The desire to provide health insurance for every citizen is a noble one, but can only be achieved if people who can afford insurance pay the premiums for those who cannot. Consequently, it is an economic impossibility for Obamacare to be implemented without significant additional taxes plus cost reductions in other areas. One of those areas is Medicare which will experience a $700 billion reduction in funding- euphemistically called “cost containment”, by the administration. And that’s just the tip of the latest iceberg. For more, click the link below.
