New Report Shows Obamacare Will Increase Health Insurance Costs
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- Created on Friday, 29 July 2011 08:42
While the debt ceiling debate hits fever pitch, as well as a brick wall, the Centers for Medicare and Medicaid quietly released an updated report on the cost of Obamacare. And it's not pretty, as we knew it wouldn't be. While it's admirable that liberals actually believe that creating a new entitlement program for 30 million Americans would lower costs, it certainly shows how disconnected they are from reality. The projected costs are irrelevant, as the alleged Patient Protection and Affordable Care Act has the potential to rival Social Security from an unfunded liability perspective. It's comical looking back at the lies from President Obama and top Democrats, who stated Obamacare would reduce the deficit.