Boy, the Obamacare fun just never stops. Today’s news comes from the CBO and The Washington Times – Obamacare could force 7 million Americans to lose their health insurance coverage. So much for the promise “If you like your insurance plan, you can keep it.”
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. (Read More)
Update: Linked by The Other McCain and Scared Monkeys – thanks!


[...] Increases, Spending Cuts To Avoid Sequester Hit & Run: Obama – Never Learn Not To Spend Lonely Conservative: Seven Million Americans Could Lose Health Insurance Thanks To Obamacare Legal Insurrection: Someday Everyone Will Be On A Kill List For Fifteen Minutes Flopping Aces: [...]
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[...] LIAR: If you like your doctor, you can keep your doctor, period! If you like your healthcare plan, you can keep your healthcare plan. period! [...]
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So since we had the last amnesty act in 2000, around 3 million slither over our borders each year illegally, not counting the alphabet soup VISAs. And the BHO defacto amnesty will allow chain migration of around 5 for each defacto. So 3 Million times 12 years=36 Million times 5 relatives =180 Million for “compassionate ObombaTaxCare” to collapse the system.
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[...] 7 Million Americans Could Lose Health Insurance – Lonely Conservative [...]
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Anybody who passed 5th grade math would intuitively know that you can not insure 30 million more people and reduce health care premiums. The “penalties” imposed for not providing health insurance are intentionally weak so Obamacare can move to the next platesu – a single payer system.
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