Budgetary Magic: Funding of Obamacare

From reading and listening to all the learned pundits it seems remarkable that no one has really ever tried to show in some concrete way how the 111 Congress and the Obama Administration were able to say with a straight face that they passed ObamaCare and balanced the budget all at the same time.  Remember they wanted to give 43 million people health insurance and not increase the federal deficit...  the problem was how to pay for it.

Here is how they were able to do it:

• Make the drug companies reduce the prices of their drugs by $80 billion (coercision?)
• Take $500 million from Medicare and Indian health service (deception?)
• Force 300 million buy health insurance for $900 million (constitutional?) (tax)
• Increase payroll taxes
• Force 50 states to use Medicaid to subsidize the future regional health pools (constitutional?)
• Regulate the insurance industry to force them to reduce costs 
• Force the insurance industry to accept more people

The CBO was able to certify that the budget would not be busted because ObamaCare was going to push all the costs to the states and citizens of this country which meant the cost to the federal government would not result in a deficit..  The only thing that the federal government will now pay is the cost of regulating the insurance industry and the enforcement efforts by the IRS.

The consequences of this White House and Congressional shell game was to shift the cost burden onto the shoulders of the citizens and the states.  They did not reduce costs -  they just rearranged the cost pools until the burden was off Uncle Sam.  We will either pay for this legislation through payroll taxes, income taxes, or being forcibly required to pay for federally mandated health insurance's coverage which the consumer will have no choice except to write the check.  The federal government will dictate everything - the cost of insurance, what will be covered by insurance policies, etc.

Eventually the insurance industry will no longer exist; we will be left with only the federal government selling us our insurance policies.  I am not looking forward to the day that we have to stand in line to buy insurance policies like we have to purchase car tags.

Life, Liberty, & the Pursuit of Happiness