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To: lacrew
Who pays the subsidy?

Theoretically, the young -- who are being over-charged. And those who don't choose to be insured -- and pay the penalty.

In actual fact, since the young won't choose to be insured -- because they are being over-charged -- and will choose the cheaper penalty, it will be the taxpayers who end up paying the subsidy.

Of course...

The GAO now estimates the total net cost of Obamacare to the taxpayers at 2.6 trillion over ten years (vs 0.9 trillion when the bill was passed). But it will end up being over 5 trillion by the time it's all said and done.

If this was all about insuring the uninsured, why, oh why, didn't we just buy them all a policy?

24 posted on 10/16/2013 3:12:01 PM PDT by okie01 (The Mainstream Media: Ignorance On Parade)
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To: okie01

Wow, I remember when this thing was scored to break even in the first ten years...shifting medicare ‘savings’ allegedly through stopping fraud and abuse.

Back then I asked...what about year 11.

Now its openly admitted to be a multi-trillion dollar loss?

Using governmentspeak, that means it will soon be an annual $trillion, give or take.


32 posted on 10/16/2013 3:54:25 PM PDT by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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