Will there be tax increases or does the money come from cutting other programs?
by

Your answer

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:

To avoid this verification in future, please log in or register.

3 Answers

 

I am not sure anyone really knows how this is going to turn out.  These programs historically have always been much more expensive than anticipated. Projections for Medicaid spending when the program started were a faction of the actual costs we are seeing now.  One big reason is because life expectancy has increased since the time Medicaid was enacted.

 Obamacare is a 2700 page legislation.  There are numerous taxes and regulations in the bill.  The thing that holds it all together however is the individual mandate which has now been declared a tax by the supreme court.  This will require everyone to purchase insurance or pay a penalty.  This will help to absorb some of the costs.

 

There are also 500 billion dollars in Medicaid/Medicare cuts that have been set aside to pay for some of the other expenses involved with Obamacare.  Eventually the states will also have to contribute to covering many of those who are not currently ensured that will be added to government insurance programs.  For the first several years the federal government pays for the increase in the number of people insured by the government programs.  This responsibility will shift to the states over time.

 

No matter how you look at it, this program will expand coverage but not without additional cost.  Increasing taxes or cutting spending in some other programs will be necessary going forward to maintain what amounts to a new entitlement.  Insurance premiums have already gone up as a result of the bill and this will also no doubt continue.

by
comes from you !!!
by
you the tax payer who else...
by
Welcome to Government and politics, the free online political and government forum. Post topics, opinions and responses to current political issues. Register and earn points for posting your political questions and answers. Let your voice be heard. Please be respectful of other users and help contribute to the political debate.

Most popular tags

president obama political issues united states u.s. obamacare government need help obama congress constitution senate republican party executive orders civil rights democracy barack obama and would like an answer political healthcare history what is it? syria the white house my civil rights. policy individual mandate us citizen health care bill scandal supreme court president military social security house of representatives republican u. s. history homework. us government u.s. senate civil responsibilities pros and cons american political history state benghazi education vice president affordable care act list gop news media hillary clinton democrat party health insurance free gas government shutdown truth in media political climate welfare 2012 elections governor democrats donald trump politics and finance george zimmerman public opinion voting questions officials fast and furious mitt romney fired by jerry zeifman medicare will not pay this is not a debate. dhimmitude email law the us constitution united states of america individual senator votes trayvon martin united nations presidental politics nsa irs religion and would like a answer definition war maryland economic recovery conservative democratic us senators political party public perception email from a friend muslim presidents politics obama care senate votes emergency unemployment senate bills voted on hoax or real constitutional control of power congress dogovernment shut down bill of rights define please pending muslim brotherhood beliefs illegal immigration republicans please help me with this freedoms and rights legal action 2014 amendment seniors healthcare legislation joe biden us impeachable crimes save our country soldier's meals bills introduced conflict of interest. federal reserve gun control 2016 republic fiscally responsible debt and deficits election monthly federal benefit check would like an answer if this is valid u.s. history political statement limited government federal government) aca executive order founding fathers national security obama illegal immigration elected sarah palin federal official review iowa illegal

Categories

3,818 questions
2,921 answers
557 comments
73,825 users