Heading into Halloween, what the monsters have wrought: Boo!
13 new tax hikes found in 1,990 page House Obamacare text Here's the list of tax hikes included in H.R. 3962, the revised House version of Obamacare, otherwise known as "The Affordable Health Care for America Act." The text of this bill runs to 1,990 pages, all of which can be read here in pdf format.
CBO Puts House Health Bill Total Cost At $1.055 Trillion WASHINGTON -(Dow Jones)- The Congressional?Budget?Office said Thursday a U.S. House health-care system re-write would extend health insurance to 96% of the nonelderly U.S. population by 2019, and spend $1.055 trillion to do so. Penalties imposed on individuals who did not purchase insurance, and employers who did not offer coverage to their workers, would raise $161 billion over that time-frame. That brings the net cost of the bill to $894 billion through 2019, CBO said. House Democrats have seized on that net cost figure to claim that their bill is below President Barack Obama's upper limit which he set for health-care legislation of $900 billion. The $1.055 trillion estimate also does not include $245 billion needed to stop Medicare payments to doctors from decreasing, which the House plans to address through separate legislation introduced Thursday.
"This country has come to feel the same when Congress is in session as when the baby gets hold of a hammer. "