Our Voices Arkansas

The Voices of Grassroots Conservatives Across Arkansas

Oct 26, 2013

Costs of Obamacare: A Train Wreck America Can’t Afford

So what if President Obama apologized and is trying to fix his Obamacare political mess this week?  Do you think he really cares? We are staggering over the money the Obama Administration is spending trying to force-feed their utopian dream of “healthcare rights for all Americans” down our throats. Obamacare must be repealed or neutered,...

by OurVoicesAR

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obama-costsSo what if President Obama apologized and is trying to fix his Obamacare political mess this week?  Do you think he really cares?

We are staggering over the money the Obama Administration is spending trying to force-feed their utopian dream of “healthcare rights for all Americans” down our throats.

Obamacare must be repealed or neutered, if only for the unbelievable costs to our barely recovering economy!

Making that point, here are just some of the overwhelming costs of Obamacare:

$2.6 Trillion: True Cost Of ObamaCare Once Fully Implemented. (Office Of The Speaker, 1/6/11)

$1.8 Trillion: Cost Of ObamaCare’s Coverage Provisions From 2014 To 2023. (CBO, 7/30/13)

$1.1 Trillion: Spending On ObamaCare’s Insurance Subsidies From 2014 To 2023. (CBO, 7/30/13)

$819.3 Billion: Total Taxes In ObamaCare. (CBO, 3/12; JCT, 6/15/12; CBO, 5/14/13; CBO, 7/30/13)

$716 Billion: Medicare Cuts Made By ObamaCare. (CBO, 7/24/12)

$317.7 Billion: Amount Of Income Taxes Collected Over 10 Years By ObamaCare. (JCT, 6/15/12)

$130 Billion: Penalties That Employers Will Pay Under ObamaCare. (CBO, 7/30/13)

$101.7 Billion: ObamaCare’s Tax On Insurance Providers. (JCT, 6/15/12)

$80 Billion: Cost Of ObamaCare’s “Cadillac Tax” On High Cost Employer-Sponsored Health Coverage.
(CBO, 7/30/13)

$80 Billion: PbamaCare’s CLASS Program “Zombie” Savings In The Federal Budget. (AP,10/8/11)

$45 Billion: tal Cost Of ObamaCare’s Mandated Penalties On Americans That Choose Not To Carry Insurance.
(CBO, 5/14/13)

$35.4 Billion: Savings Over The Next Decade If ObamaCare’s Individual Mandate Was Repealed. (CBO, 9/6/13)

$34.2 Billion: Taxes Imposed On Manufacturers And Importers Of Branded Drugs. (JCT, 6/15/12)

$29.1 Billion: Taxes On Medical Device Manufacturers. (JCT, 6/15/12)

$24 Billion: Tax On Flexible Spending Accounts. (JCT, 6/15/12)

$18.7 Billion: Funds Collected Through A Tax On Annual Out-Of-Pocket Medical Expenses. (JCT, 6/15/12)

$4.5 Billion: Penalties For Early Withdrawals From Health Savings Accounts. (JCT, 6/15/12)

$4 Billion: New Taxes On Americans Who Save For Their Health Costs. (JCT, 6/15/12)

$3.1 Billion: Taxes On Retiree’s Prescription Drug Plans. (JCT, 6/15/12)

$1.5 Billion: Cost Of ObamaCare’s Tanning Tax. (JCT, 6/15/12)

$50 Million: ObamaCare Medical Device Tax Cost To Zimmer Holdings, Inc. (Indianapolis Business Journal, 5/13/13)

$14 Million: ObamaCare Medical Device Tax Cost To The Cook Group. (Indianapolis Business Journal,
5/13/13)

12 Million: Americans That Will Pay The Individual Mandate Tax In 2016. (CBO,9/12)

7.9 Million: Americans Unable To Find Full-Time Work Partly Due To ObamaCare. (Bureau Of Labor Statistics, Accessed 9/16/13)

7 Million: Americans Who Will Lose Their Employer-Based Health Insurance Due To ObamaCare. (CBO, 5/14/13)

6 Million: Retirees That Will Lose Prescription Drug Coverage. (CMS, 2013)

800,000: Workers That Will Be Cut Out Of The Workforce By ObamaCare. (Politico, 2/10/11)

$400,000: Increase In Costs For Colorado Restaurant Owner Due To ObamaCare. (The Wall Street Journal, 7/14/13)

200,000: Hoosiers That Are Impacted By Higher Insurance Rates Under ObamaCare. (Indianapolis Star, 7/19/13)

110,000: IBM Retirees Losing Their Company-Sponsored Health Plan. (The Wall Street Journal, 9/7/13)

106,000: New Jerseyans To Lose Their Health Care Plan Under ObamaCare. (Star-Ledger, 8/18/13)

62,900: Shortage Of Doctors By 2015 Due To ObamaCare. (The New York Times, 7/28/12)

57,000: Californians That Will Lose Their Individual Health Care Plan. (The Wall Street Journal, 6/14/13;
Los Angeles Times, 7/2/13)

43,000: American Jobs Threatened By ObamaCare’s Medical Device Tax. (AP, 12/28/12)

28,000: South Carolinians Lost Their Health Care Plan Due To ObamaCare. (Charleston Post And Courier, 7/15/13)

20,000: Pages Of ObamaCare Regulations. (The Washington Post, 5/15/13)

This is only a part of the 6 pages in this Research Briefing, Republican National Committee, 9/16/13. The document also includes link to the supporting research.

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