Posted by Jim Hoft on Friday, April 30, 2010, 5:28 AM
This is a Big F***ing Deal.The Obama-Pelosi Regime took control of one-sixth of the nation’s economy when they passed their nationalized health care bill and signed it into law in late March. The bill was never popular but democrats persisted and rammed the bill through Congress. Now, there are reports that the Obama Administration sat on damning information and hid it from the public until after their bill was passed into law.
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The results from the HHS report that was released more than a month after the vote were devastating for Barack Obama and democrats. It is not likely they would have been able to ram their health care bill through Congress if the American public knew the bill would actually increase the cost of health care and impose higher costs on Americans.
The report released by Medicare and Medicaid actuaries predicted that medical costs will skyrocket, rising $389 billion 10 years. 14 million will lose their employer-based coverage. Millions of Americans will be left without insurance and millions more may be dumped into the already overwhelmed Medicaid system. 4 million American families will be hit with tax penalties under this new law.
Of course, these were ALL things that President Obama and Democratic leaders assured us would not happen. http://www.youtube.com/watch?v=oh-yR1HWkbM&feature=player_embedded
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