The Truth About the President's Energy Strategy—A Blueprint for Higher Prices
On the same day that The Washington Post reported that nearly two thirds of Americans disapprove of the president's handling of rising gas prices, the White House blasted out a progress report on the president's so-called "Blueprint for a Secure Energy Future," claiming credit for a number of successes in improving America's energy security. But the president's effort to take credit ignores the facts. Despite his "all-of-the-above" rhetoric, the president's energy policies have sought to reduce domestic energy production and failed to bring Americans relief at...
CBO Unravels Obamacare Budget Gimmicks: Cost of coverage increases along with penalties on individuals and job creators
The nonpartisan Congressional Budget Office today released new estimates on the cost of the president's health care law, revealing a shocking new sticker price of $1.8 trillion.
According to the report, the estimated gross cost of coverage for FY 2012-2021 has increased to $1.48 trillion, which is--"$50 billion higher than last year's projection." Some are already trying to present one side of the report and simply highlight a reduced net cost, but a closer look at CBO's analysis unravels how the Democrats used budget gimmicks to...
ICYMI: Report: Healthcare law cuts put Medicare Advantage benefits at risk in some states
Healthwatch - The Hill's Healthcare BlogBy Julian Pecquet
Seniors in a number of states risk losing their Medicare Advantage benefits because of cuts in President Obama's healthcare reform law, according to a new report from Avalere.
The law contains about $200 billion in direct and indirect cuts to private Medicare plans through 2017. Their effect would be felt unevenly throughout the country, however, because the additional benefits and reduced cost-sharing offered by Medicare Advantage plans vary greatly by state.
As of 2010, Avalere calculated, the average MA...
Playing Politics with the SPR
WASHINGTON, DC - As gasoline prices continue to climb, anxiety levels among American families and small businesses are rising as well. In response to the potential for panic at the pump, some Democrats are calling on the president to tap into the nation's Strategic Petroleum Reserve. Obama's Treasury Secretary Timothy Geithner suggested the administration is considering a possible release, telling CNBC on Friday, "There's a case for the use of the reserve in some circumstances, and we'll continue to look at those and evaluate...
Obamacare Mandate Could Mean Steep Fines for Employers who Freely Exercise Their Religion
The First Amendment ensures that Congress shall make no law prohibiting the exercise of religion. These protections have been reaffirmed by Congress and upheld by the courts throughout the history of our nation. However, a recent regulation imposed by the Obama administration turns that history on its head by requiring organizations, including religious organizations, to procure and pay for services that violate their religious and moral beliefs. The mandate sparked an outcry from across the ideological spectrum, and in response, the administration developed what it describes...
As Obamacare Mandates Kick In, Insurance Premiums Spike—Three States See 20 Percent Increases
Candidate Barack Obama promised to "lower premiums by up to $2,500 for a typical family per year." Instead, news reports today highlighted significant premium increases, with three states now seeing increases of at least 20 percent. Politico Pro reported, "HHS approved premium rate hikes of 26 percent in Alaska, 23.3 percent in Florida and 20.4 percent in Washington state, according to decisions posted on an HHS website. That's after approving a hike of 18 percent for a Montana insurer in November."
The Obama administration even admits the health...
Fact Check: Who Supports the Conscience "Accommodation"?
The Obama administration has claimed endorsements from religious organizations to convince the public that their "accommodation" for conscience rights restores religious liberties that are threatened by HHS' health care mandate. The only problem is, many of these organizations remain opposed to this threat to their First Amendment protections, and they have issued statements making clear that the administration's latest action is still "unacceptable" and "any representation to the contrary is false."
White House Press Secretary Jay Carney: And the organizations that will be most affected by this...
President's Silence on Entitlement Reform is Deafening
The USA Today editorialized yesterday, "History shows that presidential leadership is an indispensable factor in any serious attempt to get the federal budget under control." Unfortunately, instead of demonstrating that leadership with a serious proposal to get our fiscal house in order, President Obama has just proposed a budget that leaves our nation with a record-level deficit for the fourth year in a row. Trillion-dollar deficits have become so commonplace that these eye-popping figures that were once an attention-grabbing headline are now merely a fiscal footnote.