Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report

It will cost the federal government – taxpayers, that is – $50,000 for every person who gets health insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.

Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report 2518DE5300000578-0-image-a-9_1422309813054

Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report 2518DE5300000578-0-image-a-9_1422309813054

The number comes from figures buried in a 15-page section of the nonpartisan organization's new ten-year budget outlook.

The best-case scenario described by the CBO would result in 'between 24 million and 27 million' fewer Americans being uninsured in 2025, compared to the year before the Affordable Care Act took effect.

Pulling that off will cost Uncle Sam about $1.35 trillion – or $50,000 per head.

The numbers are daunting: It will take $1.993 trillion, a number that looks like $1,993,000,000,000, to provide insurance subsidies to poor and middle-class Americans, and to pay for a massive expansion of Medicaid and CHIP (Children's Health Insurance Program) costs.

Offsetting that massive outlay will be $643 billion in new taxes, penalties and fees related to the Obamacare law.

That revenue includes quickly escalating penalties – or 'taxes,' as the U.S. Supreme Court described them – on people who resist Washington's command to buy medical insurance.

It also includes income from a controversial medical device tax, which some Republicans predict will be eliminated in the next two years.

If they're right, Obamacare's per-person cost would be even higher

http://www.dailymail.co.uk/news/article-2927348/Obamacare-program-costs-50-000-American-gets-health-insurance-says-bombshell-budget-report.html
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Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband
“The state calls its own violence law, but that of the individual, crime.”-- Max Stirner
"Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann

Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report

Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report

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