Obamacare also promised to subsidize federally approved health care plans for anyone earning less than 400 percent of the poverty level -- or $92,200 for a family of four.
Prescribing Obamacare for our health care system was like prescribing cigarette smoking for a lung-cancer victim.
But the ultimate questions are moral, not fiscal. Will we pay our own way or bankrupt our children? Will we remain a free peoplem, or will we let government control some of the most important decisions in our lives?
In fiscal 2012, as the outlays for the Centers for Medicare and Medicaid Services hit $1.05 trillion, the federal debt increased $1.28 trillion.
The current federal debt of about $16.07 trillion is more than $143,600 for each of the 111.9 million households that were in the country in 2010.
When the government controls health care it does more than bankrupt our finances, it bankrupts our souls. Some of the earliest Obamacare regulations the administration released require some Americans to help other Americans pay for sterilizations, contraceptives and abortions.
Will a government that forces one American to help another take the life of a third make morally sound decisions about the practice of medicine when innocent lives are at stake? Will it respect individual liberty in lesser matters?
Of course not.