Middle-class tax cuts? Not under ObamaCare.

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Chief Justice John Roberts’ recently opined “it’s not our job to protect the people from the consequences of their political choices.” This astute political observation supports the proposition that elections have consequences.

The high court’s recent ruling on ObamaCare leaves in place 21 tax increases in the health care law costing more than $675 billion over the next 10 years. $675 billion is a mind-boggling amount. To better understand just this one monumental tax increase, let us assume you make $50,000 per year and don’t spend a single penny. It would take you 20,000 YEARS to save just $1 billion. To reach $675 billion, you would ‘only’ need 13,500,000 YEARS.

If you think your health care is expensive now, just wait until it is “free.”

@writewing

http://wp.me/pjWTB-VV

Welcome to ObamaCare 2011 – Goodbye FSA, HRA, HSA, MSA

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As of January 1, 2011, your flexible spending account (essentially tax free funds for medical costs) can no longer be utilized to pay for over-the-counter items such as aspirin.

From the IRS.gov:

IR-2010-95, Sept. 3, 2010

WASHINGTON — The Internal Revenue Service today issued guidance reflecting statutory changes regarding the use of certain tax-favored arrangements, such as flexible spending arrangements (FSAs), to pay for over-the-counter medicines and drugs.

The Affordable Care Act, enacted in March, established a new uniform standard that, effective Jan. 1, 2011, applies to FSAs and health reimbursement arrangements (HRAs). [emphasis added] Under the new standard, the cost of an over-the-counter medicine or drug cannot be reimbursed from the account unless a prescription is obtained. [emphasis added] The change does not affect insulin, even if purchased without a prescription, or other health care expenses such as medical devices, eye glasses, contact lenses, co-pays and deductibles. The new standard applies only to purchases made on or after Jan. 1, 2011, so claims for medicines or drugs purchased without a prescription in 2010 can still be reimbursed in 2011, if allowed by the employer’s plan.

A similar rule goes into effect on Jan. 1, 2011 for Health Savings Accounts (HSAs), and Archer Medical Savings Accounts (Archer MSAs). [emphasis added]

Employers and employees should take these changes into account as they make health benefit decisions for 2011.

For details on current rules, see Publication 969 , Health Savings Accounts and Other Tax-Favored Health Plans.

Updates on this and other health care reform provisions can be found on the Affordable Care Act page on IRS.gov. Notice 2010-59 and Revenue Ruling 2010-23, posted today, further explains this change.

While the dumbocRATS in Congress entitled the bill the “Affordable Care Act”, there is nothing “affordable” about changing the tax-favored arrangements previously provided by your FSA, HRA, HSA or MSA.

Yes He Can Bankrupt America: Debt Per Household Increases from $72,000 to $170,000 in 10 Years

On Thursday the Congressional Budget Office (“CBO”) announced:

President Obama’s fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation’s economic output by 2020. [emphasis added]

In its 2011 budget, which the White House Office of Management and Budget (OMB) released Feb. 1, the administration projected a 10-year deficit total of $8.53 trillion. After looking it over, CBO said in its final analysis, released Thursday, that the president’s budget would generate a combined $9.75 trillion in deficits over the next decade. [emphasis added]

“An additional $1.2 trillion in debt dumped on [GDP] to our children makes a huge difference,” said Brian Riedl, a budget analyst at the conservative Heritage Foundation. “That represents an additional debt of $10,000 per household above and beyond the federal debt they are already carrying.”

The federal public debt, which was $6.3 trillion ($56,000 per household) when Mr. Obama entered office amid an economic crisis, totals $8.2 trillion ($72,000 per household) today, and it’s headed toward $20.3 trillion (more than $170,000 per household) in 2020, according to CBO’s deficit estimates. [emphasis added]

That figure would equal 90 percent of the estimated gross domestic product in 2020, up from 40 percent at the end of fiscal 2008. By comparison, America’s debt-to-GDP ratio peaked at 109 percent at the end of World War II, while the ratio for economically troubled Greece hit 115 percent last year

Fundamentally changing America every day for the worse,  is change no one but an obamabot can believe in.

Communist News Network (CNN) Poll Shows Majority Disapprove of Obama for the First Time

According to a CNN/Opinion Research Corporation poll released Monday, 51 percent of respondents disapprove of Obama’s job performance and 46 percent approve of it.

Full Results are located HERE.

Alcee Hastings: “Rules…We Make Them Up as We Go Along”

Democrat Alcee Hastings is the former federal judge who was impeached for engaging in a “corrupt conspiracy“. Unfortunately, the terms of his conviction did not bar Alcee from public office in the future. As such,the cerebral constituency of Florida’s 23rd District elected him to office in 1992, and he has held the position ever since. At least with regard to the current health care debate, Alcee  is honest about what the democrats are doing:

RULES?…WE MAKE THEM UP AS WE GO ALONG

More “change” from Obama and the democrats that you can believe in.

Dear Leader ‘sez Healthcare Premiums Will Drop 3000%!

B. Hussein Obama: The “Magic” Man!

Using either Tim Geithner or Charlie Rangel “math”, President Obama claims healthcare premiums would be reduced 3000%. Really? Notice when the President asks ‘How many people get insurance through their jobs’ (i.e. WHO ACTUALLY HAS A JOB), only a few people in the crowd actually raise their hand.

Video Link: http://www.youtube.com/watch?v=LKWoPe_o82U

The O-bow-ma Chronicles: A Visual Depiction of #obamaFAIL

The leader of the free world continues to bow before everyone, including his most recent bend at the waist before the mayor of Tampa Bay on January 28, 2010. (Is that Charlie Crist on the right waiting to give his pal a big hug?)

