Obama’s Health Care Bill (law) Backfires
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It was only a matter of time before the recently passed law for Health Care Reform would show the Obama Administrations complete incompetence and distorted claims and truths over the savings, tax benefits and budget deficit neutrality. We just didn't think it would happen this fast.
Today approximately 12 major public companies have prepared shareholder statements and press releases, as required by law, declaring that the Health Care Law has a direct affect on their company's earnings due to loss of tax deductions and mandated employee retirement benefits. The total amount of loss between the likes of Verizon, AT&T, 3M and others according to their press releases total more than $14 BILLION dollars in lost Profits. They also warn there may be further losses as a direct results of the passage of the bill into law.
This is typical government irresponsibility and shows the complete lack of business and economic experience by the Obama Administration and legislators who voted for this bill. A one-sided law crated by a single party without partisanship and without a solid majority. We have repeatedly stated that this bill and the CBO numbers were inaccurate and the ultimate result of the bills passage would result in higher insurance premiums. To make things worse. Obama has warned this is only the first step or beginning of his plans for overhauling the our Health Care. These are the very same words echoed by many other famous leaders in history like Hitler, Stalin and Karl Marx. The next step is for total and complete control by government of your Health & Life. It is necessary in order to carry out Obama's plan to socialize this country.
Obama must be REPLACED! This law MUST be REPEALED! Our government and political system must be REFORMED to reverse and prevent the further erosion of our Constitution and freedoms. Then, once we have solidified our political, economic and financial stability, we can consider social programs or solutions to Healthcare and environmental issues.
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Reporting from Iowa City, Iowa — With his healthcare overhaul now enshrined in law, President Obama warned Republicans Thursday that any attempt to repeal the measure would backfire and that Americans will quickly see that the new package of medical benefits they receive will not usher in “Armageddon aicp study guide
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Obama returned to the city where he first laid out his healthcare proposal as a candidate for president nearly three years ago, the first stop in an aggressive White House push to defend a plan that is likely to be a focal point of the midterm elections in November. Some Republicans have said they will campaign on a promise to repeal the bill, which the president signed into law Tuesday. In a gust of election-year bravado, Obama dared them to try it. Meanwhile, the Senate approved a second healthcare reconciliation bill today and returned it to the House for a final vote ardms study guide.
“They’re actually going to run on a platform of repeal in November,” said Obama, appearing before 3,000 people at the University of Iowa fieldhouse. “And my attitude is, go for it! If these congressmen in Washington want to come here in Iowa and tell small-business owners that they plan to take away their tax credits and essentially raise their taxes, be my guest asvab study guide.”
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