–According to the CBO, the largest federal expense in House health-reform bill is $773 billion federal spending (over 10 years) for federally established insurance exchange subsidies (see charts\/last two pages): http:\/\/www.cbo.gov\/ftpdocs\/104xx\/doc10430\/House_Tri-Committee-Rangel.pdf<\/p>\n
Also pg. 2 reads “…the federal government would establish insurance exchanges throughout the country and, more importantly, would subsidize the purchase of health insurance through those exchanges for individuals and families with income between 133 percent and 400 percent of the federal poverty level, also starting in 2013. In that year, the proposal would also establish a requirement for legal residents to obtain insurance and would impose a financial penalty on most people who did not do so (the size of which would generally vary with their income).<\/p><\/blockquote>\n
That final mandate could actually stimulate the economy. The feds might need to build a bunch of new prisons to lock up the people who failed to purchase sufficient health insurance. <\/p>\n","protected":false},"excerpt":{"rendered":"
I am starting to wonder if maybe Obama-Care will not make all Americans healthy after all. Sue Blevins of the Institute for Health Freedom sent out a shotgun email today: –According to the CBO, the largest federal expense in House health-reform bill is $773 billion federal spending (over 10 years) for federally established insurance exchange […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1075","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\n
Will Obama's Health Reform Lead to a Prison Building Boom? - James Bovard<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jimbovard.com\/blog\/2009\/07\/15\/will-obamas-health-reform-lead-to-a-prison-building-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Obama's Health Reform Lead to a Prison Building Boom? - James Bovard\" \/>\n<meta property=\"og:description\" content=\"I am starting to wonder if maybe Obama-Care will not make all Americans healthy after all. 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