Posts

GOP Senators’ Petition to Defund Obamacare Hits 1 Million Signatures (+video)

Photo Credit: BizPac

Photo Credit: BizPac

With less than a month to go before millions of Americans will be required to enroll in Obamacare, the petition to defund the program has hit a landmark 1 million signatures – on schedule, by Labor Day.

In what’s being called the last chance to stop Obamacare, U.S. Sens. Mike Lee, R-Utah, and Ted Cruz, R-Texas, are going full-bore to get other senators to sign on.

Last week, former Alaska Gov. Sarah Palin signed the petition supporting the effort.

“The time for rhetoric and ceremonial votes in Congress is over,” Palin said in a statement released at the time. “The time to take serious action to stop Obamacare is now.”


____________

Read more from this story HERE.

Sen. Mark Begich Vows Obamacare Will Never Be Repealed (+video)

Photo Credit: SenateDemocrats

Photo Credit: SenateDemocrats

Alaska Senator Mark Begich (D-AK) held two town hall meetings in Anchorage earlier this week and pledged his unwavering support for the unpopular Affordable Care Act (“Obamacare.”) The Obamacare raiment will prove a heavy weight to bear as he enters the re-election season of 2014.

A question regarding the measure at the first town hall held Wednesday night at Campbell Elementary School drew the most lively response from the crowd. Despite the strong sentiment expressed against the law, Senator Begich emphatically promised those in attendance, “If you’re thinking it’s going to get repealed. Whoever tells you that ain’t giving you the truth. It’s not going to get repealed.”

Begich went on to state he would work to repair or replace unpopular portions of the ACA such as the tax on “Cadillac” plans and that he had already voted to repeal a tax on manufacturers of medical devices.

The Senator will have his work cut out for him taking this approach however because the Affordable Care Act itself is very unpopular. A recent CBS News poll found 54 percent of Americans disapprove of the law, while only 36 percent approve.

Begich sought to identify with those in attendance saying, “Just as you do, I [will] join the exchange come October 1st. I have to join it just like everyone else.” What he failed to mention is that members of Congress and their staffs have generous healthcare premium support plans already in place covering much of the cost, thereby exempting themselves from the rate shock most Americans will feel.

The overall estimated cost of Affordable Care Act to American taxpayers over the first 10 years has ballooned from the $0.9 trillion promised by President Obama in 2009 to a CBO projected cost of $2.6 trillion earlier this year.

The high cost is not the only thing causing grave misgivings about Obamacare among the American people. At a second town hall event at the Anchorage Senior Center, a grandmother expressed a concern many have regarding the ACA’s employer mandate, which dictates that businesses with fifty or more employees must fulfill all the law’s requirements. She believes Obamacare will make it harder for her grandchildren and others to find full-time employment.

The evidence appears to be on her side. A CNBC poll of small business owners earlier this summer found 41 percent have frozen hiring because of the law and 38 percent indicated they have pulled back on plans to expand. Begich admitted at the town hall that the ACA incentivizes underemployment by moving people from full to part-time.

At both town hall events, Begich took great pains to point out he is doing everything he can to fix what ails Obamacare. He ballyhooed legislation he introduced last month to delay the employer mandate for two years rather than the one year promised by the President. In other words, the Senator wants to pass legislation to save Alaskans (temporarily) from the ill-effects of the law he voted whole-heartedly to pass. Of course, this magnanimous gesture by the first-term senator would conveniently push the job-killing effects of the ACA until after next year’s re-election cycle.

Senator Begich knows he is vulnerable in 2014. His seat is among those judged to be in-play. A recent survey by the liberal leaning Public Policy Polling showed his job approval at a paltry 42 percent, down from 49 percent in February. This precipitous drop comes in spite of a statewide paid media push over the last several months and before the first salvo of the 2014 campaign has even been fired.

