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Harvard Medical Dean gives ObamaCare 'Failing Grade'; Full list of tax increases in the bill

Harvard Medical School's dean gave Obama's healthcare plan a "failing grade," as I noted earlier.

Here is a full list of the major tax increases in the Senate healthcare bill backed by Obama, such as taxes on individuals, employers, and hospitals.  Earlier, I listed other tax increases, noting that the bill would raise taxes on medical devices, cosmetic surgery, and higher incomes, and impose a 40% tax on health-care plans above $8,500.  It will increase the deficit, and cost taxpayers at least twice as much as predicted.

Here's a list of some of the payoffs to lawmakers for voting for the bill.

It and similar bills will “reduce senior care,” increase “medical costs,”  and “jeopardize access to care for millions,” report experts at the federal Centers for Medicare and Medicaid Services.   

Harvard Medical School Dean Jeffrey S. Flier says it will harm America’s health and finances, and medical innovation.  He agrees with other health-experts and economists that the bill "will markedly accelerate national health-care spending," regulate "the health-care system in the service of special interests such as insurance companies," and harm "our capacity to innovate and develop new therapies."

The bill will raise taxes on the middle class.  It will also explode state and federal deficits.   It contains payoffs for trial lawyers.

ObamaCare spends money on frills like “cultural competency,” while cutting spending on crucial things like anesthesia.

“ObamaCare is all about rationing,” and tax increases, says one of Obama’s own economic advisers, Martin Feldstein.

Fact-checkers say Obama is lying about health care.  In the very same speech, Obama claimed that Medicare is “unsustainable” and “running out of money,” then contradicted himself by claiming that “Medicare is a government program that works really well,” making it a model for national health care.

CNN noted that Obama’s plan would take away “5 freedoms.”

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DC SCOTUS Examiner

Hans Bader is Counsel at the Competitive Enterprise Institute in Washington. After studying economics and history at the University of Virginia...

Comments

  • BREAL 2 years ago
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    Can we agree Obama/Soetoro is a liar? Is liar to strong of a word? Racist? Wrong?

    Or the truth?

    BREAL

  • Jay 2 years ago
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    There's an additional problem with the bill this article doesn't mention: it contains racial preferences and racial quotas and set-asides that are of dubious constitutionality -- the ones questioned earlier by the U.S. Commission on Civil Rights, which doubted that they are consistent with the standards for affirmative action laid down by the Supreme Court's Adarand and Croson decisions.

  • thedawg 1 year ago
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    you all need to actually go read the law instead of listening to Palin, Limbaugh and Beck. All this is propaganda coming from the left.

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