“Obamacare’s delayed implementation of the employer mandate
means health insurance exchanges and the Internal Revenue Service (IRS) will be
unable to determine whether individuals are eligible for taxpayer-funded
subsidies and will instead now rely on the honor system.” (Brietbart.com, July 8, 2013).
Obamacare has run out of money needed to set up the 50 state
exchanges. As a result, there was a time, about a month ago, that SecSebelius sent out letters to
insurance companies begging for “donations” to be use in funding this Idiot’s
legislation. Turns out, her efforts were illegal and she was forced
to leave off begging for money.
Obamacare initially was to have its 50 state exchanges set
up by the individual states and run by those states. Central Government promised to reimburse the
states for this arrangement. Folks in 33
of the 50 states simply did not believe the government promise and legally
refused to either set up the exchanges or manage them. As a result,
Central Planning now has this responsibility. None of the exchanges are set up or
functioning, and the deadline for this
eventuality was to be this coming October. No one knows when the exchanges will be set
up.
The employers’ mandate,
to enlist their employees or pay a fine
. . . . . to the exchanges. As a result of this failure, the mandate has been postponed until 2015, after the mid-terms. Finally, most estimates now place the initial 10 debt to the taxpayers of between 4 and 10 trillion dollars.
Understand that Social Security is 17 trillion in debt and Medicare is 42 trillion, and counting.
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