There has been plethora of news lately about ObamaCare, and none of it is good. Over the past few weeks, we’ve learned that President Obama’s healthcare law could double insurance premiums, add $6.2 trillion to the national debt, and is already leading to layoffs. Unfortunately, this is only the tip of the iceberg. We’ve seen more bad news about the law just in the last few days.
Five Guys to raise burger prices because of ObamaCare: This burger chain announced last week that they would be forced to pass on the added costs of ObamaCare to customers. Five Guys is just the latest business in the restaurant industry to make such a move. ThinkProgress, a leftist blog, is, of course, lashing out because they don’t seem to understand that when an employers costs go up because of regulations, the result is higher prices, slashed hours or even lost jobs.
ObamaCare will hit pet owners at the vet: Are you a dog or cat owner? Thanks to ObamaCare, your vet bills will be more expensive. Why? Vets are raising prices to cover the cost of a tax on medical devices. This once again proves the point that businesses don’t pay taxes — only consumers do.
ObamaCare taxes double original estimate: The Joint Committee on Taxation recently released a report showing that the expected revenue of the 21 tax provisions in ObamaCare have nearly doubled, from $569.2 billion to $1.058 trillion over 10 years.
Again, these three points are just the latest examples of why ObamaCare should be repealed or defunded — and Sens. Ted Cruz (R-TX) and Mike Lee (R-UT) tried to do just that, but were blocked by Senate Democrats, who voted unanimously to keep theunpopular law in place.
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