A vital measure of congressional leadership must be foresight: the ability to see a train wreck before it happens. By this standard, Senator Begich misses the mark. Rather than accepting the Senator’s small gestures of Affordable Care Act relief, Alaskans would do well to relieve themselves entirely of his services come next November.

ObamaCare Cuts Low-Wage Workweek Near Record Low

Photo Credit:  DUCKofD3ATH

Photo Credit: DUCKofD3ATH

Here’s something worth paying attention to this Labor Day: The workweek in low-wage industries has fallen back to the historic lows seen at the depths of the recession.

The White House and like-minded economists have disputed the notion that ObamaCare is having a meaningful impact on work hours by noting that the private-sector workweek has recovered pretty much back to where it was in 2007, before the economy tanked.

But that view from 40,000 feet overlooks what is happening in industries likely to feel the brunt of ObamaCare’s employment impact: those in which wages are modest and the ranks of the uninsured are high.

A more rigorous analysis of monthly industry data from the Bureau of Labor Statitics reveals a stark contrast between workers in low-wage industries and the rest of the private sector.

For the 30 million workers in industries where nonsupervisors average about $14.50 an hour or less, the workweek has been shrinking pretty steadily for the past 18 months, reversing a fledgling recovery in work hours.

Read more from this story HERE.

‘Free’ Benefits in ObamaCare Come with Hidden Costs

Photo Credit: Fox News

Photo Credit: Fox News

The new health care law promises all sorts of free benefits — but analysts argue nothing is ultimately free, and ObamaCare is no exception.

“P. J. O’Rourke famously said that if you think health care is expensive now, wait until it’s free,” said Avik Roy, of the Manhattan Institute. “Once you lard on all these additional things, all these extras that insurers must provide, you have to pay for that.”

For the average consumer, that means taxes, the American Enterprise Institute’s Jim Capretta told Fox News.

“There’s going to be taxes on insurance. Taxes on drugs. Taxes on medical devices. All of that is getting passed through to the prices people have to pay either for direct services or their insurance premiums,” he said.

The administration points to a host of free services as one of the early benefits of the new law.

Read more from this story HERE.

ObamaCare Faces Another Delay, Lawmaker Calls Implementation ‘Train Wreck’

Photo Credit: Fox News

Photo Credit: Fox News

The Obama administration has delayed another component of the federal health care law, leading a Republican lawmaker to call the law’s implementation a “train wreck.”

Reuters first reported that the Department of Health and Human Services informed insurance companies Tuesday it is delaying signing the final agreements between the government and insurance providers whose plans will be sold on federal health insurance exchanges.

The agreements were supposed to be signed between Sept. 5 and 9, but instead will be delayed until mid-September.

The department did not give a clear-cut reason for the delay, but attributed it to the need to be flexible in working with the insurance companies and to resolve unspecified technical issues.

“We remain on track to open the marketplace on time on October 1,” HHS spokeswoman Joanne Peters told Fox Business Network.

Read more from this story HERE.

Obama: MLK Would Have Backed ‘Obamacare’ (+video)

Photo Credit: Official White House Photo by Pete Souza

Photo Credit: Official White House Photo by Pete Souza

Would Martin Luther King Jr. support “Obamacare?” The president believes so.

Appearing on the Tom Joyner Morning Show Tuesday, President Barack Obama says the iconic civil rights leader would have backed the Affordable Care Act.

“Oh, he would like that … because I think he understood that health care, health security is not a privilege; it’s something that in a country as wealthy as ours, everybody should have access to,” Obama explained.

Obama says the key to the Affordable Care Act is “going to be just signing folks up.”

“We’re really counting on everybody out there to get informed,” Obama said. “If you know what it’s about and you screen out all the misinformation, you’ll discover this is something that really is going to help millions of people.”


Video Credit: Charlie Spiering, The Examiner

Read more from this story HERE.

Boehner Warns Against Shutting U.S. Government over ‘Obamacare’

Photo Credit: Reuters

Photo Credit: Reuters

U.S. House of Representatives Speaker John Boehner warned rank-and-file Republicans in a conference call on Thursday against using the threat of a government shutdown to stop the implementation of Obamacare, according to people on the call.

