Posts Tagged ‘Obamacare’

The new health-care law wasn’t supposed to undercut employer plans that have provided most people in the United States with coverage for generations. But last week, a manufacturer told its workers that their costs will jump partly because of the law. Also, a governor laid out a plan for employers to get out of health care by shifting workers into taxpayer-subsidized insurance markets that open in 2014. While it’s too early to proclaim the demise of

ObamaCare - the way it was passed, its content and now its implementation - is the primary reason that small businesses are not recovering and hiring. Is there a way to make Obamacare worse? Yes, by giving the authorities loads of discretionary power so they can selectively exempt favored companies from the onerous rules. And that’s what’s happening right now. Bloomberg reports, Nearly a million workers won’t get a consumer

Thomas Sowell in National Review Online explains why the Left snuck more restraints on the sale of gold into ObamaCare.  The following is a passage from that article:  Whether gold is a good investment for individuals, and whether the gold standard is the right system for a country, are much more complicated questions than

This plunge in chief financial officer  (CFO) optimism in part reflects their expectations of much higher health care costs, especially since the worst law in American history was passed.  CFOs looked inside ObamaCare, and didn't like what was in it. Top concerns for U.S. CFOs include the federal government's agenda and weak consumer demand. U.S. CFOs, who expect to raise the prices of their products by 1.4 percent, are also worried about price pressure from intense competition.

Opposition to the new health reform law is continuing to grow in the states - just as Congress prepares for its final pre-election legislative session. Colorado, for instance, just placed an initiative on the ballot that would, if passed, block many aspects of Obamacare - including the requirement that individuals purchase health insurance. A similar measure was overwhelmingly approved by voters in Missouri last month. And several states recently announced that they don't

Obamacare did it.  It wasn't Greece's economic woes or the stalled economy.  Democrats are blaming everything except the worst law in history - Obamacare.  Jay Cost of Real Clear Politics shows why Jonathan Alter here and Politico here are in fantasy land.  Of course, Obama blames the minority! Nothing he did could have turned away the country. When will they see that it is what they have done, not what was "blocked" so they

We know that Congressional leadership lied to get the nightmare that Obamacare has already become passed.  Nancy Pelosi needed the CBO to tell her members that the healthcare law would reduce the deficit.  But as Keith Heneesey points out below, how many members would have voted for the thing if the CBO reported out that the new law would "raise taxes" by $525 billion and increase government spending by $410 billion - ouch.  Well, five months too late

This on the British National Healthcare System (NHS) service cuts from Investors Business Daily: According to the London Telegraph, the leaders of the National Health Service, Britain’s single-payer system, have secretly drawn up plans for restricting access to some of the most basic treatments for the ill. The most eye-popping of the cuts was this: *Plans to cut hundreds of thousands of pounds from budgets for the terminally ill, with dying cancer

When Republicans complained that the IRS was about to hire thousands of new agents to enforce the new mandates in Obamacare - the ruling class lied - again.  Read it and weep. National Taxpayer Advocate Nina Olson, who operates inside the IRS, highlighted the agency's new mission in her annual report to Congress last week. Look out below. She notes that the IRS is already "greatly taxed"—pun intended?—"by the additional role it is playing in