In today’s edition of The Heartland Daily Podcast, Kenneth Artz, managing editor of Health Care News speaks with Seton Motley. Motley is the president of Less Government, a DC-based non-profit organization dedicated to reducing the power of government and protecting the First Amendment from governmental assault. Motley and Artz discuss the ongoing meltdown of the Oregon state health insurance exchange.
As I previously discussed in Townhall Finance, real and sustainable private investment is being held back in large part due to the regime uncertainty caused by such regulations as Dodd-Frank, Obamacare and climate change. In fact, I first pointed this out publicly as one of the guest speakers at a large Tea Party rally on Tax Day 2010 in Appleton WI.
“Policy wonks sit around a table in Washington, DC and make ambitious plans for ruling the world without any understanding of what it takes to run a business, in this case, a health insurance exchange.”
Prior to the Affordable Care Act’s (ACA) passage in 2010, President Barack Obama spent month after month traveling across the United States to reassure Americans the vast right-wing-manufactured conspiracy theories[…]
How much more ObamaCare failure must mount in a titanic heap – before Congress decides to get more involved? A Congress given in 2014 a bi-cameral, bigger and deeper Republican majority – because of ObamaCare.
While the nation eagerly awaits the Supreme Court’s ruling in King v. Burwell, a case brought by an unknown Pennsylvania tax collector has quietly made its way to the U.S. Court of Appeals for the District of Columbia and has the potential to end President Barack Obama’s most important piece of legislation, the Affordable Care Act.
Commenting on the rioting in Baltimore, the Wall Street Journal’s Daniel Henniger was almost to the end of his April 30 text when he said “On Wednesday morning, the year’s first-quarter GDP growth rate came in—0.02%. Next to nothing. For the length of the Obama presidency, with growth significantly below norm, unemployment for blacks aged 24 and younger has hovered between 30% and 40%. That’s the real powder keg, not the police.”
As many as 6 million people are facing higher taxes today because they decided the insurance offered to them under the Affordable Care Act was not worth the price, even after government subsidies. Another 3.4 million people will pay higher taxes because they failed to accurately predict their income when they obtained their insurance.
The Supreme Court’s ruling in the case of King v. Burwell will come out within the next three months. Because the Obama administration did not follow its own law as passed by congressional Democrats and signed by President Obama, that decision will turn Obamacare inside out, creating chaos in health insurance and health care.
Obamacare recently passed the five-year milestone, and etiquette would suggest an anniversary gift is in order for the politicians who passed and implemented the law. The traditional gift for five-year anniversaries is wood, and the more modern gift is silver. In this case, I’d recommend silver pieces – more than 29 but fewer than 31 – in light of the betrayal against American workers this law represents.
In today’s edition of The Heartland Daily Podcast, Managing Editor of Health Care News Sean Parnell speaks with Devon Herrick. Herrick, a senior fellow in health care policy at the National Center for Policy Analysis, discusses the fifth anniversary of Obamacare and what the touted drop in the number of uninsured really means.
The Supreme Court decision in King v. Burwell, the case challenging the Obama administration’s decision to award tax credits for health insurance sold through federally established exchanges, could turn on the question of whether a ruling that ends the tax credits on federal exchanges might cause something known as a “death spiral” in health insurance markets.
The Congressional Budget Office (CBO) released a report on March 9 projecting Obamacare premium prices to outpace both private insurance premiums and government spending between 2016 and 2018.
The announcement of a new fiscal budget for the U.S. government always sets the stage for struggles between the spenders and those trying to put some limits on the spending. The spenders usually win because politicians—particularly progressive ones—love to tap the national treasury in order to reward their supporters.
There are three paths Congress could take in the wake of a ruling from the Supreme Court that strikes down the Obamacare insurance exchange subsidy system. They amount to a path toward doing nothing, a path toward doing something, and a path toward doing everything.