CBO: 6 million will pay Obamacare penalty.

Discussion in 'Politics & Religion' started by Grandluxe, Sep 19, 2012.

  1. Two million more expected to pay penalty under Obamacare
    By James O'Toole @CNNMoney September 19, 2012: 7:24 PM ET

    NEW YORK (CNNMoney) -- Congress' official scorekeeper said Wednesday that roughly two million more Americans will pay penalties under President Obama's health care law for lacking insurance than had previously been estimated.

    Under the law, Americans must be insured starting in 2014 or pay a penalty assessed on their tax returns.

    Shortly after the legislation passed in 2010, the Congressional Budget Office, working alongside the Joint Committee on Taxation, estimated that in 2016 roughly four million people a year would opt to pay the penalty instead of getting coverage.

    On Wednesday, the CBO and JCT revised that figure up to six million, citing legislation passed since 2010 as well as the weaker economic outlook.

    Penalty payments collected in 2016 are expected to total $7 billion, about $3 billion more than previously estimated
    http://money.cnn.com/2012/09/19/news/economy/healthcare-law-penalty/index.html?hpt=hp_t1
     
  2. At least I will no longer be paying thier bills when they go to The ER and leave with a 7,000 bill they never pay

    As Mitt said its about personal responsibility.


    <iframe width="420" height="315" src="http://www.youtube.com/embed/y6DrH6P9OC0" frameborder="0" allowfullscreen></iframe>

    <iframe width="560" height="315" src="http://www.youtube.com/embed/kYR5JCe55X8" frameborder="0" allowfullscreen></iframe>
     
  3. pspr

    pspr

    And, those people are all in the middle class. Bad Obama. Bad!
     
  4. Are we talking about being treated for a gunshot wound living in the hood?

    Who is paying for that?

    No one is employed, there are some pretty large families in the hood and no one working.
     
  5. Its handled the way Romneycare handles it
     
  6. So you will be voting for Romney then.