Its interesting that you would post this today.
This is from Blomberg News
More Good News on Obamacare, Just When Democrats Need It
By Joshua GreenApril 14, 2014
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Today the nonpartisan Congressional Budget Office released its latest Obamacare report card (pdf), and for supporters of the law, the news is good: CBO now projects that over 10 years the law will cover more people—25 million, up from 24 million—and cost a lot less—$104 billion less—than it had previously forecast.
This comes on the heels of the other recent bit of good news, that the law has exceeded its enrollment target of 7 million people. Last week, outgoing HHS Secretary Kathleen Sebelius told Congress that 7.5 million people had signed up during the open enrollment perioduntil
What accounts for the drop? One big factor is that insurance premiums wound up being about 15 percent lower than CBO had originally estimated.
Let's see, 320 million people, 7.5 million people signed up in 6 months. That works out to 2.3% of the population, sounds like a roaring fucking success to me........huh?
Let's see, 320 million people, 7.5 million people signed up in 6 months. That works out to 2.3% of the population, sounds like a roaring fucking success to me........huh?
Despite spending nearly $1.8 trillion in new spending from 2014 to 2023, the law falls far short of universal coverage. Indeed, Obamacare is projected by the CBO to leave 31 million uninsured after a decade of full implementation. (CBO’s May 2013 Estimate).
Remember when the ACA was passed, Democrats held the House and the Senate with a supermajority. In other words, there was no Republican limitations as to the ACA's passage and contents.
It's extremely ironic, but is seems we owe a great big thanks to the tea party for the supermajority and the Affordable Health Care Act, without their help, Mr Spector would not have switched parties.
The tea party really is the gift that keeps on giving.
Pat,
You might want to check up on what you said.
As I recall, President Obama wanted "universal coverage", that was what was originally planned and originally offered.
If Democrats actually had a "supermajority" we would have the much superior "universal coverage". But they did not have a supermajority did they? Republicans could still block its passage.
The health care act we finally received was a compromise with the Republicans, this bill falls short of the superior "universal coverage" because Republicans insisted!
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Pat you do remember that Obama ran on health care reform, the Democrats ran on Health care reform. The people elected Obama and gave them a majority on the House and Senate (but not a supermajority) because they wanted HC reform.
They then re-elected President Obama in a landslide!!!!
Get over it, its a done deal, more Americans signed up than was projected and the costs are less than projected.
Dispite the six years of non-stop propaganda, vitually all untrue, this will be a very popular and successful program.
Gerrymandering gave the House to the Republicans, not the popular vote!
Steve, I need to disagree with you. I have gotten to know Jim and consider him a friend. We agree on most things from a value standpoint but few things politically. But if you meet him, he is great company and it is a lot of fun to share a car race or an adult beverage with him.
While he is certainly enthusiastic in his support for the current regime in the White House, I believe him to be sincere albeit sometimes over the top. He'll admit when he's wrong and I think enjoys playing the role of agent provocateur especially given he is somewhat outnumbered on the forum from a political standpoint. Goodness knows he's not alone there.
I enjoy his posts and they have given me viewpoints that are a window as to the how the other half sees the world. If for that reason alone I believe his contributions worthwhile but in addition, he's funny and the reactions to him are often priceless.
So Jim, as far as I'm concerned, rant on!
And please, please, look at the video I previously posted. I'll buy you a beer if you don't laugh out loud!
https://www.youtube.com/watch?v=Hxwot4sGTrM