Despite unemployment fast approaching 10 percent, a new analysis shows the Democrats’ health care plan could force as many as 61% of small businesses who already provide health insurance and as many as 40% of large firms that already provide health insurance to pay a new 8% payroll tax. So, while Democrats tell the millions of employees who have coverage today not to worry, the reality…
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The non-partisan number crunchers at the Congressional Budget Office (CBO) were busy this weekend. In addition to fending off partisan attacks from the White House, CBO released two key findings after Congress left town Friday. The first concerned the President’s much ballyhooed Independent Medicare Advisory Commission (IMAC), while the second focused on the deficits caused by the House…
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In his prime-time press conference Wednesday night, President Obama said that, “If somebody told you that there is a plan out there that is guaranteed to double your health-care costs over the next 10 years, that’s guaranteed to result in more Americans losing their health care, and that is by far the biggest contributor to our federal deficit, I think most people would be opposed to…
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According to the Congressional Budget Office (CBO), the Democrats’ health care proposal includes over $1 trillion in new spending between now and 2019.
The plan includes more than $820 billion in job-killing tax increases on small businesses and families making as little as $18,700 per year over the next decade.
But even these massive new taxes aren’t…
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With Democrats holding the White House, a filibuster-proof majority in the Senate, and a House majority of over 50 seats who’s really holding up healthcare reform?
Do not be fooled by the President’s repeated attempts to create a Republican straw man for his health care troubles. Here’s a look back at some items that may come in handy before the President addresses the nation on…
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We know the House Democrats’ health care bill will increase federal spending “significantly.” We know it increases taxes by $820 billion despite an unemployment rate fast approaching 10 percent. We know those taxes will be paid by individuals making as little as $10,000 per year, small businesses, and manufacturers. We also know that over the next 10 years, the House Democrats' bill…
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Congressional Budget Office Director Douglas Elmendorf has stated that the House Democrats’ health care bill, “would expand federal spending on health care to a significant degree.” So much so that despite increasing taxes by $820 billion, in just five short years the Democrats’ planned government takeover of health care starts to increase the federal deficit. In 10 years, the Democrat…
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Taxpayers in 39 of 50 states would be subject to a top marginal tax rate of over 50 percent under the job-killing surtax in the House Democrats’ health care bill. The average top marginal rate in the United States would be higher than just three of the 30 most economically-developed countries. But given time, we are sure the majority will find a way to push every state to the top of the…
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Each year, Women & Children’s Hospital in Buffalo, New York, delivers 10 to 15 Canadian babies. One of those newborns that the Canadian government-run health care system had no room to help, was Ava Isabella Stinson, pictured above. When Ava was born premature (weighing only 2 pounds and 4 ounces), the “lack of any empty beds in a neonatal unit” forced her parents to seek…
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According to the National Retail Federation, which represents an industry with more than 24 million employees – about one in five American workers – the House Democrats’ health care bill poses a serious threat to employer sponsored insurance and job creation. While voicing continued support for health care reform, the NRF detailed its concern about the House Democrats’…
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