Saturday, April 24, 2010

Repeal or De-Fund ObamaCare

Well, we're 'finding out what's in it.' Thanks, Nancy.

The chief actuary for the Centers for Medicare and Medicaid Services, a division of the Department of Health and Human Services, has released a report showing that the new national health care law will increase health care spending in the United States beyond already unsustainable levels.

.....according to CMS, after the passage of ObamaCare, health care spending will eat more than one out of five dollars in the economy. Specifically, by 2019, health care spending is now projected to represent 21 percent of GDP, as opposed to an estimated 20.8 percent had the new law not passed. In dollar terms, that translates into $311 billion more in spending over the next decade

The report also mentions the Ponzi/CLASS scheme, the double-count of Medicare "savings" scheme, and the "delay-of-spending" scheme.

Repeal it. Failing that, de-fund it.

HT: AmSpecBlog

1 comment:

Disgruntled Car Salesman said...

Shocking. Absolutely shocking.

How will all the stupid, delusional, kool aid drinking anonymous liberals defend this?