Since: May 12

Chambersburg, PA

#53983 Nov 15, 2013
Michelle wrote:
<quoted text>Of course it dropped down with higher out of pocket expenses......and higher drug cost and doctor visits. NO ONE can get cheaper monthly premiums and have lower out of pocket money for doctors, hospitals and prescription drugs under obamcare. NO HOW, NO WAY!
You get what you pay for, you can spin it however way you want to.
Learn to read:

"...the exact same policy..."

NOT higher out of pocket expenses - the EXACT SAME policy.

It's not spin - it's the simple truth.

Since: May 12

Chambersburg, PA

#53984 Nov 15, 2013
Rate Shock Probably Affects Less Than 1 Percent of the Country

How many people are subject to rate shock in the individual insurance market thanks to Obamacare? That's a surprisingly hard figure to get a handle on. But here's a rough cut:

- There are about 15 million people who currently get individual coverage.
- Of that, only about 5 million stay in the individual market for more than a year. The rest have individual coverage for only a few months and are minimally impacted by policy cancellations.
- At a guess, maybe a third of these long-term buyers will end up with higher rates for comparable policies once they've shopped the exchange and applied their subsidies.

So that's a grand total of perhaps 1-2 million people. It's a lot. At the same time, it's less than 1 percent of the population of the country. I don't want to minimize the pain that higher rates are causing this 1 percent, but at the same time, we shouldn't be overreacting either. Given the kludgy nature of our current health care system and the realities of American politics, it would be hard to design any kind of large-scale health care reform that did much better.

http://www.motherjones.com/kevin-drum/2013/11...

Since: May 12

Chambersburg, PA

#53985 Nov 15, 2013
Michelle wrote:
Once again obamcare was set up for the poor low class no good for nothing leeches that have been feeding of the governments teats for years.
Your average working class dont get a break on obamacare.
The young and healthy will support the old and sick, thats the way obamcare is set up.
Why punish a young person will no health issues to purchase obamcare. It's like you're forced to buy a fishing/hunting license when you dont fish or hunt?
Oh, I see.

You're a troll.

Nevermind.
Sean H

West Mifflin, PA

#53986 Nov 15, 2013
Sean Hannity Gets Fact-Checked Hard On Obamacare Claims

Sean Hannity has been fact-checked, and the results aren't pretty.

In an article posted on Salon on Friday, Eric Stern "re-reported" a recent episode of Fox News' "Hannity" during which host Sean Hannity invited six guests to tell their Obamacare "horror stories."

According to Stern, there was a lot more to each of the guests' stories than Hannity let on. Stern decided to conduct his own investigation by separately interviewing each guest, and what he said he found was not that the guests were cheated by Obamacare, but rather that they had tried very little, if at all, to participate in the ACA.

Stern accused the Fox News host of using "fake evidence" to "exploit people’s ignorance and falsely point to imaginary boogeymen," deeming it all a part of the "Fox News lie machine."

Paul Cox and his wife Michelle, for example, appeared on the show claiming that their construction business has been hit hard because of Obamacare, giving them no choice but to significantly cut employee hours. Stern noted that Obamacare has no effect on any business with less than 50 employees.

And now back to FIXED news for the most reliable, trustworthy, late breaking unbiased news !

Take a peek here:

http://www.huffingtonpost.com/2013/10/18/sean...

Since: May 12

Chambersburg, PA

#53988 Nov 15, 2013
Congratulations, America! Your deficit fell 37 percent in 2013

The federal government’s 2013 fiscal year ended Sept. 30, though most of us were so busy focusing on the government shutdown that accompanied the new fiscal year that there wasn’t much time to reflect on the year that had passed.

Now the Treasury and Office of Management and Budget is out with the final budget results. Surprise! The deficit fell quite a bit in 2013. The federal government took in $680 billion less revenue than it spent, or about 4.1 percent of gross domestic product. In 2012, those numbers were $1.087 trillion and 6.8 percent of GDP. That means the deficit fell a whopping 37 percent in one year.

