May 21, 2010
To be a Democrat is to swim in a sea of lies...
Hugh Hewitt, The True Costs and Consequences of Obamacare:
Today's Politico carries word that Nancy Pelosi and Harry Reid will soon try to rush through the "doctors' fix"--the long anticipated reversal of the pay cut for doctors on which the budget of Obamacare was balanced.Posted by John Weidner at May 21, 2010 3:53 PM
The price tag of the "fix" is $20 billion a year --which will no doubt grow in future years, so the cost of Obamcare is already $200 billion out of whack over ten years despite all the claims made when the bill was jammed through the House.
But that is not all. There's another $2.4 billion per year for hospitals in the new bill --another $24 billion to be added to the tab for Obamacare.
All of this was known --and denied by Obamacare boosters-- at the time of the jam down. And this is just the first wave of the costs of reality catching up with the rhetoric of "bending the cost curve" nonsense that was on the lips of every Obamacare proponent.
Other consequences loom. John Goodman writes in today's Wall Street Journal about the calculations now being done in every corporate office in America:...