On the call, Boehner reminded Republicans of the political backlash their party suffered when the government shut down in 1995-1996, according to one person on the call.

Another participant in the call, Oklahoma Representative Tom Cole, said the speaker’s main message was that he and other leaders were still committed to killing President Barack Obama’s signature health care law but that they did not want a government shutdown.

A House Republican aide, however, emphasized that no final decision has been made on whether to pursue a strategy advocated by some in the party of denying funds for Obamacare.

Republicans agree strongly on their opposition to Obamacare, viewing the law as a burden to businesses that will cost jobs.

Read more from this story HERE.

From Architects to Lobbyists: Obamacare Designers Stand to Profit Handsomely from Bill

photo credit: glyn lowe photoworks

photo credit: glyn lowe photoworks

Previously, they worked behind the scenes to help shape the Affordable Care Act. Today, they roam the streets of the nation’s capital as consultants and lobbyists.

And now this elite group of Washington insiders stands to profit handsomely from the full implementation of Obamacare, President Barack Obama’s landmark health care law.

“More than 30 former administration officials, lawmakers and congressional staffers who worked on the healthcare law have set up shop on K Street since 2010,” The Hill reports.

Many Washington lobbying firms, including Fierce, Isakowitz & Blalock, The Glover Park Group, Alston & Bird, BGR Group, and Akin Gump, have scooped up former Obamacare insiders. This, as the Hill report notes, puts the firms “in a prime position to land coveted clients.”

“When [Vice President] Biden leaned over [during the signing of the healthcare law] and said to [President] Obama, ‘This is a big f’n deal,’ ” Ivan Adler, a headhunter at the McCormick Group, said in the report, “he was right.”

Read more from this story HERE.

Paul, Cruz Plan Anti-Obamacare Rally

Photo Credit: AP

Photo Credit: AP

Obamacare opponents are planning a defunding rally for the first day lawmakers return from August recess and just three weeks before millions can start enrolling in coverage.

Republican Sens. Ted Cruz of Texas, Rand Paul of Kentucky and Mike Lee of Utah), who have been leading calls in the Senate to defund the law in any spending bills, will headline the Sept. 10 Exempt America from Obamacare event, organized by Tea Party Patriots and ForAmerica, along with other conservative groups.

“Democrats will stop at nothing to protect the president’s signature legislation, and too many Republicans are afraid to fight,” rally organizers wrote.

Read more from this story HERE.

No, Obamacare Is Not A Good Deal For Young People In The Long Run, Not Even Close

Photo Credit: LaDawna's pics

Photo Credit: LaDawna’s pics

Progressives are becoming increasingly concerned at the prospect of millions of uninsured young people deciding to push the easy button next year by simply paying a very small fine[1] rather than obtain health coverage. Consequently, they have turned to a new argument to get those under 30 to act against their self interest by signing up for the Exchanges. Now we are being told that Obamacare will be a good deal for young people in the long run since whatever short-term losses they incur in the form of higher premiums will be more than made up later when they are older and get to pay lower premiums than they would in today’s market.

But those making these arguments haven’t offered any analysis to back up their claims. The conceptual point evidently is supposed to be intuitively obvious. As Ezra Klein puts it:

Young people grow old. Healthy people get sick. Rich people become poor. The people overpaying to keep costs low today are the people underpaying 10 or 20 years from now.

As a health policy skeptic, I know that lots of intuitive ideas—such as that prevention saves money—turn out to be false upon closer examination. So when I did some actual analysis of this latest idea, it did not surprise me to learn that this claim is dead wrong. Once the time value of money is taken into account, the average young person will be worse off under Obamacare even if they live long enough to be a near-elderly person who pays premiums that are well below actuarially fair rates.

In the short run, millions of young will be better off without Obamacare

Read more from this story HERE.