HOW MUCH OBAMACARE COSTS THE AVERAGE FAMILY
Whether or not you now have health insurance, Obama’s healthcare bill will cost you dearly. If you don’t have insurance, you will be required to buy it. The legislation specifies how much you will have to pay for the coverage before any subsidy kicks in. All during the campaign, Obama kept speaking about affordable coverage. Now it appears that his definition of “affordable” might be a bit elastic.
* If your household income is $66,000 a year, slightly above the national average, Obama’s healthcare bill will require you to spend 12 percent of your income — about $8,000 a year or almost $700 a month — to buy health insurance before you get any federal subsidy.
HIGH PRICE OF OBAMACARE
Published on TheHill.com on October 13, 2009
Will a young, healthy, childless individual or couple buy health insurance costing 7.5 percent of their income, as required by Obama’s health legislation? Not until they get sick. Then they can always buy the insurance, and the Obama bill requires the insurance companies to give it to them. And if the premiums come to more than 7.5 percent of their income because they are now sick, no problem. Obama will subsidize it.
PESSIMISM: OBAMA’S POLITICAL ALLY
President Obama has won the peace prize, but nobody thinks he deserves the Nobel in economics. Despite $800 billion of economic stimulus and the accumulation of a $1.4 trillion deficit, he has been unable to lower the unemployment rate below 9.8%.
So why, after nine months of Obama, do voters, in the latest Rasmussen poll, still blame Bush – and not Obama – for the economic situation by 55-37? How can Obama skate by without having to account for the failure of his economic program?
THE NOBEL PRIZE TO OBAMA: EUROPE’S BID TO RE-COLONIZE AMERICA
Whether it was rewarding Jimmy Carter for criticizing the Iraq War or supporting Al Gore in his crusade against global warming, the Norwegian Parliament – which chooses the winners of the Nobel Peace Prize – has sought to use the award as a political tool to influence American politic s. Its prestige and moral power make the prize a potent weapon with which to help steer the direction of the colossus beyond the seas that controls a quarter of the world’s economy and most of its military power.
Now, the Norwegians have weighed in to support Barack Obama in his bid to reshape America so it looks more like, well, Norway, or at least like Europe.
TAX THE SICK: OBAMA’S NEW PLAN
Faced with a need to scrounge for revenue to fund his plan for health care, President Barack Obama and Senate Finance Committee Chairman Max Baucus have come up with a brilliant new idea: Tax the sick!
In a new amendment to the health care bill, they propose to limit the deductibility of medical expenses on income taxes.
Now, taxpayers may deduct any medical expenses that exceed 7.5% of their Adjusted Gross Income. Obama and Baucus want to raise that threshold to 10% as long as the taxpayer is under 65.
SNOWE AND LINCOLN WILL DETERMINE EVERYTHING
Published on TheHill.com on October 6, 2009
Watch how Maine Republican Olympia Snowe and Arkansas Democrat Blanche Lincoln vote in the Senate Finance Committee on the Baucus version of the Obama healthcare plan. As Snowe and Lincoln go, so will the Congress.
GOOD NEWS FOR TERRORISTS: DEMOCRATIC REVISIONS TO THE PATRIOT ACT
If only terrorists would be so accommodating as not to change cell phones, the new curbs on the Patriot Act being pushed by Democrats in Congress would not be so dangerous. But, unfortunately, even a book entitled Terrorism for Dummies would tell them to use multiple cell phones to plot their mayhem.
THE MOST SQUALID ‘REFORM’ DEAL YET
Published in the New York Post on October 2, 2009
Why is Congress so eager to cut $160 billion-plus from Medicare Advantage? The program does things that President Obama and other liberals normally praise. Is the cut simply the price charged by AARP (the American Association of Retired Persons) for overlooking the rest of the $500 billion in Medicare cuts meant to finance “health-care reform”?
