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CBO: Seven Million Workers Will Lose Insurance Under Obamacare
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Brightwinger:MV8yMTI5NzE3XzM1OTQ4NzQ4XzExNDY4RDc0] [quote:Anonymous Coward 25214501:MV8yMTI5NzE3XzM1OTQyMDcxXzI5NDU5MEYy] The question is does he care ?. I do not think he does, my reason for that is he/they whatever put the bill together and got it passed. Thus they know what effects it will have. [/quote] Obama cares about the same amount as Mao cared when his first five year plan failed. His answer? Do another five years. Meanwhile somewhere in the neighborhood of 40 to 70 million either were murdered or starved to death. [/quote]
Original Message
President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.
CBO said that this year's tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they'll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.
[
link to www.washingtontimes.com
]
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