Obamacare

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Another ObamaCare surprise: an avalanche of new paperwork for businesses

In what is becoming almost a daily occurrence, yet another previously unknown (to the public) provision has been found in Obama's new health care law.  In this case, it has to do with new reporting requirements for business...and LOTS more paperwork.

Via Cato:

Most people know about the individual mandate in the new health care bill, but the bill contained another mandate that could be far more costly.

A few wording changes to the tax code's section 6041 regarding 1099 reporting were slipped into the 2000-page health legislation. The changes will force millions of businesses to issue hundreds of millions, perhaps billions, of additional IRS Form 1099s every year. It appears to be a costly, anti-business nightmare.

Under current law, businesses are required to issue 1099s in a limited set of situations, such as when paying outside consultants. The health care bill includes a vast expansion in this information reporting requirement in an attempt to raise revenue for an increasingly rapacious Congress...

So how does it change the 1099 requirements?  Get this:

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Recent polls (and the ObamaCare dead cat bounce)

In the course of the debate over ObamaCare many administration officials and members of the Democrat leadership did their best to twist the arms of fellow Democrats in Congress in order to wrangle a majority and pass the bill.  Part of their argument in their efforts to convince those Democrats was that, once the bill became law, it would become more popular than it was at the time because, they said, Republicans and Fox News were just being temporarily successful in demonizing the bill.  Better days were ahead.

So how's that working out?  Well, according to the latest poll - not to mention one conducted by James Carville - not too good.

The most recent Democracy Corps poll, (done by James Carville and Stan Greenberg) shows NO BOUNCE whatsoever for Obama in the wake of the health care bill becoming law.  Part of their analysis states:

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Obama administration hid health care report until after ObamaCare vote

There's more news from the "We need to pass it so you'll know what's in it" file.  In this case, it's more to do with the consequences of ObamaCare, as determined in a report by Obama's own Department of Health and Human Services (HHS).

The report was compiled by the actuaries for Medicare and Medicaid.  The findings project that the costs of health care would go up by almost $400 billion by the end of the decade, 14 million Americans would lose their employer based insurance (thus INCREASING the number of people without insurance, which would move millions more Americans onto Medicaid), and that approximately four million Americans would be hit with the insurance tax penalty that the law would create.

These are all things that the supporters of ObamaCare said would NOT happen.  In fact, they campaigned on the rationale that it would reduce health care costs, costs less money to the government, and provide insurance coverage to more people.

The report was given to HHS Secretary Kathleen Sebelius (AND the White House) about a week BEFORE the passage of ObamaCare.  And, of course, Sebelius was all over television and in the media supporting passage of the bill by denying that the type of things would happen that her department's own report said would happen.

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ObamaCare still unpopular - despite Obama's sales pitches

A full month after the vote by the US House to push their own version of health care "reform" through despite the opposition of the American people, and after more speeches and sales pitches by Obama and various members of Congress, ObamaCare is, well, STILL unpopular with a majority of Americans.

It's so unpopular that the latest Rasmussen poll shows that 56% of Americans think it should be repealed.

Support for repeal of the recently-passed national health care plan is
proving to be just as consistent as opposition to the plan before it
was passed.

The latest Rasmussen Reports national telephone
survey finds that 56% of likely voters nationwide favor repeal, while
41% are opposed.
Those figures include 48% who Strongly Favor repeal
and 29% who Strongly Oppose it. ...

Just 35% of voters believe the new health care law will be good for the
country, while 52% believe it will be bad
. These numbers have changed
little since the March 21 House vote to pass the health care bill.

Bottom line?  The majority of public opinion, and the strength of that opinion, is STILL with those who oppose ObamaCare.  Which might have something to do with why Obama and the Democrats are eager to move on to other subjects and get it out of the news.

 

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Members of Congress to lose insurance due to ObamaCare?

In what is probably one of the funniest and most deliciously ironic side-effects of ObamaCare, the New York Times reports that, buried deep in the 2,700 plus pages of the bill, there is language that would appear to kick members of Congress off of their current government insurance plans and put them into the new "exchanges" that the bill created.

The problem?  Well, the exchanges don't exist...but the bill is now the law of the land.

From the Times:

The law apparently bars members of Congress from the federal employees health program, on the assumption that lawmakers should join many of their constituents in getting coverage through new state-based markets known as insurance exchanges.

But the research service found that this provision was written in an imprecise, confusing way, so it is not clear when it takes effect.