I've bowed before the Saudi's & the Emperor of Japan, so why not before the mayor of Tampa Bay?

#obamafail: I did not bow, I was merely bending at the waist...

To bow, or not to bow.

I did not bow, I was merely bending at the waist.

Shortlink: http://wp.me/pjWTB-Ik

Dear Senator: (Feel Free to Forward to Your Senator)

Dear Senator:

Your recent vote on the healthcare bill will go down in history. In fact, all sixty of you will go down in historical fashion. You will lose re‐election bids. You will become the scourge of freedom loving Americans across the nation. In the long‐run, history will anoint you as villains that attempted to sack free enterprise in America and doomed your own constituents to substandard healthcare at premium cost. All under the guise of putting a few people that do not have coverage on insurance, you have created an untenable entitlement. It will do the precise opposite of what you have projected. Costs will increase. People will not be covered. Many will opt‐out and drop out by choice in protest. Refuseniks. The extent of your damage remains to be seen, but damage it will be. Look at just a few examples of big government largesse in America.

In the beginning, Social Security was supposed to provide an incentive for older persons to retire toaccommodate an underemployed workforce in the face of the Great Depression. It was never meant to be an identification process, and in fact, that aspect was much debated. Look at what it has become and how expensive it is now. There is no real “fund” you continue to lie about that fact too. Those funds hit the general account and are gone. What percentage of our annual budget is Social Security now compared to what the projections were back in the 30’s, 50’s 70’s?

Medicare has similar history. It has expanded and become so badly operated that it will be bankrupt before Social Security. Except that there needs to be a “fund” to bankrupt, you continue to lie about that too, and those collected funds get dumped into the general account and spent. Where does this stop?

The stimulus package authorized and passed to supposedly prevent unemployment from rising past 8%. That was the plan and the projection. How’s that working out for you? We are now at 10% unemployment and that is probably low. Do you see a trend here? Those funds, for “shovel‐ready” projects that never existed, have not been developed or approved, are further expenditure of taxpayers (i.e., my) money for unrealistic and fantastical pie‐in‐the‐sky programs. No real infrastructure repair or rebuild. Paying bureaucrats salaries in Sacramento is not a “shovel‐ready” project.

Every time your group of “do‐gooders” with supposed big hearts and obviously empty heads enter into any semblance of power all hell breaks loose because you can’t control yourselves. “Change” to you means everything that we as a nation have done yesterday and do today is wrong, broken, corrupt and must be stopped or changed fundamentally. Perhaps it is because none of you have ever done anything “real” in your life, like held or created a job, paid an employee from your own business efforts or even tried to understand real fundamental economics, and not the Keynesian garbage you deal with in Washington. Or maybe it is due to the mental disorder called liberalism. In either case, you fail to recognize the United States of America did not become the greatest country in the world by oppressing its achievers and performers with Third World Tinpot Socialist programs and tactics. Of course, you do not believe in American exceptionalism. You believe in a “bad” America. The imperialist, racist, capitalist pig oppressive America. “Bad, bad America—be like France or Sweden”.

Yes, congratulations on your diligent effort to royally screw up America and end freedom as we know it. You have played an important role in planting the seed of the next great conflagration. There is an imminent struggle brewing between freedom‐loving Americans and the “sheeple” I call Democrats and their voters. I know which side I am on. Thank you for making it so easy to figure out which side you are on. Like lemmings over a cliff, you are following the wrong lead dog. Always have, and you always will.

It’s revolting.

Sincerely,
Ross Bennett

http://wp.me/pjWTB-Gj

How Low Can Hussein Obama Go?

How Low Can He Go?

Obama Has a Presidential Approval Index rating of -15.

Yesterday, Rasmussen reported Dear Leader Chairman MAObama’s Approval Index rating sank to an all-time low of negative fifteen (-15).

The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 27% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-two percent (42%) Strongly Disapprove.

A recent Gallup Poll released on November 20, 2009 revealed only 49% of Americans approve the job performance of Hussein Obama.

This places him below the majority approval level for the first time in his presidency.

Of the post-World War II presidents, Obama now is the fourth fastest to drop below the majority approval level, doing so in his 10th month on the job.

SHORTLINK: http://wp.me/pjWTB-FW

ObamaCare: Support Falls to New Low (38%)

Rasmussen reports that public support for ObamaCare falls to a new low:

Just 38% of voters now favor the health care plan proposed by President Obama and congressional Democrats. That’s the lowest level of support measured for the plan in nearly two dozen tracking polls conducted since June.

The latest Rasmussen Reports national telephone survey finds that 56% now oppose the plan.

Date Favor Oppose
Nov 21-22 38% 56%
Nov 13-14 47% 49%
Nov 7-8 45% 52%
Oct 30-31 42% 54%
Oct 24-25 45% 51%
Oct 16-17 42% 54%
Oct 10-11 44% 50%
Oct 2-3 46% 50%
Sep 24-25 41% 56%
Sep 16-17 43% 56%
Sep 15-16 44% 53%
Sep 14-15 42% 55%
Sep 13-14 45% 52%
Sep 12-13 51% 46%
Sep 11-12 48% 48%
Sep 10-11 47% 49%
Sep 9-10 46% 51%
Sept 8-9 44% 53%
Aug 25-26 43% 53%
Aug 9-10 42% 53%
Jul 26-27 47% 49%
Jul 20-21 44% 53%
Jul 10-11 46% 49%
Jun 27-28 50% 45%