UPDATE: It burns indeed.
Healthcare is now supposedly a Right – but not even in my most space-case leftist History class was it ever imagined or said that fines could be levied upon Rights – and the IRS will be the enforcer of that Right. (h/t Phil)
With the ability to levy fines upon a “Right” and the IRS as the enforcement arm, the Government has given itself a new right to TAX. Oh great. So this is what “reform” is supposed to look like – they didn’t reform anything. Medicaid is still a disaster, consuming $60 Billion a year in unaccountable fraud.
The cost of the health care bill will be $1Trillion (at least) over ten years and one of Obama’s key components to pay for it is by reducing fraud and waste. Let’s see, we will save $2B over the next 3 years. Annualize that for 10 years and it’s about $7B – or .7% of the added expense… Dig the hole deeper ‘cuz we’ll soon be in China – in more ways than one.
Despite all the talk about waiving pre-existing conditions and “doing it for the children,” they didn’t exactly get it right either:
Under the new law, insurance companies still would be able to refuse new coverage to children because of a pre-existing medical problem, said Karen Lightfoot, spokeswoman for the House Energy and Commerce Committee, one of the main congressional panels that wrote the bill Obama signed into law Tuesday.
It’s all about control. Just listen to what Re. Dingell said, it’s more clarifying:
Let me remind you this [Americans allegedly dying because of lack of universal health care] has been going on for years. We are bringing it to a halt. The harsh fact of the matter is when you’re going to pass legislation that will cover 300 [million] American people in different ways it takes a long time to do the necessary administrative steps that have to be taken to put the legislation together to control the people.