Taking a break from my stay here in Australia to share with you some news I read today.
Recently, my daughter, who now works in a Pharmacy, had a customer who was outraged because her birth control wasn’t free. Perhaps she had just read the Glamour News Article. My daughter didn’t know how to respond to that. I said my answer would have been, ” Ma’am, nothing is free.”
It was just the day after Obama signed into Affordable Care Act requiring new health insurance plans to cover women’s preventive services.
Birth control pills aren’t free. No matter what law Obama signs, SOMEBODY pays. The poor delusional lady doesn’t grasp that concept, much like the people of Greece are outraged that the money fairy stopped sprinkling money dust on their country. They never learned nothing is FREE and now when the country is out of money all they can do is wonder why and become violent.
In spite of what Obama has said, health care isn’t free either, and it’s going to cost much more than he predicted. We simply can’t afford it.
The Congressional Budget Office has extended its cost estimates for President Obama’s health care law out to 2022, taking in more years of full implementation, and showing that the bill is substantially more expensive — twice as much as the original $900 billion price tag.
In a largely overlooked segment of the CBO’s update to the budget outlook released Tuesday, the independent arm of Congress found that the bill will cost $1.76 trillion between now and 2022.
That only counts the cost of coverage, not implementation costs and other changes.
“The bill spends more than the president promised, it covers fewer people — probably 2 million fewer people — and it taxes more than was expected,” said Sen. Jeff Sessions, R-Ala., ranking member on the Senate Budget Committee.
The first estimates of the cost of the health care bill included three years before the bill even took effect, so there was little or no spending, making the full 10 years look less expensive. Sessions notes that the $1.76 trillion estimate includes only the costs of coverage, not implementation and other costs. He argues that all those drive the price up even further over the first full 10 years of the law.
“The full accounting of the bill is $2.6 trillion. That’s a fair and accurate analysis of what the bill would cost, according to CBO,” Sessions said, noting how the cost dwarfs the fight over the 10-year debt reduction plan debated last year.
“We spent a whole summer fighting over a way to reduce spending by $2.1 trillion and here this bill is going add $2.6 trillion more in spending.”
Budget watchdogs note that before the bill passed into law, Republicans warned the price tag was bound to go up — since the expenditures and receipts covered different time periods.