No abacus required: HCR will cost more says HHS American’s did the math long before the government did

WASHINGTON, DC—A new report out by the Department of Health and Human Services concludes HCR will actually cost more than projected. What’s more, about 4 million people will have to pay the $1000 fine for not buying coverage beginning in 2016 and the CBO finds it will fall squarely on the middle class.

This of course, isn’t news to the American people who still oppose the health care legislation by over 50 percent. The HHS findings state that while covering an additional 34 million will drive costs up $311 billion over ten years. Moreover, the Medicare cuts are estimated to paint red ink all over 15 percent of the nation’s hospitals and other institutional providers.

During that same decade, health care reform will cost $35 trillion and, shock! will actually increase health coverage premiums. The slight-of-hand, shell-game numbers given to the CBO just before passing HCR are quickly unraveling, and just as other government programs, will certainly cost more than originally projected.

Couple those rising costs and a nearly certain VAT tax, the American middle class’ wallets will be hit hard, the only redress voters have is at the ballot box this November and again in 2012.

-- Owen E. Richason IV

Chief Editor, Killswitch Politick

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New lows for the president and health care American’s discontent can be explained thusly: it’s the economy stupid

Rasmussen Reports has found that 58 percent of Americans are in favor of repealing Obamacare. That number is up from 54 percent just two weeks ago. This shows empirical evidence of what the anecdotal evidence purports by way of the town hall meetings and tea parties; moreover, it coincides with the latest Rasmussen numbers that show President Obama’s approval rating to have slid to 48 percent.

So what has caused such discontent?

Simple, it’s the economy stupid. Unemployment hasn’t shown any significant improvement, in fact the latest numbers and numbers soon to come won’t be an accurate representation because of thousands of temporary, non-benefit census jobs. Out of work American’s aren’t seeing anything on the horizon and those employed are apprehensive about rising health care premiums; not to mention the pain at the pump—gas prices are on the rise and could be over 3 dollars a gallon soon.

In the midst of several corporations disclosing the financial hit they’ll take now Obamacare is law, which means hiring freezes or workforce reduction, the president is holding a summit on nuclear proliferation and the next item on the Administration’s agenda is likely to be cap and trade—two agenda items that don’t have anything to improve the employment rate.

“Laser like focus on jobs”

-- Owen E. Richason IV

Chief Editor, Killswitch Politick

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