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ObamaCare's Ever-Rising Price Tag
The Wall Street Journal ^ | 06-03-10 | KARL ROVE

Posted on 06/02/2010 4:47:07 PM PDT by GOP_Lady

White House Senior Adviser David Axelrod argued earlier this year that health-care reform would become more popular after it passed, boosting Democrats in the midterm elections. "We have to go out and sell it," he told the National Journal, adding in an interview in Newsweek that "people [will] see the benefits that accrue to them."

That's not quite how it has worked out. ObamaCare is becoming more, not less, unpopular. The Rasmussen poll reported the week after health reform's passage in March that 55% of likely voters supported its repeal while 42% did not. A Rasmussen poll last month showed that 56% backed repeal; 39% did not.

Some may argue that President Obama has been able to extol the legislation's supposed virtues only sporadically, instead having to confront other challenges from the Gulf oil spill to foreign policy controversies. But the real problem is ObamaCare's substantive defects, some only now coming to light. Consider the April 22 analysis by Medicare's chief actuary, Richard Foster, which blasted to smithereens many of Mr. Obama's claims for the bill.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: obamacare; rove; wsj

1 posted on 06/02/2010 4:47:08 PM PDT by GOP_Lady
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To: 506Lake; AdvisorB; antivenom; angry elephant; Bernard; Blonde; BornToBeAmerican; boxlunch; ...


To be added or removed from the
"The Wall Street Journal" Ping List,
FReepmail
GOP_Lady.

2 posted on 06/02/2010 4:47:55 PM PDT by GOP_Lady
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To: GOP_Lady

enter HR3590 in the

> searchbox and look for summaries.

>

> Starting in 2011 (next year folks) your W 2 tax form sent by your

> employer will be increased to show the value of what ever health

> insurance you are given by the company. It does not matter if

> that’s a private concern or governmental body of some sort. If

> you’re retired? So what; your gross will go up by the amount of

> insurance you get. You will be required to pay taxes on a large

> sum of money that you have never seen. Take your tax form you just

> finished and see what $15,000 or $20,000 additional gross does to

> your tax debt. That’s what you’ll pay next year. For many it also

> puts you into a new higher bracket so it’s even worse.

> This is how the government is going to buy insurance for the15%

> that don’t have insurance and it’s only part of the tax increases.

> Not believing this I researched the summaries and here’s what I’m

> reading:

> On page 25 of 29: TITLE IX REVENUE PROVISIONS- SUBTITLE A: REVENUE

> OFFSET PROVISIONS-

> (sec. 9001, as modified by sec. 10901)

> Sec. 9002. “requires employers to include in the W-2 form of each

> employee the aggregate cost of applicable employer sponsored group

> health coverage that is excludable from the employees gross

> income.”

>

> Joan Pryde is the senior tax editor for the Kiplinger letters. Go

> to Kiplingers and read about 13 tax changes that could affect you.

> Number 3 is what I just told you about. Why am I sending you

> this? The same reason I hope you forward this to every single

> person in your address book. People have the right to know the

> truth because an election is coming in November.


3 posted on 06/02/2010 4:57:11 PM PDT by ncfool (The new USSA - United Socialst States of AmeriKa. Welcome to Obummers world.)
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To: GOP_Lady

I got a big glossy ad from Medicare telling me how wonderful Obamacare was, that I would have more doctors, less costs, less government in my decisions! etc.

I figure if they are still selling it they know it’s garbage and people hate it.


4 posted on 06/02/2010 4:57:28 PM PDT by I still care (I believe in the universality of freedom -George Bush, asked if he regrets going to war.)
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To: ncfool

that was debunked here a few days ago I believe. only a small percentage of us would be affected. I think it was below 10%. I’ll see if I can find the thread nc.


5 posted on 06/02/2010 5:01:58 PM PDT by bobby.223
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To: Caleb1411
October will see the first round of Medicare cuts. Up to half of seniors will lose their Medicare Advantage coverage (a program that allows seniors to receive additional services through a private health plan), or at least some of their benefits under this program. Watch for the administration to try to keep companies from notifying their customers of benefit cuts or premium increases before the election. Meanwhile, the Daily Caller website reported yesterday that the administration has missed deadlines for issuing four sets of regulations specified by the bill and lacks a master time-line for the other required regulations.
6 posted on 06/02/2010 7:39:36 PM PDT by rhema ("Break the conventions; keep the commandments." -- G. K. Chesterton)
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To: All

I hate Karl Rove because he laid the foundation for this to pass. Karl is one to talk when he or one of his cronies pressured some poor bureaucratic to low ball the estimates of the Bush Medicare Drug Prescription program.


7 posted on 06/03/2010 8:21:49 AM PDT by C19fan
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