Thanks, Obama…Health Care Premiums Up $3,065 a Year; Obama Had Vowed a $2,500 Cut

February 21, 2013
health care premiums up under obama

Health care premiums soaring under Obama, in spite of promises to the contrary.


Nobel Peace Prize Weiner Obama Waives Child Soldier Ban in Yemen and Congo

February 19, 2013

child soldierTens of millions of dollars of U.S. military financing will continue to flow toYemen and three other countries that recruit and use child soldiers, despite a 2008 U.S. law designed to restrict U.S. taxpayer funding of foreign militaries that enlist children to fight in war.

The White House issued a memorandum Tuesday evening to allow military funding to Yemen, the Democratic Republic of the Congo, and Chad, three of the six countries on the State Department’s list of foreign governments that recruit and use child soldiers in state-backed armed forces and militias.

Human rights advocates say the presidential waivers, issued for a second year in a row, undermine the intentions of Congress.

“The law could be very effective if it was applied the way Congress intended, but instead the administration has chosen to disregard the law and exert poor leadership on this issue,” said Jo Becker, advocacy director of Human Rights Watch’s Children’s Rights Division. “Last year, the administration said they were putting governments on notice and giving them time to address the problem, but this year governments that have shown no progress are still getting assistance no strings attached.”

In Yemen, children who are 15 years old and younger have been recruited to fight in the government’s conflict with rebels. Becker says that as recently as August, Human Rights Watch observed children serving in Yemen’s Central Security force, an elite paramilitary unit, and with the army’s First Armored Division, which defected to the opposition in March.

From:  http://abcnews.go.com/Blotter/obama-waives-child-soldier-ban-yemen-congo/story?id=14663930


Gas Prices the Day Obama Took Office

February 13, 2013

gas prices the day obama took office


Thanks, Obama…11,629 More Americans Go On Food Stamps Each Day!

February 13, 2013

Obama giving the finger americans on food stampsFood Stamp Rolls in America Now Surpass the Population of Spain

(CNSNews.com) – Since taking office in 2009, food stamp rolls under President Barack Obama have risen to more than 47 million people in America, exceeding the population of Spain.

“Now is the time to act boldly and wisely – to not only revive this economy, but to build a new foundation for lasting prosperity,” said Obama during his first joint session address to Congress on Feb. 24, 2009.

Since then, the number of participants enrolled in food stamps, known as the Supplemental Assistance Nutrition Program (SNAP), has risen substantially.

In fact, between January 2009 and November 2012 the food stamp program added approximately an average 11,269 recipients per day.

When Obama entered office in January 2009 there were 31,939,110 Americans receiving food stamps.  As of November 2012—the most recent data available—there were 47,692,896 Americans enrolled, an increase of 49.3 percent.

According to the 2011 census, Spain had a population of 46,815,916.  So there are now more food stamp recipients in the U.S. than the total population of Spain.

From:  http://cnsnews.com/news/article/food-stamp-rolls-america-now-surpass-population-spain


Wheels Coming Off Obamacare: Policies Will Cost More, Won’t Cover Kids

February 12, 2013

WheelsComingOffThe central parts of ObamaCare don’t roll out until 2014, but the wheels are already falling off this clunker.

The latest news from four federal agencies is that:

1) insurance will be a lot less affordable than Americans were led to expect,

2) fewer people than promised will get insurance and

3) millions of people who have coverage through a job now will lose it, thanks to the president’s “reforms.”

Oh, and children are the biggest victims.

The Affordable Care Act is looking less and less affordable.

Start with the IRS’s new estimate for what the cheapest family plan will cost by 2016: $20,000 a year to cover two adults and three kids. And that will only cover 60 percent of medical bills, so add hefty out-of-pocket costs, too.

The next surprise is for parents who thought their kids would be covered by an employer. Sloppy wording in the law left that unclear until last week, when the IRS ruled that kids won’t be covered.

Starting in 2014, the law will require employers with 50 or more full-time employees to offer coverage or pay a penalty. “Affordable” coverage, that is — meaning the employee can’t be told to contribute more than 9.5 percent of his salary. For example, a worker earning $40,000 a year cannot be required to pay more than $3.800.

But the law doesn’t specifically mandate family coverage — and now the administration says that won’t be required.

You can see why: If the lowest-cost family plan (again, two adults and three kids) is to run a whopping $20,000, and if the employee’s contribution is limited to $3,800, the employer’s tab would be $16,200 — adding about $7.40 an hour to the cost of that employee. Wisely, the IRS announced on Jan. 30 that employers won’t have to pay for dependents.

But the Congressional Budget Office’s much-cited prediction that ObamaCare would leave only 30 million people uninsured by 2016 was based on the assumption that kids would be covered by employers.

