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Seven million will lose insurance under Obama health law
Washington Times ^ | 2/5/13 | Steven Dinan

Posted on 02/05/2013 12:16:07 PM PST by illiac

President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.

CBO said that this year's tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they'll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

But the non-partisan agency also expects fewer people to have to pay individual penalties to the IRS than it earlier projects, because of a better method for calculating incomes that found more people will be exempt.

Overall, the new health provisions are expected to cost the government $1.165 trillion over the next decade — the same as last year's projection.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Editorial; Front Page News; Government; News/Current Events
KEYWORDS: democrats; government; govtabuse; news; obama; obamacare; socialisthealthcare
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To: Uncle Miltie

Like everything else, it will be explained fully as “totally unexpected”.


21 posted on 02/05/2013 1:13:07 PM PST by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: OKRA2012
They have destroyed a near perfect health care system and in the process will cause people to die.

The political class, most likely.....................

22 posted on 02/05/2013 1:18:07 PM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: I want the USA back

Notice the noise the e-pubs are making? Chirping like crickets.


23 posted on 02/05/2013 1:25:41 PM PST by luv2ndamend (Same party, different letter.)
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To: muawiyah

Exactly...they are trying to replace the money they stole from our senior citizens through the social security ponzi scheme.

This is why both parties want to allow 20 million more illegals in so they can tax them as well.

Remember it started at 1% then went to 7%, then became taxable, then your generation paid for the generation before you.

Now they are hosed and they don’t have the money...it was stolen through appropriations.

Governments do not produce ... they can only tax....so now we all have to pay the money back into the system that they stole over the years so we get things like mandatory insurance and massive amnesty programs


24 posted on 02/05/2013 1:25:59 PM PST by willyd
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To: KC_Lion
I pray there is a special place in Hell for him.

It's just around the corner from the L. Ron Hubbard wing.


25 posted on 02/05/2013 1:29:39 PM PST by Buckeye McFrog
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To: Buckeye McFrog
not only will the costs go up.....but the quality of care will go down...many good Doctors will quit...I bet we have Cuban doctors in 10 years....you will see the deevolution of our medical system..hospitals in disrepair...under staffed..dirty...and guess what...Obamacare has nothing in it about trial lawyers...so they will sue to high heaven..and shut many hospitals down...Medical tourism will become the big new vacation...
26 posted on 02/05/2013 2:01:22 PM PST by Youngman542012
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To: illiac

Prediction: Obamacare will not be repealed.


27 posted on 02/05/2013 2:13:57 PM PST by VRW Conspirator (Sometimes it takes calamity to lead to serenity - FReeper RacerX1128)
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To: KC_Lion

Yup good post


28 posted on 02/05/2013 2:18:58 PM PST by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: illiac

29 posted on 02/05/2013 3:28:42 PM PST by SoFloFreeper
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To: illiac
Instead, they'll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

A pretty good deal...if you're the government. Free money!

30 posted on 02/05/2013 3:49:50 PM PST by Cyber Liberty (Obama considers the Third World morally superior to the United States.)
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To: Venturer

It is against the law. But you need someone on the SC whose name isn’t Roberts.


31 posted on 02/05/2013 6:36:06 PM PST by Terry Mross (Who long before America is no more?)
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To: Youngman542012

Cubans, and Nigerians and El Salvador, etc. All hospitals will become mirrors of the VA.


32 posted on 02/05/2013 6:37:58 PM PST by Terry Mross (Who long before America is no more?)
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To: KC_Lion

I’m with you!

But hang around to see the looks on the faces when the healthcare workers who voted for _______ will be working for the government at extremely reduces wages. And they’ll see their parents and grandparents being sent home to die.


33 posted on 02/05/2013 6:39:52 PM PST by Terry Mross (Who long before America is no more?)
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To: Youngman542012
this is not a joke....our community hospital just lost its neurolgist...they won't come there anymore because they are not getting paid....so when someone comes in with eg a stroke, the ER has computer online exam thru a dr. about 1500miles away....

get used to it.....its over....its just all over...

try to stay healthy....for me and others, I've got to trim the pounds...exercize more...eat better ....because we're being thrown to the wolves no question about it...

34 posted on 02/06/2013 2:38:58 AM PST by cherry
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To: illiac

Over 300 people in the company I work for (including myself) lost our health care plans last week because of this new free system.


35 posted on 02/06/2013 3:24:41 AM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: illiac
Health coverage for all!!!

No, sorry, close but no cigar.

More like, "I got my healthcare from Obama! I got my free **** from Obama, he Santa Claus! Free ice cream!"

There's your low-information angle on it.

36 posted on 02/06/2013 3:56:09 AM PST by lentulusgracchus
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To: VRW Conspirator
Prediction: Obamacare will not be repealed.

Howell Raines made that call in 2008, the fix was in even before the election. That's why John Boehner refused to listen to the Tea Party people or give Michele Bachmann a leadership post even though she and Sarah Palin had handed him the Speaker's gavel in 2011 .....

The Business Roundtable and the Chamber want employment-based health insurance to go away, period, and Boehner is obeying them. Obama's the fall guy, but they'll all benefit.

That's what Raines said in October, 2008, and it's all coming true. As for Boehner .... he won't have any health insurance problems. He's all right, Jack, he and all the rest of those creatures up in DC.

37 posted on 02/06/2013 4:02:44 AM PST by lentulusgracchus
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To: KC_Lion

Oh, yes. We do have to claim him. Ugh. What a shame. He was a decent guy for a long time, but in the end, the Democrat came out.


38 posted on 02/06/2013 8:11:20 AM PST by gopno1
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To: illiac

39 posted on 02/06/2013 10:11:16 AM PST by pabianice (washington, dc ..)
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To: Uncle Miltie

Many of the “new jobs created” are due to companies gradually laying off full time employees and replacing them with part-timers.


40 posted on 02/07/2013 10:22:44 AM PST by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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