Remember when Obama promised that we'd see premiums fall by 3,000% under his new health care law? Yeah...big ol' LIE.
Two stories out on Thursday that speak to ObamaCare driving UP costs, not down:
Aetna CEO Sees Obama Health Law Doubling Some Premiums
Blue Shield of California seeks rate hikes up to 20%
And as was predicted well before its passage, that was always the intent of this legal plunder: the federal government drives the private health insurance industry under and transitions the entire system to government-run single-payer.
But check out this compounding ripeness...
Since this fundamental transformation is obviously not gonna happen overnight, and will indiscriminately burden constituents through severe financial and medical strains, Senate Democrats are already undermining their own law and asking for ObamaCare waivers!
Breitbart: Many powerful Democrats, even some of the most liberal among them, are supporting what amounts to a dismantling of President Obama’s signature health care law.
Using “Republican” language to make their case, these Democrats are attempting to repeal some of the funding mechanisms as well as the cost-containment measures that were purportedly inherent in the law.
With some of their most influential constituent groups facing onerous tax increases that are slated to help fund the law’s mandates and regulations, Senators like Al Franken (D-MN), Dick Durbin (D-IL), Charles Schumer (D-NY), Patty Murray (D-WA), John Kerry (D-MA), Kirsten Gillibrand (D-NY), Debbie Stabenow (D-MI), Richard Blumenthal (D-CT), and others -- all of whom voted in favor of the law -- are aiming to delay or outright repeal parts of ObamaCare.
Not surprisingly, as Senate Democrats have gotten a look at what exactly is in ObamaCare, the parts of the law that were intended to control costs have gradually been stripped from the legislation.
Democrats first repealed the CLASS Act, the long-term care insurance provision of the law, which they realized would work against its intended goal of reducing the deficit. Similarly, they repealed another supposed “deficit reducer,” the “1099 provision,” that would have forced burdensome paperwork upon small businesses for the sake of discovering more “taxable” transactions.
Now, Minnesota’s two Democrat Senators, Al Franken and Amy Klobuchar, are using “Republican” terminology to delay the 2.3% medical device tax scheduled to take effect on January 1st. For these Senators, the tax, which is supposed to raise $28 billion over the next decade to fund the law, is now a “job-killing tax” that will not only cost jobs but make it more difficult for American medical device manufacturers to be competitive and innovative.
So there's at least 16 powerful Democrats Senators who are trying to defund and outright repeal this part of the ObamaCare law, not because it's bad legislation, but because it's gonna devastate their constituents, which in turn harms some of their reelection chances and makes all of them look bad. Oops. The hypocrisy of the Left knows no bounds.