MedPuddle

July 29, 2011

The “UnAffordable” Care Act

Filed under: Uncategorized — DoNP @ 6:40 pm

As the President postures to place the blame for the debt ceiling catastrophe on Republicans, the Centers for Medicare and Medicaid (CMS) issued their report on the economic impact of Obamacare or more officially, the Affordable Care Act. While the ACA may offer coverage to some 30 million Americans who cannot afford traditional health insurance and allow many to qualify for Medicaid who did not qualify before, the cost to our nation may well be beyond our means to pay for it.  It’s no wonder Tea Party’ers are holding the the debt ceiling hostage in exchange for meaningful spending cuts; but one has to question the liberals who say that the spending surge was really a Bush-era mishap inherited by Obama.  Clearly, the chart attached demonstrates that, beyond the $787B American Recovery and Reinvestment Act, introduced in 2009 AFTER Obama took office, supported and signed by him, and this unwieldy health spending bill, disguised as the AFFORDABLE Care Act, Obama is spending our nation into oblivion.

 

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