The true cost of ObamaCare

The true cost of ObamaCare

November 9th, 2009

By James Simpson, American Thinker

The Congressional Budget Office has estimated the 10 year (2010-2019) cost of the House Democrats’ bill at $1.055 trillion. As usual, there is so much budget gimmickry in these estimates as to make them virtually meaningless.

The Democrats are dishonest on so many levels about this healthcare “reform” it is almost impossible to untangle all their lies. Let’s start by clarifying some basic truths.

First, who pays for healthcare right now? That’s right, the taxpayers who foot the bill not only for their own healthcare, but for illegal immigrants, the poor and seniors as well. (Some seniors continue to pay a premium for Medicare but it still doesn’t cover all the costs).

Who is feeling the pain of the rapid annual growth in healthcare costs that the Democrats claim so desperately to want to fix? Right, these same taxpayers.

Some will argue that employers pick up most of the tab. That is true when employers offer healthcare policies to their employees, but it is an illusion. Businesses must make a profit to remain alive, so every cost they pick up is passed on to the consumer in higher prices. So, in reality, we pay.

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