Out of Bloomberg, we have this report:
President
Obama trumpeted the success of his signature healthcare law on Tuesday,
releasing a video on Facebook that boasted that 11.4 million people who
have signed up or re-enrolled in Obamacare in 2015. Sunday marked the latest
deadline for Americans to sign up in an open enrollment period for
coverage under the Affordable Care Act.
Editor's note: Understand the original and stated goal, was 13 million. The target population, is 19 million folks, with 160 policies about to come under the ObamaCare umbrella, this year per the much delayed "employ/union mandate."
"The
Affordable Care Act, aka Obamacare, is working. It's working better than we
anticipated, certainly working a lot better than many of the critics talked
about early on," Obama said in the video shot in the Oval Office featuring
the president and Health and Human Services secretary Sylvia Burwell.
Editor's notes: " . . . working better than we anticipated . . ." is an outright ly. Again, the goal was 13 million by this time in the sign-up process, and 78% of all who have signed up, get subsidies. THAT does not pay the bill.
While the
number of people signed up for healthcare under the Affordable Care Act has
given the White House reason to celebrate, the administration has reason to
worry about whether the news will remain positive for Obamacare. With the April
15 tax deadline approaching, an estimated 6 million Americans are expected to
to face a penalty for not enrolling in a healthcare plan. While the 2014
penalty starts at $95, it will rise in 2015 to $325.
Editor's notes: And the following year, 2016. just in time for the presidential election season, the fine will be $695. Like I implied, "Just in time for the 2016 election cycle."
Even more
troubling for the healthcare law, the Supreme Court will soon begin hearing
arguments in the King v. Burwell case, which will decide the ultimate fate of
the program's federal subsidies. If the court rules the subsidies
unconstitutional, millions of Americans will lose their insurance and costs are
expected to skyrocket
Editor's notes: The number varies with each article I read, but the total number of states not in ObamaCare is around 30. The High Court is being asked to decide if subsidies can be paid to the folks living in those states. The law is written to exclude them. Now that the Administration sees this as a huge mistake, it is hoping for mercy from the Court. The Supreme Court can decide that subsidies should not be paid out in the state in question, per the written law. If the Court makes that ruling, ObamaCare is dead in the water. Oh, it will flay around, but sooner, than later, it will sink to the bottom of the cesspool we can call "academia," and go the way of the river bottom.
Obama's woes? You mean like the 50% +3 approval in the most recent Gallup Poll? (Rasmussen is at 49%).
ReplyDeleteor the U.S. Economic Confidence Index at +3 for its third week in a row?
GW Bush was at 34% at this point in his presidency - and going down each week. Obama's has been steady in the mid to upper 40s and rising.
Face it. Obama has brought us back from the failure of Bush. America is better off today than under Bush. Everyone sees this except the ankle biters, bigoted haters, and small minded people that watch Fox News.
There you go with your polls. They mean nothing in the face of election after election. Hey, Mr Popularity was on the ballot in 2014. He said so. And he was destroyed. Bush won 12 million more votes in his re-election than received in his first election . . . . Obama lost 3.5 million votes in his second election compared to his first. Obama had an approval rating of 67% just before the 2008 but only got 53% of the vote. Like I say, polls mean nothing.
DeleteAnd what does any of this have to do with what is about to happen to ObamaCare.? You have no answer so you talk about other things.