The new exchanges do not have to be in operation until 2014. But because of a possible “drafting error,” the report says, Congress did not specify an effective date for the section excluding lawmakers from the existing program.

Under well-established canons of statutory interpretation, the report said, “a law takes effect on the date of its enactment” unless Congress clearly specifies otherwise. And Congress did not specify any other effective date for this part of the health care law. The law was enacted when President Obama signed it three weeks ago.

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More Hidden (Tax) Gems in ObamaCare

Another day, another find within the massive, 2,700-plus page ObamaCare legislation.  This one concerns a new program, snuck in the Senate reconciliation bill just two days before the vote, concerning home health care.

Via the Washington Times:

The health care bill signed into law by President Obama is full of
hidden time bombs. One costly provision buried in the lengthy
reconciliation bill at the last minute has taxpayers covering long-term
at-home care for the elderly. Through the so-called Community Living
Assistance Services and Support Act (CLASS Act), Americans will find
between $150 and $250 taken out of their paychecks each month to cover
this program nobody knew about.

Democrats claim this isn't a controversial program, but if they
really believed that, they wouldn't have had to sneak the provision
into the reconciliation bill. But it was snuck in the reconciliation
bill only two days before the House vote.

All of which proves Nancy Pelosi was right when she said that they needed to "pass the bill, so that you can find out what's in it".

 

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Bart Stupak can't stand heat; to retire from kitchen

Imagine this... only three weeks after his ObamaCare vote.

In case you haven't heard, Michigan Representative Bart Stupak, the "pro-life" Democrat who initially led a group of similar Democrats in opposition to ObamaCare on the grounds that it would fund abortion - and who ultimately capitulated to Obama and Pelosi in order to pass the bill - has decided not to run for re-election this year.  He wants to "spend more time with his family".

Via CBS:

Had Stupak sought re-election, he would have faced challengers from both the left and the right backed by interest groups angered by Stupak's health care vote.

Stupak negotiated with Democratic leaders down to the eleventh hour for stricter abortion language in the health care bill, but he ultimately voted for it after President Obama agreed to sign an executive order assuring the new laws will keep taxpayer dollars from funding abortions. ...

On the left, the abortion rights group NARAL Pro-Choice America has been working to defeat Stupak and instead elect his Democratic primary challenger Connie Saltonstall.

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Barack, Your Fired!

I recently hired a new employee, actually my organization is so enormous the majority of "bosses" were required to agree with my decision. Our business is one of the most lucrative in the world. We were built on a simple and bold philosophy over 200 years ago and we've maintained a production level and work ethic that is the envy of the Globe. When we hired this employee, he came highly recommended, he attended all the appropriate academic institutions. Although he was very inexperienced we believed we needed a "fresh" and "bold" new start. For many of my fellow owners he seemed to be the only available prospect who could lead us to salvation.

You see for as long as we have been in existence, we've found ourselves perpetually warding off hostile take overs. There has always been an evil entity that has conspired dismantle what we labored so hard to create. Most readers would agree in this dog eat dog world an aggressive adversary is an inevitable prospect, there's always some other organization that's hungry to be on top. Unfortunately for us however, it hasn't been the threat of a foreign entity jockeying to take us over that has jeopardized our very existence, it has been the mutiny from within.

ObamaCare Aftermath

During the debate over ObamaCare, Democrats countered opposition to the bill by saying that, once it became law, it would become more popular.  Echoing that theme, Speaker Nancy Pelosi stated they "had to pass this bill, so you can see what's in it".

Well, now that it is law, some unpleasant surprises are cropping up.

Over the course of the last few days, major corporations have announced that they will be facing multi-million dollar losses as a result of the bill.  They have made these announcements as part of disclosures required by the Securities and Exchange Commission because they're publicly traded companies.  But, that hasn't made Democrats happy.  On Tuesday, Democrat Henry Waxman, Chairman of the House Energy and Commerce Committee, issued letters to those firms demanding they come to his committee and explain themselves.

Democratic Rep. Henry Waxman, chairman of the House Energy and
Commerce Committee, on Friday fired off letters to the heads of
Caterpillar, Verizon, AT&T and Deere after they and other firms
reported that the health care overhaul would dig deep into their bottom
lines. 

Caterpillar claimed it would raise costs by $100 million in the
first year and imperil coverage for its 150,000 employees and retirees.
Deere estimated it would raise expenses by $150 million. 

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