socialism works… government control of all spending so that we don’t have to take responsibility for ourselves. It’s for our own good. Too bad all the sheeple don’t realize that the freedom that they demand depends on their personal responsibility.

    Guess it doesn’t matter anyhow. Anytime anyone has a chance to do whatever they want, they always spend it acting like someone else.

  • robert108

    The top nine insurance companies posted profits of 38 billion dollars. That is “profit”, as in after expense. (which I am sure are huge)

    Without profits, there is no economic growth, and without economic growth, there is no prosperity, and without prosperity, there is no way to pay for greedy govt and its bloated social engineering schemes.
    Profit is the consequence of efficiency in supplying the demand.
    East Germany was a toxic waste dump because there were no profits to pay for cleanup.

  • robert108

    Profit is the consequence of denying health care to those who demand it.

    Thanks for displaying your complete ignorance of the subject, as usual.

  • imagine

    The top nine insurance companies posted profits of 38 billion dollars. That is “profit”, as in after expense. (which I am sure are huge)

    There has to be a way to fix this system. Washington is not going to do it, yet 118 million Americans have stood up and said that they want a “single payer” system.

  • http://www.rabidamerican.net/ Rabid American

    I have a plan! My method of helping to pay for this monstrosity begins by raising taxes on all forms of entertainment, and especially the entertainment related incomes of the genius actors.

    This would allow the Holly-Weird elitists to put their money where their mouth is! We all know how much smarter they are than we “little people” and have such genius, and grandiose, ideas that are so good for us…….

    We could start the tax at a rate of 100% of any income above $85,000/yr. They would benefit from getting familiar with how the “little people” actually survive……..

    This would also be extended to ALL politicians in D.C.

    If these bastards want it, let’s get creative on how it’ll be payed for…….. Spread the wealth!

    How was that from Ol’ V.P. Joe?? “It’s time to step up to the plate!”

  • http://www.rabidamerican.net/ Rabid American

    This is the big step in controlling the populace. Control the medical attention and you control the lives………

    ENOUGH!

  • http://SayAnythingBlog.com The_Whistler_ofnd

    As if a government plan would offer any efficiencies or be better run.

    One thing to watch is how the post office uses their monopoly. They raise the price on first class mail to subsidize operations like package delivery that they have competition of.

    Or take welfare. It’s said that over 70% of the money meant to help needy people never gets to the needy. It’s sucked up in the bureaucracy.

    Or take Medicare. It’s profoundly more expensive than what the politicians promised even though they’re not paying providers what it costs to deliver needed services. The rest of us pick up that expense when we need medical services. It is in effect another tax on us when we have enough trouble paying our bills.

    If you don’t like Insurance companies profits then sign up with a non-profit insurance company.

  • Bat One

    So those of us who are satisfied with our healthcare coverage as supposed to fork over more money to subsidize those who aren’t? Not much of a bargain there. The government has never done anything efficiently, and nothing the government does ever costs as little as its proponents say it will.

    No thanks!

  • exceller

    higher taxes, fewer services, more government control of what we eat, drink, smoke, do. I can’t wait for this utopian society that democrats are ramming down our throats.

    HELLO 1984!!

  • http://SayAnythingBlog.com The_Whistler_ofnd

    All of these programs greatly exceed the costs that the proponents promise when they propose these plans.

    How about Barack the Incompetent fix medicare and social insecurity before he meddles with private insurance plans?

  • http://sayanythingblog.com/readers/author/realitybasedbob/ realitybasedbob

    They are not in the health care business for their health, ya know.

    Why shouldn’t they make money denying coverage and treatment?

    So what if someone dies because they were denied a test or an operation?

    As long as that multimillion and in some cases billion dollar bonus check is cashed, as is well.

    Heck, we are stupid enough to put up with it.
    It’s the American way, y’all.

    Where do I sign?

  • http://sayanythingblog.com/readers/author/realitybasedbob/ realitybasedbob

    Profit is the consequence of efficiency in supplying the demand.

    Profit is the consequence of denying health care to those who demand it.

  • http://sayanythingblog.com robport

    The top nine insurance companies posted profits of 38 billion dollars. That is “profit”, as in after expense. (which I am sure are huge)

    There has to be a way to fix this system. Washington is not going to do it, yet 118 million Americans have stood up and said that they want a “single payer” system.

    How dare these insurance companies profit by demanding a service to people who want it!

    Down with profits! Up with government!

    As for the 118 million Americans, they’re a figment of your imagination. And those foolish enough to want government health care will soon regret it once they’re waiting 3 years to get knee surgery.

    And once they’re paying Canadian-like taxes on everything.

    Leave it to liberals to come up with a “solution” for expensive health care that has people paying less for health care by paying more in taxes.

Create a SAB Readerblog


Recent Comments

Powered by Disqus

Blog Advice and Support
Installs and Upgrades
Theme Modifications
Custom Plugins
Theme Design
Conversions and Relocations
Hacked Site Recovery
Mobile Apps Development