Posted on 10/17/2013 11:19:12 PM PDT by Tailgunner Joe
We know that premiums are going up due to ObamaCare—Americans are getting notices in their mailboxes every day. On Wednesday, Drew Gonshorowski of the Center for Data Analysis at the Heritage Foundation published research that shows exchange premiums are going up in all but five states. In North Carolina, for example, many consumers will find their premiums almost double when shopping on the government exchanges. The hardest-hit states, such as Georgia, Arizona, Vermont and North Dakota, will see premium increases of up to 150%.
Mr. Gonshorowski's research shows that the hardest hit by the increases will be young adults. "A state that exhibits this clearly is Vermont," he writes, "where the increase for 27-year-olds is 144 percent and the increase for 50-year-olds is still 60 percent, but far less. All states exhibit this relationship."
We also know that, once established, the cost of ObamaCare's new entitlements will not fall. Historical evidence suggests the opposite. Nearly 50 years ago, at the time of Medicare's enactment, it was projected that the federal government would spend $9 billion on Part A hospital services in 1990. Actual spending in that year totaled $67 billion—an increase of 644% compared with initial estimates.
Likewise, government officials originally projected that Medicare Part B physician services would require "federal appropriations of about $500 million a year from general tax revenues." Last year, the federal outlay for that program was $163.8 billion—overshooting the original estimate by more than 4,400%.
Given this track record, the Congressional Budget Office's projection that ObamaCare will cost "only" $250 billion (you read that right: a quarter-trillion dollars) a decade from now seems far-fetched.
There's a reason Senate Majority Leader Harry Reid recently claimed that ObamaCare will lead to a single-payer health-care system: It happens to be true.
(Excerpt) Read more at online.wsj.com ...
Jim DeMint in the senate was a voice for sanity and justice...now he speaks for the Heritage group....he let us down.
Wow.......Reading through these posts I see the naysayers are out full force!
Wonder if this how Cruz and Lee feel......from their own Party.
Negativity and giving up will get us nowhere.
We must go forward together.
Press on, Jim Demint!
He is the best steward of Conservative money. Heritage is a good conservative investment
Lots of bang for the buck
Rhetorical question...Where is he?
Bout time.
How about tour with Palin?
Ink is one thing, mixing it up in the streets with YouTube, other social media, MSM cameras and such is another.
Time to be a very loud fly in the ointment...or rather fly on 0bummer’s Kobe beef.
Ex-Navy Seal Speaks Out About Government Wants to Create Conditions to Impose Martial Law !
This is real, people. Not a conspiracy theory any more . . .
While this all infuriates me to no end, I think it’s hilarous that the 20 somethings, and the over 60’s are getting hit the hardest. I feel sorry for my sons,all in their 20’s. They didn’t vote for the idiot, but a whole lot of them did, so it’s just desserts. Hopefully, after the 2014 election, when a whole lot of Dem’s & Rinos are voted out of office by conservatives, we can get the thing repealed.
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2014 Election Cycle
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Sure you will....just like on everything else! Who are you kidding, Jim??
Jim DeMint......I think you guys should renew the campaign to sign & endorse the “Lee/Cruz” “Don’t Fund Obamacare” Petition. It currently holds about 2,097,000 signatures. With the continued highlighting on the total failure of Obamacare, i believe you now have the ability and opportunity to “really” focus the American on this Obama fiasco that will, if not stopped, destroy jobs and the American economy, itself.
WWW.DONTFUNDOBAMACARE.COM, Sign it today!!!
You have to consider the probable scenario, the left goes around moaning that they expect to lose control of both houses in 2014, this gives them a strange kind of “credibility”, then in the final days before November they say there is light on the horizon, they might just squeak out a win to keep the Senate. Then they put on the biggest vote fraud fiasco ever seen with electronic machines deleting R votes and replacing them with D votes.
You know he is not a Senator now and leads the Heritage foundation?
Yes.....but he said “we” and I was answering to that. :)
DeMint shut up. Really shut up.
Thank you that is a nice tool.
No we won’t.
Thank-you so much for the link!
You can tell who doesn’t follow politics by reading the comments on this thread.
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