“I will discuss why the Affordable Care Act is much more likely to increase the deficit than
reduce it; explain how the mandates, taxes, and penalties that it imposes on insurers and employers will
increase health care costs and decrease employment; and conclude by exploring the negative effects of
regulatory uncertainty at a time when companies are ‘sitting’ on trillions of dollars in cash that could
be used for job creation.”
“The Society for Human Resource Management conducted the poll in late December, before a federal judge struck the law down and the House voted for repeal. At the time, 48 percent of respondents said they were waiting for more regulatory guidance on specific provisions, while 13 percent said they were hoping for full repeal.”
“So, even though states can’t afford their current Medicaid obligations, ObamaCare forced an extension of existing eligibility standards until 2014. Arizona is especially affected because it has some of the most generous Medicaid eligibility standards in the country. Rather than allow states like Arizona to cut back to the level of other states, ObamaCare freezes in existing disparities. Beginning in June 2011, Arizona’s share of its Medicaid program will increase by $700 million. The annual cost of this mandate is almost $1 billion.”
“In response to public opposition to enactment of the Patient Protection and Affordable Care Act (PPACA), President Obama assured Americans that if they were happy with their current health insurance, nothing in the PPACA would force them to change their coverage. This promise has been broken. Not only does the PPACA itself require changes in existing coverage, but regulations issued by the Administration further undercut the ability of Americans to continue with their current insurance plans. The rules are arbitrary and confusing.”
“A generation ago, New York governor Mario Cuomo was an Italian-American facsimile of Barack Obama: an unapologetic, eloquent spokesman for modern liberalism. Many on the Left regret to this day that he didn’t run for President in 1992, leaving the field instead to a centrist named Bill Clinton.
Last month, Mario’s son, Andrew, was installed into the Governor’s Mansion in Albany. And Andrew is getting some pretty lavish praise from…National Review and the Wall Street Journal?”