This is the first sub-$1 trillion and sub-5 percent of GDP deficit since the 2008 fiscal year, which ended the very month that Lehman Brothers fell and a deep crisis set in.

http://www.washingtonpost.com/blogs/wonkblog/...
680 billion

Los Angeles, CA

#53989 Nov 15, 2013
Dan the Man Chambersburg wrote:
Congratulations, America! Your deficit fell 37 percent in 2013
The federal government’s 2013 fiscal year ended Sept. 30, though most of us were so busy focusing on the government shutdown that accompanied the new fiscal year that there wasn’t much time to reflect on the year that had passed.
Now the Treasury and Office of Management and Budget is out with the final budget results. Surprise! The deficit fell quite a bit in 2013. The federal government took in $680 billion less revenue than it spent, or about 4.1 percent of gross domestic product. In 2012, those numbers were $1.087 trillion and 6.8 percent of GDP. That means the deficit fell a whopping 37 percent in one year.
This is the first sub-$1 trillion and sub-5 percent of GDP deficit since the 2008 fiscal year, which ended the very month that Lehman Brothers fell and a deep crisis set in.
http://www.washingtonpost.com/blogs/wonkblog/...
..........

thank god the house of reps is republican controlled.

some has to keep that sticky fingered chicago gangland thug out of the cookie jar
Congratulations

Los Angeles, CA

#53991 Nov 15, 2013
Dan the Man Chambersburg wrote:
Congratulations, America! Your deficit fell 37 percent in 2013
The federal government’s 2013 fiscal year ended Sept. 30, though most of us were so busy focusing on the government shutdown that accompanied the new fiscal year that there wasn’t much time to reflect on the year that had passed.
Now the Treasury and Office of Management and Budget is out with the final budget results. Surprise! The deficit fell quite a bit in 2013. The federal government took in $680 billion less revenue than it spent, or about 4.1 percent of gross domestic product. In 2012, those numbers were $1.087 trillion and 6.8 percent of GDP. That means the deficit fell a whopping 37 percent in one year.
This is the first sub-$1 trillion and sub-5 percent of GDP deficit since the 2008 fiscal year, which ended the very month that Lehman Brothers fell and a deep crisis set in.
http://www.washingtonpost.com/blogs/wonkblog/...
..........

Congratulations

..........

Given this environment and the leadership transition as Ben Bernanke's term ends in January,

the Fed will likely continue its current stimulus program at full blast

-- buying $85 billion in bonds each month

-- until at least March 2014.

That means QE3 could total around

$1.6 trillion,

calculates Paul Ashworth of Capital Economics.

That's more than either of its two predecessors.

In contrast,

QE1 totaled $1.5 trillion and the second round of stimulus added up to about

$600 billion.

.........

Surprise!

The deficit fell quite a bit in 2013.

Congratulations
G Bush

West Mifflin, PA

#53992 Nov 15, 2013
Obama says deficit is falling at the fastest rate in 60 years

President Barack Obama aimed to refocus the national debate and put the economy front and center with a speech at Knox College in Illinois. It was the same place he spoke as a senator in 2005 about the need for the government to help the middle class. He stuck to that theme in this speech, but now as president, he summarized the improvements that have come on his watch.

He talked about millions of new jobs, burgeoning energy production, and the nation’s improving balance sheet. "Our deficits are falling at the fastest rate in 60 years," Obama told the crowd

Take a peek here:

http://www.politifact.com/truth-o-meter/state...
G Bush

West Mifflin, PA

#53993 Nov 15, 2013
Deficit More Than Cut in Half Since 2009

The Office of Management and Budget and the Department of the Treasury today released the fiscal year (FY) 2013 budget results, which show that we are continuing to make significant progress in reducing the deficit. The final 2013 deficit was $680 billion,$409 billion less than the 2012 deficit and $293 billion less than forecast in President Obama’s April Budget. As a percent of Gross Domestic Product (GDP), the deficit fell to 4.1 percent, representing a reduction of more than half from the deficit that the Administration inherited when the President took office in 2009. The deficit reduction since that point represents the fastest decline in the deficit over a sustained period since the end of World War II.

The deficit has been cut in half since 2009, Thank You Barack !

