The real cost of Obamacare

Written by Joe Pitts on March 26, 2010, 11:20 AM

Obamacare is not reform. It takes our existing entitlement crisis and makes it worse. According to the National Center for Policy Analysis, Medicare and Social Security already are committed to spend $107 trillion more than they are projected to collect from taxes. That is a crisis, and not one that is somewhere down the road. This year, much earlier than once predicted, Social Security will spend more than it collects. This threatens the retirement and health of every American.

Instead of fixing this problem, Obamacare adds to it. Instead of ensuring that every American has the healthcare they need, the new law makes it much harder to keep the entire system from collapsing into bankruptcy. It is hard to overstate how irresponsible this is.

Please read these articles to learn more.  Every American should read these!

National Center for Policy Analysis: "Social Security and Medicare Projections: 2009"
New York Times: "Payback Time: Wave of Debt Payments to Hit U.S. Government" (read the multimedia sidebar, too)
Newsweek: "An Empire at Risk" (cover story)
Forbes: "The 81% Tax Increase"
New York Times: "Moody's Says U.S. Debt Could Test Triple-A Rating"