Heritage: Remember sequestration? Those automatic budget cuts that went into effect when Congress failed to do real budgeting a couple of years ago? It’s hitting Obamacare now.
Both laws have been around for awhile, but the Obama Administration hasn’t done anything to prepare for their collision.
The cuts are hitting a set of subsidies that were supposed to help pay deductibles and co-pays for lower-income Americans with Obamacare coverage. An Obama official pledged there would be a plan before the Obamacare exchanges opened on October 1, but that didn’t happen.
Friday, October 25, 2013
New dilemma: Obamacare meets Sequestration
Knock, knock. Who's there? Sequestration. Oh, crap...