Take a peek here:

http://www.whitehouse.gov/blog/2013/10/30/def...
G Bush

West Mifflin, PA

#53994 Nov 15, 2013
FACTS:
In May, 2013 the Congressional Budget Office wrote House Budget Committee Chairman Paul Ryan, R-Wis, stating, that it and the Joint Committee on Taxation “most recently estimated the budgetary impact of repealing the [Affordable Care Act] in July 2012. In a letter to Speaker Boehner (sent on July 24, 2012), CBO described the direct spending and revenue effects of H.R. 6079, the Repeal of Obamacare Act, as passed by the House of Representatives earlier in July. In that letter, CBO indicated that the net savings from eliminating the insurance coverage provisions of the ACA would be more than offset by the combination of other spending increases and revenue reductions that repeal of the ACA would entail. On balance, CBO and JCT estimated, repealing the ACA would affect direct spending and revenues in ways resulting in a net increase in budget deficits of $109 billion over the 2013-2022 period.”

The ACA law as written requires a lot of money to be shelled out over the next 10 years -$1.4 trillion. But it also raises tax revenue and the hope is that it will help cut health care costs.

As a result, the Congressional Budget Office estimates that the law as a whole would reduce deficits.

VERDICT:
True.
G Bush

West Mifflin, PA

#53995 Nov 15, 2013
Debunking Paul Ryan's zombie lie: Obamacare doesn't add to the deficit, it actually reduces it

As the Republican extortionists desperately thrash about in search of a rationale for their continuing government shutdown tantrum, Paul Ryan resorts to a zombie lie:

Medicare, Medicaid, Obamacare, those are the big drivers of our debt. This is simply not true!

Take a peek here:

http://www.dailykos.com/story/2013/10/10/1245...
nasal texture

Alexander, ND

#53997 Nov 15, 2013
lancaster people r brainwashed by the grand old party... Tom corbett is just a front for big oil he has handed big oil tax break after tax break n pa. treasurey hasnt reaped any reward for busting gas out of its soil... u want to c how good things can b when big oil pays its share of taxes... look no further than North Dakota a billion dollar surplus in their treasury.
Ronald R

West Mifflin, PA

#53998 Nov 15, 2013
Dow Jones might hit the 16,000 mark today!!
When Bush left office the Dow was 7,949.09

The Bush Stock Market Collapse

Here’s a BushToll nugget that pretty much speaks for itself. When George W. Bush took office on Jan. 20, 2001, the S&P 500 stock market index stood at $1,342.54. The day he left office, it was $805.22, a drop of 40 percent

The Dow Jones Industrial Average fared a bit better. It dropped only 25 percent. Sadly, the tech-heavy NASDAQ shed 48 percent of its value on President Bush’s watch.

From that peak of jobs in January 2008, we lost 734,000 jobs in the first half of 2008. Between June 2008 and December of 2008, we lost another 2,897,000 jobs. That's a total of 3,631,000 jobs lost in all of 2008. I'll repeat: Total Jobs Lost in 2008: 3,631,000.

People depend on their 401k plans to retire on......

Thanks Barack!

I can finally retire since my 401K is overflowing !
Nancy R

West Mifflin, PA

#54002 Nov 15, 2013
Past GOP Presidents lowest job approval

Richard Nixon
July 1974 and August 1974 24%



Gerald Ford
January 1975 and March 1975 37 %



Ronald Reagan
January 1983 35%


George H.W. Bush
July 1992 29%


George W. Bush
October 2008 25%



Even with the Obamacare website ,benghazi, and the NSA obama still has a higher low approval rate then past GOP presidents!!!!!!!!!!
America deserves to fail

Lehighton, PA

#54003 Nov 15, 2013
... and that by itself proves how f'ed up America is. LOL
Lights out

West Mifflin, PA

#54004 Nov 15, 2013
"President Reagan did it (raised the debt ceiling) 18 times. George W. Bush did it seven times."

But the government never shut down!!

But the government was always shut down when Obama wanted to raise the debt ceiling 3 times thus far?

It funny how things even out in the end!

