Hi Everybody, "In a Friday bad-news dump that was a whopper even by its own standards, the Obama administration added to the announcement of a near-record annual deficit and an escalation of undeclared war in Uganda the news that the CLASS Act, an ill-conceived adjunct of the Affordable Care Act, is no more. The upshot is this: Obamacare just got a whole lot more expensive than advertised, and there is reason to believe that its Democratic architects have long known this would happen.
"The Community Living Assistance Services and Support Act was the brainchild of the late senator Edward Kennedy of Massachusetts, and it was supposed to be a kind of Social Security that provided long-term care for the elderly. It figured heavily into the Democrats’ dubious accounting of the cost of the Affordable Care Act, and at the time of passage was expected to account for $70 billion out of a total $143 billion in “deficit reduction” claimed in the bill." http://www.nationalreview.com/articles/280225/first-class-what-next-editors "In other words, the United States Congress passed, and the president of the United States signed, a piece of politically convenient legislation that was essentially—that is, mathematically, logically—unworkable, and were either too foolish to realize it, or too cynical to care." What are the chances? I mean, not only the hopen-change guy but the Chap-of-Quiddick? -- Regards, Pete http://pete-theisen.com/ http://elect-pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
