Well, if the Republicans ever grow a backbone and throw it back in their faces, they can start with Obama's failed trillion-dollar stimulus as well as ObamaCare. Both were shoved down the throats of the American people with zero GOP support. There was no compromise, no negotiating, nothing. Obama declared "I won" and that was that.
So if we want to save trillions in future spending, let's start big: Repeal ObamaCare.
One of the main reasons for enacting Obamacare was to bring down health care costs - so said the President, then-House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid. But since its passage, the sweeping overhaul of one-sixth of our economy has done just the opposite. If you think the debt debate on Capitol Hill has revealed that this nation is on the road to fiscal ruin, just wait until health care reform really kicks in.We're already facing a financial calamity thanks to runaway spending. And if you think things are bleak now, wait until we're crushed under the weight of ObamaCare.
The Congressional Budget Office will tell you that we will save $143 billion between 2010 and 2019, but its assumptions were flawed from the start. Doing a close analysis of the budget office scoring, Kathryn Nix of the Heritage Foundation concludes that Obamacare "indisputably represents a massive new burden on current taxpayers and future generations."
Those costs are evident already. "Health care costs are expected to increase by 8.5% in 2012 - slightly up from this year's increase of 8%, according to the annual 'Behind the Numbers' report on medical costs recently released by [PricewaterhouseCoopers'] Health Research Institute," says the online publication Small Business Trends.
According to a Washington Post Op-Ed by Sen. Ron Johnson (R-Wis.) and former Congressional Budget Office Director Douglas Holtz-Eakin, "If half of the 180 million workers who enjoy employer-provided care wind up in the exchanges, the annual cost of Obamacare would increase by $400 billion by 2021. If the other half eventually follows suit, and all American employees wind up in the exchanges - which we believe is a goal of Obamacare - then the annual cost of the exchanges would increase by more than $800 billion."By then this country will lie in ruins.
That means that far too much of the private-sector health care balance sheet would be transferred over to taxpayers to foot the tab. Over 10 years, the costs would be in the trillions.
Wasn't the whole point of Obamacare to bring costs down - and not break the back of the federal budget?
That's why it must be repealed. The debt fight in Washington will be small potatoes today when you think about what it will be after health care reform goes into full effect. But by then, Obama will conveniently be out of office, and we'll be stuck with the bill.
Which seems like the plan all along. Obama's has no plans to offer anyone during the debt crisis. His plan, passed without any Republican, is already leading us toward the abyss. Whoever wins the GOP nod for 2012 better make that abundantly clear.