“At long last, this is what health care reform is achieving. This is what change looks like.”
-- President Obama, May 8, 2010
Since ObamaCare was signed into on March 23, 2010, “this is what change looks like.”
Higher Costs: President Obama’s chief actuary estimates ObamaCare will increase health care spending by $311 billion more than current law, and under ObamaCare, health care will consume 21 percent of GDP, up from 16 percent currently.
Higher Taxes: President Obama’s chief actuary estimates the uninsured and employers will pay more than $120 billion in new taxes.
Job Cuts: About 90 percent of medical device makers admit they will eliminate jobs.
Loss of Plans: President Obama’s chief actuary estimates 50 percent of seniors will lose their Medicare Advantage plans.
Wealth Destruction: Large employers have restated more than $1,500,000,000 in earnings.
For previous ObamaCare Flatlines, go to http://www.gop.gov/obamacare.