Thomas R. Eddlem
President Obama signed into law February 12 a bill that would increase the federal debt limit by $1.9 trillion to a total of $14.3 trillion. The legislation also included a restoration of the “pay-as-you-go” provision of congressional budgeting that requires new spending proposals in Congress to be matched by cuts or tax increases in order to prevent accelerating the already out-of-control federal budget deficit.
The U.S. House of Representatives on July 9 voted almost unanimously to rebuke President Barack Obama over his June 24 signing statement openly declaring that he could ignore provisions of the law he was signing.
“Cap-And-Trade” global-warming legislation that would — by President Barack Obama's own admission — “skyrocket” electricity rates as well as raise taxes on consumers narrowly passed the House of Representatives June 26 by a vote of 219-212. The legislation would levy new taxes and dramatic new regulations in order to cap carbon and other “greenhouse gas” emissions. Congressional Quarterly reported that eight Republicans who voted for the bill tipped the balance in favor of the legislation.
The Washington Post has reported today that Congress will vote Friday on the 1,092-page American Clean Energy and Security Act (H.R. 2454) to restrict carbon-dioxide emissions in order to fight global warming. The Congressional Budget Office estimates that the measure, which is also known as "cap-and-trade" legislation, would create $846 billion in higher taxes and increase federal “direct spending by about $821 billion.” In addition to the direct tax implications, the bill's extensive new “cap-and-trade” regulations could skyrocket all Americans’ utility bills and create massive job losses.
The ACLU has begun using Arizona's S.B. 1070 immigration law as a fundraising tool.
Former Massachusetts Governor Mitt Romney's highly touted RomneyCare has cost Massachusetts some 18,000 jobs, reduced investment in the state by tens of millions, raised health care costs, and lowered per capita disposable income, according to a computer model study by the Suffolk University-based Beacon Hill Institute. RomneyCare became the model for Obama's national health care reform legislation Congress passed in 2010, including an individual mandate, tax penalties for companies that don't offer care, a health insurance exchange, and several other similar key components.
An article in the most recent edition of the prestigious Journal of the American Medical Association (JAMA) suggests that as many as two million children who are "morbidly obese" should be put on a diet by government and removed from their parents and families if they don't show progress.
A new Rasmussen poll has found that “Support for repeal of the new national health care plan has jumped to its highest level ever.” Sixty-three percent of likely voters now want a repeal of the Obamacare law, according to the poll conducted May 22–23. “Prior to today,” Rasmussen announced that “weekly polling had shown support for repeal ranging from 54% to 58%.”
The new federal healthcare law, often referred to as ObamaCare, will impact all Americans with threats of fines and unprecedented federal intervention in regulating the insurance industry, doctors and healthcare professionals, businesses, and even the family. Art Thompson, CEO of The John Birch Society, explains that the Patient Protection and Affordable Care Act and the reconciliation bill are just a framework to be filled in as bureaucrats add regulations to the new law. “There’s no smoking gun. It’s a cocked pistol that’ll be fired when the regulations come down,” Thompson says, adding that most people “apparently haven’t noticed the fact that this is a program to reach down into every home.” Here’s the impact in brief:
The Obama administration's own financial experts have estimated that the recently passed Patient Protection and Affordable Care Act will increase — rather than cut — overall medical expenses. During presidential campaign, Obama had sold his healthcare reform package as (in the words of his campaign website) providing "lower costs to make our health care system work for people and businesses." But that's not the healthcare package Obama delivered as President.