A Congressional Budget Office report on ways to reduce the deficit, released last week to help guide budget negotiators in the upcoming "grand bargain" talks, contains one eye-opening item. It turns out that the single biggest pot of potential deficit savings available to lawmakers is ... ObamaCare. In its list of "options to reduce mandatory spending" and cut the deficit, the CBO says that repealing ObamaCare´s massive insurance subsidies would cut federal spending by $150 billion in 2020 alone.
Let the governor´s take care of Obamacare. Make Obama cut entitlements.
My greatest fear is that Obama´s endgame is to weaken our military. He wants to destroy Israel and needs our military out of the way. This is why 1) he has deposed middle-east dictators to create a caliphate that is of one mind that can act in unison against Israel 2) he opposes drilling in the US - the middle east needs our money to keep up the terrorism.
You don´t need CBO geniuses to figure out cutting Obamacare would save billions.Wish I could make the money these people make figuring out something this obvious.
The original estimates on Obamacare were way off the reservation to begin. They only calculated what it would cost the government,not people. Note Denny´s 5% surtax for Obamcare. that´s costing people money not the government and it´s only a start.
When you composite everything,including higher consumer prices and job losses,this monstrosity will cost a trillion a year in different forms.You can´t even comprehend the domino effect. Suppose a person´s premiums skyrocket,that´s less spending money on everything else.Disposable income will be a thing of the past unless your in an Obama fair haired boy group.Union members who can afford it the most are excluded.How about a drug dealer raking in $10,000 a week. No above board income to tax or fine.
Obamacare: The single biggest lead weight around the neck of our country...ever...by design...rat-i-fied by dumbed-down, barely aware, vacuous, self-absorbed, cellphone-bribed, lazy, deadbeat, door knobs that can´t handle a sound bite over 10 seconds in length and white guilt-ridden, Birkenstock-wearing, bottled-water-drinking, Politically Correct, celebrity-obsessed, Liberal Lemmings determined to drag our nation down to the level of a rat-infested government housing project!
Privacy: Despite repeated assurances that the ObamaCare data hub is on schedule, a government audit finds that vital security measures to protect private information likely won´t be ready by Oct. 1. The implications are profound. As far back as December 2012, Obama administration officials were insisting that the data hub at the center of the ObamaCare exchanges was nearly finished. Yet all the while, they were pushing back deadlines or missing them altogether, to the point where, unless ObamaCare´s launch is delayed, millions of people´s privacy will be at risk.
The average price for the lowest-cost ObamaCare "bronze" plan in eight states is 122% higher than the cheapest plan currently available in those states, according to an IBD analysis of rate filings and a recent Government Accountability Office report. The late July report, largely overlooked by the press, provides detailed information on insurance plans today in all 50 states, from the cheapest plans offered to a 30-year-old nonsmoker to the most expensive plans 55-year-old couples can buy. A separate report from the Maryland insurance department lists the lowest-cost "bronze" plans proposed for ObamaCare exchanges in eight states. Comparing the two
More than 76,000 workers went on the federal government´s disability program in July, according to the latest data from the Social Security administration, bringing the total number of new enrollees this year to 534,038. Although that is down somewhat from the same month last year, enrollment in the Social Security Disability Insurance program remains sharply higher than it has been historically. Since 2009, an average of about 1 million workers have gone on SSDI annually — a 31% increase from the average enrollment over the previous 10 years. As a result, a record 8.9 million workers are now collecting disability benefits
Cost-Shifting: Looks like Detroit might get a federal bailout after all, by offloading its retiree health costs onto federal taxpayers via ObamaCare. It´s a window into why Obama-Care costs will quickly spiral out of control. On Sunday, the New York Times noted that Detroit hopes to push its younger retirees who aren´t yet eligible for Medicare into the ObamaCare exchanges, where many will be eligible for subsidized insurance. Federal tax payers will pick up the tab, rather than those in Detroit.
Mea Culpa: The president is planning a major speech in Illinois Wednesday on economic policy. You don´t need a crystal ball to predict what he´ll say. But here´s what he arguably should say. My fellow Americans, eight years ago, I stood here on the steps of Knox College to deliver a commencement address, and I took the opportunity to lay out my vision for economic opportunity. The speech was an indictment of President Bush´s idea of a go-it-alone "ownership society." The key to America´s greatness, I argued, came from government programs like Social Security
President Obama complained Thursday that "despite all the evidence that the (Affordable Care Act) is working the way it was supposed to for middle-class Americans, Republicans in the House of Representatives voted — for nearly the 40th time — to dismantle it." The line, part of a talk touting all the great things ObamaCare is already doing, got a chuckle out of the audience. But what Obama didn´t say is that he himself has signed three bills that dismantled chunks of ObamaCare.
