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Opinion Print Article | Email Friend | Reprint Permissions Obama's new budget calls for $30 million more in abortion funding by Elise Hilton Fri Apr 12, 2013 09:40 EST Comments () Tags: abortion funding, barack obama WASHINGTON, D.C., April 12, 2013 (Acton Institute) - Obama’s new budget is in. The usual political wrangling is taking place, but there are some undeniable facts about the budget. Taxes are going up (is anyone surprised?), but some of those taxes are “sneaky” ones on senior citizens designed to fund things other than their health. In all, the president’s budget will raise taxes by...

Setting up insurance exchanges — the centerpiece of President Obama's healthcare reform law — is costing the Health and Human Services Department a whole lot more than it originally expected. According to budget documents released Wednesday, the department expects to spend $4.4 billion on exchange grants to the states by the end of this year — double its estimates a year ago. The HHS is also asking Congress for another $1.5 billion to set up a federal exchange in 26 states. The department has cobbled together money from other programs to get started, but officials said they need another $800...

Jobless claims stopped their record-breaking, fearsome, FOUR-WEEK job-creation rampage today as the BLS reported that initial claim rose- again- by more than economists expected. “First-time jobless claims rose by 16,000 to 357,000 in the week ended March 23,” reports Reuters, “the highest level in more than a month, Labor Department data showed today in Washington. The median forecast of 48 economists surveyed by Bloomberg called for an increase to 340,000. The four-week average climbed from the lowest level in five years.” Economists, says Reuters, were expecting claims to come in between 330,000 at the low end and 355,000 at the...

Health and Human Services Secretary Kathleen Sebelius said Thursday that President Obama´s healthcare law has helped keep costs under control while providing new benefits to millions of Americans. The number of double-digit increases in healthcare premiums has dropped significantly in the three years since Obama signed the law, she said on MSNBC´s "Morning Joe." "What we´re seeing is costs really come down for the first time in a very ling time," Sebelius said. "Medicare costs are significantly lower than they were." Greater access to preventive medicine will help

An exhaustive study by three congressional committees delivers startling news about the dire effects of Obamacare: President Barack Obama’s signature legislation could increase health insurance premiums by over 200 percent and render insurance coverage unaffordable for millions of Americans. Broadly, the new report declares that Obamacare “breaks its core promise” to make healthcare coverage affordable. The report, “The Price of Obamacare’s Broken Promises,” was prepared by the House Committee on Energy and Commerce, Majority Staff; Senate Committee on Finance, Minority Staff; and Senate Committee on Health, Education, Labor and Pensions, Minority Staff. “Studies and analyses from the Congressional Budget Office,...

This was WAY back in 2010 http://www.youtube.com/watch?v=lUd-slJc-GY"...your employer, it's estimated, would see premiums fall by as much as 3000% which means they could give you a raise."Steve Gilbert had some fun with this: Let’s say an employer pays $4,000 in health care premiums for an employee. If his premium goes down 100% he will save $4,000 dollars. If it goes down 3,000% that is a savings of $4,000 x 30 which = $120,000. Which means that an employer will make a $120,000 profit on each employee’s healthcare insurance once Obama-care is passed. You can buy a lot of unicorns with...

A notice of our open healthcare enrollment had this statement through it repeatedly: "Increased due to the requirements in the Patient Protection and Affordable Healthcare Act..."

The Republican side of the Senate Budget Committee will later today release the following chart, detailing the rising projected cost of President Obama's signature legislation, Obamacare: The latest estimate, as the chart details, is that Obamacare will cost $2.6 trillion dollars in its first real decade. The bill does not fully go into effect until 2014, therefore the estimate begins with that year. "President Obama promised a joint session of Congress in 2009 to spend $900 billion over ten years on his health care law: 'Now, add it all up, and the plan that I’m proposing will

While the Supreme Court’s decision upholding the Obamacare law may potentially benefit some people, this is not good news for me and other small businesses. To preface, health-care premiums for my business have risen as much as 20 percent in a single year. In the last two years, the increases have stabilized as we’ve become larger and more adept at seeking out cost effective plans. If I thought that this plan would result in decreased health-care premiums, I might support it, but there is no reason to think that it will do this. One of the main reasons health care...

Million of Americans of modest means will pay more Several issues are being distorted in the wake of the Supreme Court’s contradictory, backdoor ruling that up-held President Obama’s health care law on a disputed word definition. Others are virtually absent from the discussion, such as who will pay the onerous penalty tax and what it will cost them if the uninsured refuse to obey Mr. Obama’s order to purchase medical insurance? It turns out, the court’s decision means Mr. Obama’s tax will fall most heavily on lower- to middle-income people whom he has vowed to shield from his proposed tax...

Take Your Medicine, America… Stephen Moore, Senior Economics Writer with the Wall Street Journal, told FOX and Friends this morning that nearly 75% of Obamacare costs will fall on the backs of those Americans making less than $120,000 a year.

Three days of Supreme Court arguments have left the fate of the 2010 health care reform law uncertain. What is certain, however, is that health care costs are continuing to eat away at consumers' budgets. The cost to cover the typical family of four under an employer plan is expected to top $20,000 on health care this year, up more than 7% from last year, according to early projections by independent actuarial and health care consulting firm Milliman Inc. In 2002, the cost was just $9,235, the firm said. The projected increase marks the fifth year in a row that...

The stated objective of President Obama’s socialized medicine law is to expand access to quality, affordable health care in America - hence the statute’s title, the Patient Protection and Affordable Care Act. As far as intended outcomes are concerned, greater access to lower-cost health insurance is certainly a desirable objective. Shrinking the ranks of the uninsured would produce a contraction of America’s welfare state, thus reducing taxpayer obligations associated with dependency. Meanwhile, lowering health care costs would create more disposable income, thereby stimulating the nation’s consumer economy. Clearly, these outcomes will not be achieved by Obamacare, though. Instead, this Orwellian...