President Barack Obama repeatedly promised the American people that his health care plan would reduce their health insurance premiums by $2,500 a year --- he also promised a tax cut for the botton 95%, to pull the US military out of the ME
they were all lies from a puppet with no spine On Oct 12, 4:51 pm, KRUB <[email protected]> wrote: > Throughout his campaign, and even in to the first few months in > office, President Barack Obama repeatedly promised the American people > that his health care plan would reduce their health insurance premiums > by $2,500 a year. It has been a while since President Obama made that > promise, and any honest look at the health legislation being > considered in Congress explains why. > > The Senate Finance Committee bill written by Chairman Max Baucus (D- > MT) (the Baucus bill) first drives up the cost of health insurance for > all Americans and then forces everyone to buy it or face tax penalties > or jail time. While the Baucus bill does cap out-of-pocket costs based > on a person’s income, the effect on American families is still > staggering. According to the Center for Data Analysis, the Baucus bill > would: > > For individuals making $34,140 (three times the Federal Poverty Level) > the Baucus health care proposal could mandate up to $4,097 in annual > premiums, a sum which could have been spent on over nine months of > food, almost four months of housing or well over a year of utilities. > > For a family of four making $69,480 (300% above poverty) the Baucus > bill mandates annual health insurance premiums of $8,338, which would > be worth the equivalent of over ten months of food, four months of > housing or almost two years of utilities. > > For individuals earning $45,520(400% above poverty) Baucus mandates > $5,462 for health insurance, or over a year of food, four months of > rent or a year and a half of utilities. > > For families earning $92,640 (400% above poverty) Baucus mandates > $11,117 in health premiums, the equivalent of over a year of food, > five months of housing or two years of utilities. > > And those numbers include the subsidies for health insurance in the > Baucus bill. To pay for all this new health care spending, plus the > massive expansion of Medicaid, the Congressional Budget Office > estimates that the Baucus bill will collect $4 billion in fines from > those who do not purchase insurance, $200 billion taxing health > insurance companies with generous health plans, and $25 billion in > taxes on employers. Not to mention the billions in cuts to Medicare > payments to hospitals which will result in significant cost shifting > to consumers. > > PricewaterhouseCoopers has done a study on what all these new taxes > and regulations will do to Americans health insurance premiums and the > results are not pretty. Instead of reducing the average family’s > health insurance premiums by $2,500 per year, as President Obama > promised, the Baucus bill would actually raise them by $4,000 more > than they would have been without reform. > > The Baucus bill spends at least $1 trillion, fails to cover all > Americans, taxes employers for creating jobs, and inflicts higher out- > of-pocket health care costs on all Americans. We can do better. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