The avowed purpose of the immigration bill passed by the Senate and pending in the House is to provide a "path to citizenship" for the illegal immigrants in exchange for tough new enforcement measures that would prevent other such incursions in the future. But buried deep within the immigration bill are hidden multimillion-dollar slush funds for left-wing nonprofit groups to provide services to the estimated 11 million illegal immigrants now in the U.S. Once enacted, the slush funds would total almost $300 million over three years and grow over time.
House Republicans plan to vote this week on a bill that would delay ObamaCare´s individual mandate, adding to the one-year delay of the employer mandate the administration already announced. It´s a smart political move, since the law has never been more unpopular. A Gallup survey finds that 52% now disapprove of ObamaCare, up from 45% last November. [snip] But even if President Obama were to sign an individual mandate delay bill into law — highly unlikely — it would be largely meaningless in terms of avoiding ObamaCare´s long-term health care and budget disasters.
In September 2009, President Obama promised the country that "I will not sign a plan that adds one dime to our deficits — either now or in the future." But it turns out Obama did sign such a plan — in fact, ObamaCare could add upwards of 180 billion dimes to the deficit in its first 10 years, an IBD analysis of various official budget reports found. According to the Congressional Budget Office´s initial forecast made in March 2010, ObamaCare was supposed to cut the deficit a total of $124 billion in its first decade.
Regulation: We don´t often find ourselves agreeing with what most lawmakers say, but this week was an exception when a congressman explained why he wanted to prevent a federal ban on traditional light bulbs. "If the new energy-efficient light bulbs save money, and if they´re better for the environment, we should trust our constituents to make the choice on their own to move toward these bulbs," Rep. Michael Burgess, R-Texas, said. "Let the market decide." Imagine that! Trust consumers. Let the market decide. A common-sense idea that expresses basic economic principles. But such simple wisdom...
The Health and Human Services Department earlier this year exposed just how vast the government’s data collection efforts will be on millions of Americans as a result of ObamaCare. Sen. Max Baucus, D-Mont., asked HHS to provide “a complete list of agencies that will interact with the Federal Data Services Hub.” The Hub is a central feature of ObamaCare, since it will be used by the new insurance exchanges to determine eligibility for benefits, exemptions from the federal mandate, and how much to grant in federal insurance subsidies.
When Regal Entertainment Group in April blamed ObamaCare for the fact that it was cutting some of its workers’ hours, backers of the law mounted a furious backlash against the theater chain, among other things filling its Facebook page with boycott threats. “Greed and selfishness make me sick,” one of them said. [snip] Yet while private companies are getting all this unwelcome and hostile attention, local governments across the country have been quietly doing exactly the same thing — cutting part-time hours specifically so they can skirt ObamaCare’s costly employer mandate
New Jersey Governor Chris Christie holds a narrow lead among Republicans for the party’s 2016 presidential nomination, but even more GOP voters say he’s the candidate they least want to see nominated. A new Rasmussen Reports national telephone survey finds that Christie earns 21% support when Republican voters are asked whom they would vote for if the party’s primary in their state were held today. Florida Senator Marco Rubio runs a close second with 18% of the GOP vote, followed by former Florida Governor Jeb Bush at 16% and Kentucky Senator Rand Paul with 15% of the vote.
