WHAT'S AT STAKE WITH OBAMACARE
December 1, 2009
This week, the Senate decides how much more involvement the federal government will have over the private health care sector -- one-sixth of the nation's overall economy. With a record-breaking 2,074 pages, there are plenty of provisions in Senate Majority Leader Harry Reid's (D-Nev.) health care bill that most Americans probably aren't aware of, says the Heritage Foundation.
Here are some of the highlights:
- The Senate bill breaks President Barack Obama's promise not to impose new taxes on middle-class Americans.
- The legislation allows feds to micromanage all private health insurance plans.
- The bill creates the health exchange framework that allows for a government-run health plan to overtake the health insurance market.
- Its 20-year costs are more in the $4.9 trillion price range once you cut through the budget gimmicks.
- The Reid health bill leaves businesses, especially small businesses, out of the picture.
- The legislation's employer and individual mandates use taxes to punish uninsured Americans and companies that hire workers from low-income families.
- The bill's eight pages regarding abortion policies include language that fosters coverage of elective abortions and diminishes the right of insurers that don't want to cover elective abortions.
As amendments are offered and more provisions unearthed, Americans can expect to hear about greater liberties Congress is taking with regards to the public's health decision-making powers, says Heritage.
Source: Marguerite Higgins, "Get Equipped on What's at Stake with ObamaCare," Heritage Foundation, November 27, 2009.
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