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Message
re: CBO: Obamacare will have lower premiums, insure more, and cost government less
Posted on 4/14/14 at 3:30 pm to wickowick
Posted on 4/14/14 at 3:30 pm to wickowick
I liked this portion on page 17.
So the long term goal is to reduce employer sponsered insurance to capture that tax benefit. That will create a small increase in SS benefits for the very poor, but the net loss to workers saves the government $152 billion over 10 years.
Frick this law.
That is basically $152 billion out of the pockets of the middle class. The upper will still have employer sponsered plans.
quote:
CBO and JCT project that, as a result of
the ACA, between 7 million and 8 million fewer people
will have employment-based insurance each year from
2016 through 2024 than would have been the case in the
absence of the ACA.
quote:quote:
In 2019, for example, an estimated 13 million people
who would have enrolled in employment-based coverage
in the absence of the ACA will not have an offer of such
coverage under the ACA;
That shift in compensation will boost federal
tax receipts. Partially offsetting those added receipts
will be an estimated $7 billion increase in Social Security
benefits that will arise from the higher wages paid to
workers. All told, CBO and JCT project, those effects
will reduce federal budget deficits by $152 billion over
the 2015–2024 period.
So the long term goal is to reduce employer sponsered insurance to capture that tax benefit. That will create a small increase in SS benefits for the very poor, but the net loss to workers saves the government $152 billion over 10 years.
Frick this law.
That is basically $152 billion out of the pockets of the middle class. The upper will still have employer sponsered plans.
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