Barack Obama delivered one gaffe after another in his August 6 interview with Jay Leno, but the networks that usually mock every mistake or slip of the tongue made by Republicans ignored the President´s verbal mishaps. ABC´s Good Morning America, CBS´s This Morning and NBC´s Today show, on Wednesday morning, all bypassed the chance to criticize Obama for: downplaying the threat of terrorism; falsely claiming Vladimir Putin once ran the KGB; placing the Atlantic coast cities of Savannah, Charleston and Jacksonville on the Gulf of Mexico; confusing the Winter Olympics with the Summer Olympics. First up, on the
Ending a war is a good thing. Killing civilians a bad thing. Deliberately targeting civilians is murder, and is never morally licit, even in pursuit of a good thing such as ending a war. The tens of thousands of Japanese non-combatants we killed 68 years ago this week with two nuclear bombs were not “collateral damage” of military strikes. They were the intended targets. We hoped that mass murder would bring the Japanese emperor to surrender. It worked, and American and Japanese soldiers’ lives were probably saved by it —
Last month we learned that Megyn Kelly was leaving her daytime anchor gig to take over a Fox News primetime slot. According to an “exclusive” Drudge Report flash this afternoon, that time slot will be 9 p.m. ET. “Superstar newswoman Megyn Kelly has landed the 9 PM slot, top sources reveal,” the Drudge Report wrote. “The shock announcement is set for later this month.” Fox’s 9 p.m. hour is currently helmed by Sean Hannity, leading to speculation over whether he could be out of a primetime gig. There are many possible outcomes from this lineup change,
In a move some claim is tantamount to social engineering, the Department of Housing and Urban Development is imposing a new rule that would allow the feds to track diversity in America’s neighborhoods and then push policies to change those it deems discriminatory. The policy is called, "Affirmatively Furthering Fair Housing." It will require HUD to gather data on segregation and discrimination in every single neighborhood and try to remedy it. HUD Secretary Shaun Donovan unveiled the federal rule at the NAACP convention in July. "Unfortunately, in too many of our hardest hit communities, no matter how hard
Retired 68-year-old US Army general and former NATO Supreme Allied Commander Wesley K. Clark has won yet another esteemed decoration — he is dating 30-year-old Shauna Mei, the founder of online retailer AHAlife.com. Clark, who was married to Gertrude Kingston Clark for 45 years before filing for divorce last year, is spending time with the young New York-based entrepreneur, who graduated from MIT and worked at Goldman Sachs as an investment banker before launching her luxury e-commerce site. Clark and Mei were spotted together recently in the Hamptons,
President Obama is slated to deliver a speech later this month commemorating the 50th anniversary of the March on Washington in which Martin Luther King Jr. gave his famous “I Have a Dream” speech. Obama will deliver his speech from the steps of the Lincoln Memorial — the same place where King spoke 50 years ago. The Let Freedom Ring ceremony will be held Aug. 28. "It’s obviously a historic, seminal event in the country. It’s part of my generation’s formative memory and it’s a good time for us to do some reflection,"
National Security Agency leaker Edward Snowden extended his 15 minutes of fame Wednesday, as headlines tied his saga to President Barack Obama’s decision to cancel a planned summit meeting in Moscow next month with Russian President Vladimir Putin. But analysts said the talk of Snowden’s role in the cancellation obscured a more basic reality: The U.S.-Russia relationship is now so frosty that it didn’t appear the two presidents would actually accomplish enough to merit such a high-profile meeting. After four years, the much-vaunted reset in U.S.-Russian relations has devolved into a chilly standoff over issues like the Kremlin’s support for Syria
Nanny State: If any question remained about the Obama White House´s appetite for running everyone´s life from Washington, it should be settled now. This administration even wants to dictate neighborhood makeup. Like your neighborhood? Don´t get used to it. The Obama Department of Housing and Urban Development might decide it wants to dictate changes. HUD is, according to Fox News, considering "a new rule that would allow the feds to track diversity in America´s neighborhoods and then push policies to change those it deems discriminatory." The proposed rule, disclosed last month by HUD Secretary Shaun Donovan at
The owner of a shop in Zurich where US talk show host Oprah Winfrey says she encountered racism has called the incident a "misunderstanding". Winfrey, one of the world´s richest women, claimed an assistant refused to serve her in an upmarket handbag shop. She was apparently told one of the bags on display was "too expensive" for her. Shop owner Trudie Gotz told the BBC that Winfrey was "absolutely allowed" to look at the $35,000 (£22,500) bag, which was kept behind a screen. "My salesperson wanted to give her the handbag in her hand. But she didn´t want
You can get a deconstruction of the media at many places. The people who visit the Treehouse want to see the entire context; The entire truth, as it presents. So here we go…. In any endeavor of corruption and misleading governance, the control of, and support by, the media, is an absolute necessity. The USSR needed Pravda to keep the ruse of governance for decades. The need of/by the U.S. government has steadily grown over the course of several progressive decades; but the urgency has increased exponentially over the past five years with the extremes
WASHINGTON—The White House announced that President Barack Obama will award the Medal of Freedom, the nation’s highest civilian award, to 16 recipients including television star and businesswoman Oprah Winfrey, legendary Washington Post editor Ben Bradlee and former President Bill Clinton. “The Presidential Medal of Freedom goes to men and women who have dedicated their own lives to enriching ours,” Mr. Obama said in a statement released by the White House. “This year’s honorees have been blessed with extraordinary talent, but what sets them apart is their gift for sharing that talent with the world.”