The Affordable Care Act, a k a ObamaCare, became law almost four years ago. It became operational last Oct. 1. Yesterday, Feb. 4, 2014, the ACA may well have been dealt its death blow.
The Congressional Budget Office released a major study of the government’s budget and its effect on the overall economy over the next 10 years. In dull bureaucratic language, it delivers a devastating analysis of the inefficiencies, ineffectualities and problematic social costs of ObamaCare.
The one-two punch: Virtually as many Americans will lack health coverage in 10 years as before the law was passed — but 2 million fewer will be working than if the law hadn’t passed.
One killer detail comes on Page 111, where the report projects: “As a result of the ACA, between 6 million and 7 million fewer people will have employment-based insurance coverage each year from 2016 through 2024 than would be the case in the absence of the ACA.”
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7 comments:
Well, if that's the case, repeal it now.
But seriously 1:10-you do realize that it isn't the case don't you?
The legacy of a failure.
Truth hurts. Repeal it.
Muhahahaha! They couldn't have figured all that out before it was passed... Even though it was projected? Idiots!
We all knew this BEFORE it was passed. You heard us shouting it from the rooftops. But you said because Obama is great, so should this Bill, and you let it go....
Not to worry, a new study or revised statement will come out next week with a totally new upbeat statement! The political class cares nothing about those who are getting shafted everyday without health care. Until you take the health care benefits away from every elected official right now, they will stay with obamacare right up until we go off a cliff, and they are hanging on the edge.
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