In 2009, President Obama insisted the individual mandate was not a tax. As ABC News pointed out, the only reason the law stands today is because “Congress has the authority to tax-something Obama maintained it wasn’t trying to do.”
Obamacare proponents frequently claim that the law will cover approximately 30 million people when fully implemented. However, how they plan to achieve this goal is rarely discussed. In addition to exchange subsidies, approximately 20 million individuals will be swept into a massive Medicaid expansion in 2014.
Health Care Costs and Impact on Americans
The nonpartisan Congressional Budget Office today released a long-term estimate of the growing share of the federal budget that will be consumed by federal health care programs.
Bearing out the infamous declaration that we would have to pass the health care law to find out what was in it, Congress and the American people have recently begun taking a closer look at a massive new spending program known colloquially as the Obamacare "slush fund." Created in the president’s health care law, it provides the Secretary of HHS with billions of dollars to spend on any program w