CBO: Dangerous Distortions

CBO projections are an illicit dance with the facts. Though it projects that 24 Million fewer people, in 10 years, will be without coverage, what they aren’t telling is that in 10 years, if Obamacare stays in place, 100% of Medicaid recipients will have nothing at all as the States will not be able to pay for the massive costs or will the Federal Government.

Here’s how bad it is: if Medicaid persists at the current rate of growth, in 10 years its cumulative costs will have added $2.6 Trillion to the deficit. In addition, if the Government keeps loading Medicaid with more and more beneficiaries, until they turn 65 and then are moved to Medicare, in less than 5 years there will be no private insurance market due to the current rush (by Carriers) to leave the bulk of the In-State markets.

What will remain, if at all, will be one or two national Carriers offering a single plan with deductibles and premiums so high only the extremely wealthy will be able to afford them. It’s a blunt force lie which asserts that Obamacare is Healthcare; it is not! It is merely a force-fed wingless albatross synchronizing the burden of providing healthcare to those who either can’t or don’t want to pay for it upon the defenseless taxpayer.

As is typical for Government-run/induced entitlements it creates a far greater burden than if nothing had been done. Remember, these folks that they are stating will lose coverage if Obamacare isn’t maintained, 85-90 percent of them are those that won’t be receiving free or subsidized healthcare, whereas all but 2 percent of those that remain will not be able to afford whatever coverage that might remain available.

But then again failure is what Americans have come to expect from a Predatory, Politically Biased Idiotaucracy! Like Sen. McCain, Sen. Schumer and Rep. Pelosi are the iconic standard-bearers for this rabid game of whoresmenship!

Curtis C. Greco, Founder

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