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Wednesday, June 11, 2014

ObamaCare penalty to hit one million low-income Americans

Roughly one million low-income Americans will pay a fine under ObamaCare, according to the Congressional Budget Office (CBO).

The CBO estimated that four million people would pay the individual mandate penalty for not having health insurance by 2016 as a result of the president’s health care law, according to a report released last week,

“All told, CBO and [the Joint Committee on Taxation] JCT estimate that about four million people will pay a penalty because they are uninsured in 2016 (a figure that includes uninsured dependents who have the penalty paid on their behalf),” the report said. “An estimated $4 billion will be collected from those who are uninsured in 2016, and, on average, an estimated $5 billion will be collected per year over the 2017–2024 period.”

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7 comments:

Anonymous said...

This is when the crap will hit the fan. The same halfwits that were all jazzed up thinking they were getting something else for free will be rioting. Can't feel sorry for them. They voted for the abomination so they deserve to suffer greatly. Experience is the best teacher for those who are intellectually inferiour.

Anonymous said...

They were most likely the ones that voted for it in the first place. All I can say is, suck it up cupcakes, you got what you asked for.

Anonymous said...

wait a minute, this is supposed to be destroying the middle class not the low income. I guess he is being fair after all.. ha! Getting what you voted for Libratards...

Anonymous said...

Those people voted for change. Now they don't have any, or dollars either. Give Obama credit. He knew that Democratic voters were stupid and would be easy to brainwash, even twice.

Anonymous said...

It will just be a
"NO PAY AMNESTY"

Anonymous said...

ok fools think of it like this! Who is gonna pay for this? YOU AND I!!!!! You know the WORKING PEOPLE!!!! Those who have have not paid yet or don't have it - they will quit their jobs, they aren't working now, they are getting gov benefits, they wont pay a dime!

Anonymous said...

I'm not buying obamacare so i can receive healthcare from a bigpharma salesman