Friday, May 31, 2013

#TrainWreck:ObamaCare a Boon for the IRS, Bust for Everyone Else

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Fully repealing President Obama’s health care law is a key part of the GOP plan for economic growth and jobs. But you don’t need us to tell you why scrapping the law would be good for our economy and good for the American people. Recent news reports make it pretty clear that ObamaCare really is a complete and total train wreck for just about everyone, and that it needs to go before it does more damage:
  • “Like your health care policy? You may be losing it”: Because of ObamaCare, “[m]any people who buy their own health insurance could get surprises in the mail this fall: cancellation notices,” says the Associated Press. This obviously contradicts the president’s famous promise that, “If you like your health care plan, you'll be able to keep your health care plan.”
  • “Many low-income patients will lose access to their doctors and medications”: Basic life changes like “getting married or divorced, having children or taking on a second job,” could create “mountains of paperwork or interruptions in healthcare,” says the Los Angeles Times. And “many low-income patients will lose access to their doctors and medications during this massive game of health coverage pingpong.”
  • Part-time employees get fewer hours, smaller paychecks: “Many part-time employees who work more (say, 35 hours a week) will lose hours” under ObamaCare, writes Robert Samuelson. According to a recent Gallup survey, “41% of small-business owners say they have held off on hiring new employees and 38% have pulled back on plans to grow their business.”
  • Low-skilled workers get a raw deal under ObamaCare: Many “lower-skill workers” might end up with “insurance that pays for the equivalent of oil changes (up to six a year!) but not for the equivalent of wrecked car,” says Michael Barone. They’d be stuck in plans that cover some routine costs but “wouldn't cover things such as surgery, hospital stays or prenatal care.”
  • Even unions are angry about the law: Unions aren’t just breaking from the president on Keystone XL – now “some unions leaders have grown frustrated and angry about what they say are unexpected consequences of” ObamaCare, reports Yahoo News – “problems that they say could jeopardize the health benefits offered to millions of their members.”
  • It “scares the daylights” out of small businesses: “Small businesses could see rates climb by 50 percent,” wrote The Hill, highlighting a recent survey of insurers by the Energy & Commerce Committee. These fears are already having a real world impact – “one in five (19%) have reduced their number of employees and essentially the same number (18%) have cut employee hours in response to the healthcare law,” says Gallup.
Yep, ObamaCare is a train wreck for everyone – everyone, that is, except the IRS …
  • ObamaCare “dramatically expands[s] the authority and size of” the IRS: Even though IRS officials have been “exposed for abusing power” by targeting conservatives and “caught in self-serving deceptions,” ObamaCare will “dramatically expand the authority and size of their agency,” writes Michael Gerson. “The largest tax law and social policy change in a generation will be imposed on a skeptical public by a government agency whose credibility is in ruins.”

Earlier this month, the House voted for the third time in three years to fully repeal ObamaCare, and several other bills repealing or defunding portions of it have already been signed into law by the president. Read more about the Republican Plan for Economic Growth & Jobs

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