Skip to main content
  1. News
  2. Politics
  3. Political Buzz

Obamacare costs skyrocketing

See also

Although more than one trillion dollars will be spent by the Department of Health and Human Services in 2015, Kathleen Sebelius, HHS Secretary, has not testified even once on the cost of Obamacare or the President's budget before the Senate Budget Committee.

Under the president's budget, it is projected that over $1 trillion will be spent by the Department of Health and Human Services in fiscal year 2015. In addition, over the long term, health care costs are growing faster than other budget areas, accounting for almost thirty percent of federal spending. On Monday, The Hill reported that Sen. Jeff Sessions, Republican from Alabama, said "committee members would be wise to discuss this matter with Sebelius."

Sessions, from his position as a Budget Committee ranking member, has been forcefully critical of the high cost the President's healthcare law imposes on the American people. Sessions was openly critical of a $17 trillion gap fund that was revealed during the grilling of supporters of the law and the Supreme Court justices in 2012. Written into the law are long reaching promises which will cost the American taxpayers $17 trillion. That amount does not take into account the present shortfalls in Medicaid, Social Security and Medicare spending, which all together totals an astounding $99 trillion. Contrast that figure with the $15 trillion in total services and goods the United States produces each year.

In another quote published by Sessions stated "The bill has to be removed from the books because we don't have the money."

Obama's wish list for his second term, including a rewrite from top to bottom of the immigration laws, may meet with significant restrictions due to the burgeoning health care costs. The Republicans are hesitant to support bipartisan immigration reform, since they do not trust Obama to enforce the laws already on the books.

Sessions worried just last March that loading Obamacare up front with foreign enrollees by the millions, would cause health care costs to spiral out of control and sink present entitlement programs.

Sessions is quoted as making the following statement as an amendment was voted down by the Senate prohibiting immigrants who had broken immigration laws from having health care benefits: "The core economic and legal principle of immigration is that those seeking entrance to another country must be self-sufficient and contribute to that country's economic health.” He went on to say that the federal government failed to enforce the law in the past, and there is now an even greater urgency when dealing with illegal immigrants on this issue.

In the meantime, the administration has failed to keep track of enrollees and arbitrarily suspended the requirements until the midterm elections of 2014 are over, because the elections are dangerous for the Democrats' grip on the Senate.

On Wednesday, Sebelius had to admit that Obamacare health insurance premiums will see an increase in 2015, but he had no clue how many people actually enrolled in the program or how many already paid the premiums or already had insurance. At a hearing before the House Ways and Means Committee, Sebelius stated “I think premiums are likely to go up, but go up at a slower pace.” Americans were likely hoping that premiums would not go up at all.

Advertisement

News

  • Sterling loses Clippers
    Donald Sterling loses big in court with no option for an appeal
    Video
    Video
  • Russia violating arms treaty?
    Russia is testing a long-range missile which violates an INF arms treaty
    World News
  • Ebola outbreak
    The Ebola epidemic in West Africa has proven to be quite difficult to contain
    Health News
  • Virginia same-sex marriage
    The ban on same-sex marriage is ruled unconstitutional in Virginia
    US News
  • Abigail Hernandez suspect
    A suspect is in police custody for the disappearance of Abigail Hernandez
    Crime
  • Bachelorette finale
    'The Bachelorette' is in the books, which lucky guy got Andi's final rose?
    TV