“The Congressional Budget Office says Obamacare needs at least 7 million customers to stay afloat financially”
all the irs needs now is to lean on/threaten those in the 20’s to sign up or else, and problem solved..
How does the funding work? Isn’t it the insurers who are going to take it in the shorts if not enough people sign up? The people actually signing up are more likely to be all the ones with severe health problems who maybe couldn’t get good or cheap insurance before. Isn’t it the insurers who need the young, healthy people to sign up to defray the costs of coverage for the sick ones?
I thought the Obamacare subsidies were funded through the individual mandate tax, medical device tax and other taxes which all take place even if no one signs up.
Nonsense. Even if they only get 50,000, our overlords in DC will just raise taxes to cover whatever is needed. And if the People are too broke to pay those taxes, the Fed will just buy the debt with more money.
Remember, there is no failed government program that can't be kept alive forever just by throwing more money at it.
““The Congressional Budget Office says Obamacare needs at least 7 million customers to stay afloat financially””
We’ve got through all this crap for just 7 million people?
That “lean on/ threaten “ aspect of the program for the young folks turns out to be more of a gummy bear than even a toothless tiger. The only means IRS has of collecting the fine for no insurance is to deduct the fine from any tax return that might be due. None. No other. They can’t tap checking accounts, can’t garnishee wages, can’t sue. Nothing. And that should lead to a huge re-filing of W-4’S to make sure witholding is minimal which in turn is a hit to the treasury’s normal interest-free “float”. Great FUBAR, Obamuzzie GREAT.