LMAO!
85 billion a month

Los Angeles, CA

#54005 Nov 15, 2013
Ronald R wrote:
Dow Jones might hit the 16,000 mark today!!
When Bush left office the Dow was 7,949.09
The Bush Stock Market Collapse
Here’s a BushToll nugget that pretty much speaks for itself. When George W. Bush took office on Jan. 20, 2001, the S&P 500 stock market index stood at $1,342.54. The day he left office, it was $805.22, a drop of 40 percent
The Dow Jones Industrial Average fared a bit better. It dropped only 25 percent. Sadly, the tech-heavy NASDAQ shed 48 percent of its value on President Bush’s watch.
From that peak of jobs in January 2008, we lost 734,000 jobs in the first half of 2008. Between June 2008 and December of 2008, we lost another 2,897,000 jobs. That's a total of 3,631,000 jobs lost in all of 2008. I'll repeat: Total Jobs Lost in 2008: 3,631,000.
People depend on their 401k plans to retire on......
Thanks Barack!
I can finally retire since my 401K is overflowing !
..........

Ben Bernanke's term ends in January, the Fed will likely continue its current stimulus program at full blast

-- buying $85 billion in bonds each month

-- until at least March 2014.

That means QE3 could total around

$1.6 trillion,

calculates Paul Ashworth of Capital Economics.

That's more than either of its two predecessors.

In contrast,

QE1 totaled $1.5 trillion and the second round of stimulus added up to about

$600 billion.

.
.

Thanks Barack!
I can finally retire since my 401K is overflowing !

My kids and grand-kids have to pay it all back but screw them.
85 billion a month

Los Angeles, CA

#54006 Nov 15, 2013
Ronald R wrote:
Dow Jones might hit the 16,000 mark today!!
When Bush left office the Dow was 7,949.09
The Bush Stock Market Collapse
Here’s a BushToll nugget that pretty much speaks for itself. When George W. Bush took office on Jan. 20, 2001, the S&P 500 stock market index stood at $1,342.54. The day he left office, it was $805.22, a drop of 40 percent
The Dow Jones Industrial Average fared a bit better. It dropped only 25 percent. Sadly, the tech-heavy NASDAQ shed 48 percent of its value on President Bush’s watch.
From that peak of jobs in January 2008, we lost 734,000 jobs in the first half of 2008. Between June 2008 and December of 2008, we lost another 2,897,000 jobs. That's a total of 3,631,000 jobs lost in all of 2008. I'll repeat: Total Jobs Lost in 2008: 3,631,000.
People depend on their 401k plans to retire on......
Thanks Barack!
I can finally retire since my 401K is overflowing !
..........

In February, the Congressional Budget Office published its latest report on the "estimated impact" of the stimulus.

Although it had originally estimated the stimulus would cost $787 billion, CBO now says it will cost $831 billion.

In the second quarter of 2012, CBO estimates, somewhere between 200,000 to 1.2 million people have jobs they otherwise would not have were it not for the stimulus.

Assuming, optimistically, that the number is 1.2 million, that means each of those jobs cost taxpayers $692,500.

As time goes on, the maximum number of jobs sustained by Obama's stimulus will decline rapidly.

By the first quarter of 2013, it will sustain between 100,000 and 600,000 jobs, says CBO.

If it is 600,000, each of those jobs will have cost taxpayers $1,385,000.

By the fourth quarter of 2013, the maximum number of jobs it sustains will be 400,000 — at a cost to taxpayers of $2,077,500 per job.

It is true that Obama entered office in the midst of a deep recession.

But, according to the National Bureau of Economic Research, that recession ended in June 2009, almost four years ago.

Thanks Barack!
The money pig

Washington, DC

#54007 Nov 15, 2013
The money pig in congress needs fed, thou must bow down to the subjugators and pay your tributes!
T Cruise

West Mifflin, PA

#54008 Nov 15, 2013
Cruz lies ....

Did Obama exempt 1,200 groups, including Congress, from Obamacare?

The use of the word “exempted” is much too expansive. He gives the impression that vast segments of politically connected “groups” have been excused from the health care law when in fact he is mostly referring to a one-year waiver that was intended to make the transition to the new system easier for people with bare-bones insurance

. The issue concerning Congress is more complex, but the bottom line is that the administration’s action was intended to reduce an unintended burden, not carve out an exception.

Check it out here:

http://www.washingtonpost.com/blogs/fact-chec...

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