Friday, April 23, 2010

Government Releases New Numbers on Obamacare Showing Costs Will Skyrocket

Hummmmm – seems like I heard the Republicans saying exactly what this new study says.

http://gatewaypundit.firstthings.com/2010/04/government-releases-new-numbers-on-obamacare-showing-costs-will-skyrocket/

Posted by Jim Hoft on Friday, April 23, 2010, 10:33 PM

The federal government released a new report on the cost of Obamacare and the results are troubling. The report comes from actuaries from Medicare and Medicaid. Medical costs will skyrocket rising $389 billion 10 years. 14 million will lose employer-based coverage. Millions will be left without insurance. And millions more will be may be dumped into the already overwhelmed Medicaid system. 4 million American families will be hit with tax penalties under this new law.

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