Specifically, Democrats have said their proposal would cost $848 billion over 10 years, but the true cost would be some multiple of that. Using Congressional Budget Office figures, Investor's Business Daily reports that only 1 percent of the spending would come in the first four years of the 10 years the Democrats are counting (2010-13). If you begin the 10-year calculation in the year appreciable spending would begin -- 2014 -- the cost would be $1.8 trillion. (Sen. Judd Gregg, it should be noted, estimates the costs for that 10-year period -- 2014-23 -- would be much greater, at $2.5 trillion.) Over the next five years (2024-28), the costs would escalate even faster, totaling $1.7 trillion.
In addition, the Cato Institute's Michael Cannon reveals another gimmick Democrats are using to understate the actual costs for the first true 10-year period. Obama, despite his campaign promises to the contrary, would force the voluntarily uninsured to purchase health insurance. Those mandated costs should be counted as a tax just as surely as if they were first paid to the government for distribution to the insurance companies. In fact, the CBO did score similar mandates as taxes under Hillary Clinton's reform plan in the '90s. But by treating these mandated costs as "off-budget," Obama hides 60 percent of the bill's total costs, according to Cannon. When all these gimmicks are correctly accounted for, says Cannon, "the total cost of ObamaCare reaches ... $6.25 trillion."
If all this weren't bad enough, be advised that Democrats have employed chicanery on the tax side, as well as the spending side. Dick Morris and Eileen McGann recently disclosed the Democratic trick -- contained in both the House and Senate bills -- to require states to cover a greater percentage of Medicaid costs, which would hit taxpayers just as hard but would come down technically as tax increases at the state level. The Heritage Foundation's blog, "The Foundry," also details a slew of new taxes decreed by Sen. Harry Reid's health care legislation, totaling some $370 billion over the next 10 years.
If you still don't believe Obamacare is about increased federal control rather than about cutting costs, you should review provisions in the proposed legislation that would result in federal micromanagement of all private health insurance. As "The Foundry" reports, "Like the others, the Reid bill would subject all private health insurance ... to detailed Federal regulation. These so-called 'insurance reform' provisions amount to a de facto nationalization of health insurance and they would produce that effect regardless of whether or not Congress creates another, new government-run health insurance plan."
But as depressing as Obama's relentless socialist assault on America is, I am continually lifted up by the fighting spirit of those who will never abandon the fight to preserve liberty.
Pizza Industry Vows to Continue Fight Against Obamacare’s Onerous Menu Labeling Regulation | Leah Barkoukis