Obamacare: Nothing to Celebrate
Two years ago today, President Obama signed into law his vision of health care reform, a far-ranging and ever-more-expensive collection of price fixing and individual mandates that will forever be known as Obamacare.
Now, according to tradition, cotton is known as the gift for a second anniversary. But what do you get a federal government that wants to control everything? Unfortunately, the answer is more of your hard earned tax dollars.
Obamacare doesn't do much to bring down the price of health care, but it does a lot to pass the costs along to the states. In fact, starting in 2014, Obamacare will cost the State of Texas at least $27 billion over the next 10 years.
That'll buy a lot of cotton.
That was even before the non-partisan Congressional Budget Office announced earlier this month that the price tag for Obamacare had been dramatically underestimated, now looking to cost $1.76 trillion over 10 years instead of the $900 billion President Obama had originally touted.
All that doesn't make us feel much like celebrating. Oh, well, Obamacare has a date before the Supreme Court on Monday to argue that its mandate that all individuals be forced to buy insurance is somehow Constitutional. (It isn't.)
Let's hope we won't have a third anniversary to observe.