At the very least, employers insuring their workers for the first time to avoid the penalty are unlikely to do that.

So how will the kids be covered? They won’t. The IRS shocked the law’s advocates by announcing that the insurance exchanges won’t provide subsidies for a child whose parent is covered at work.

Nor will these parents be penalized for not insuring their children — the IRS will kindly consider the kids exempt from the mandate.

…All in all, at least 40 million people could be uninsured in 2016, only 9 million fewer than before the law was passed.

Expect the momentum for repealing this law to grow as its flaws, perverse incentives and faulty predictions come to light.

From:  http://www.nypost.com/p/news/opinion/opedcolumnists/wheels_coming_off_QPojjZX0Bd8BU80hDpcKZP

 


Thanks, Obama! 7 Million Americans to Lose Medical Insurance As a Result of Obamacare

February 5, 2013

Obama shush finger to mouthDuring the health care debate Mr. Obama had said individuals would be able to keep their plans.

Critics pointed out that forcing businesses to increase coverage by government edict would only result in more businesses opting out and choosing not to provide health benefits at all.  Obama denied this.

Now the Congressional Budget Office admits it’s true — and seven million Americans and their families will soon be without health care because of Obama’s arrogant lies.

– Spencer

President Obama’s health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.

CBO said that this year’s tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they’ll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

But the non-partisan agency also expects fewer people to have to pay individual penalties to the IRS than it earlier projects, because of a better method for calculating incomes that found more people will be exempt.

Overall, the new health provisions are expected to cost the government $1.165 trillion over the next decade — the same as last year’s projection.

From:  http://www.washingtontimes.com/blog/inside-politics/2013/feb/5/obama-health-law-will-cost-7-million/


IRS Says Cheapest Obamacare Plan Will Be $20,000 Per Family

February 5, 2013

Obama thinks its funnyDo you remember when Obama said health insurance for the average American family “will not increase one thin dime” in cost?

Do you remember when he said that once his plan passes, insurance premiums will “decrease by 3,000%, so you should get a raise”?

How about when he said “We can cut the average family’s premium by about $2,500 per year”?

Now it turns out that the least expensive (and lowest coverage) plan to be offered will cost the average American family some $20,000 per year.

Is it beginning to dawn on you yet that this man will say just about anything to get destructive policies implemented, and that no lie is too big to tell in the process?

– Spencer

(CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.

Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.

The IRS’s assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.

The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.

“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.

Bronze will be the lowest tier health-insurance plan available under Obamacare–after Silver, Gold, and Platinum. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016.

In the new final rules published Wednesday, IRS set in law the rules for implementing the penalty Americans must pay if they fail to obey Obamacare’s mandate to buy insurance.

To help illustrate these rules, the IRS presented examples of different situations families might find themselves in.

In the examples, the IRS assumes that families of five who are uninsured would need to pay an average of $20,000 per year to purchase a Bronze plan in 2016.

Using the conditions laid out in the regulations, the IRS calculates that a family earning $120,000 per year that did not buy insurance would need to pay a “penalty” (a word the IRS still uses despite the Supreme Court ruling that it is in fact a “tax”) of $2,400 in 2016.

For those wondering how clear the IRS’s clarifications of this new “penalty” rule are, here is one of the actual examples the IRS gives:

“Example 3. Family without minimum essential coverage.

“(i) In 2016, Taxpayers H and J are married and file a joint return. H and J have three children: K, age 21, L, age 15, and M, age 10. No member of the family has minimum essential coverage for any month in 2016. H and J’s household income is $120,000. H and J’s applicable filing threshold is $24,000. The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.

“(ii) For each month in 2016, under paragraphs (b)(2)(ii) and (b)(2)(iii) of this section, the applicable dollar amount is $2,780 (($695 x 3 adults) + (($695/2) x 2 children)). Under paragraph (b)(2)(i) of this section, the flat dollar amount is $2,085 (the lesser of $2,780 and $2,085 ($695 x 3)). Under paragraph (b)(3) of this section, the excess income amount is $2,400 (($120,000 – $24,000) x 0.025). Therefore, under paragraph (b)(1) of this section, the monthly penalty amount is $200 (the greater of $173.75 ($2,085/12) or $200 ($2,400/12)).

“(iii) The sum of the monthly penalty amounts is $2,400 ($200 x 12). The sum of the monthly national average bronze plan premiums is $20,000 ($20,000/12 x 12). Therefore, under paragraph (a) of this section, the shared responsibility payment imposed on H and J for 2016 is $2,400 (the lesser of $2,400 or $20,000).”

From: http://cnsnews.com/news/article/irs-cheapest-obamacare-plan-will-be-20000-family

 


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