Obamacare Program Costs $50,000 For Every American Who Gets Health InsuranceBy David MartoskoThe Daily Mail Jan. 26, 2015 |
U.S. Official Denies Report Trump Team Told Israel 'We Will Abandon You' If You Don't End Gaza War
Ben Shapiro, Mark Levin and Laura Loomer Warn of Foreign Influence... From Qatar
Eloy Adrian Camarillo, 17, Arrested in Shooting Death of Infowars Reporter Jamie White
Report: Hamas Says Witkoff Promised to Lift Gaza Blockade in Exchange for Edan Alexander
NYT: Trump Ended War With Houthis After They Shot Down U.S. Drones, Nearly Hit Fighter Jets
![]() ![]() The number comes from figures buried in a 15-page section of the nonpartisan organization's new ten-year budget outlook. The best-case scenario described by the CBO would result in 'between 24 million and 27 million' fewer Americans being uninsured in 2025, compared to the year before the Affordable Care Act took effect. Pulling that off will cost Uncle Sam about $1.35 trillion – or $50,000 per head. The numbers are daunting: It will take $1.993 trillion, a number that looks like $1,993,000,000,000, to provide insurance subsidies to poor and middle-class Americans, and to pay for a massive expansion of Medicaid and CHIP (Children's Health Insurance Program) costs. Offsetting that massive outlay will be $643 billion in new taxes, penalties and fees related to the Obamacare law. That revenue includes quickly escalating penalties – or 'taxes,' as the U.S. Supreme Court described them – on people who resist Washington's command to buy medical insurance. It also includes income from a controversial medical device tax, which some Republicans predict will be eliminated in the next two years. If they're right, Obamacare's per-person cost would be even higher. Read More |