From the Associated Press:
WASHINGTON (AP) — Nearly 6 million Americans — significantly more than first estimated— will face a tax penalty under President Barack Obama’s health overhaul for not getting insurance, congressional analysts said Wednesday. Most would be in the middle class.
The new estimate amounts to an inconvenient fact for the administration, a reminder of what critics see as broken promises.
“An inconvenient fact.” Translated: LIE.
The numbers from the nonpartisan Congressional Budget Office are 50 percent higher than a previous projection by the same office in 2010, shortly after the law passed. The earlier estimate found 4 million people would be affected in 2016, when the penalty is fully in effect.
That’s still only a sliver of the population, given that more than 150 million people currently are covered by employer plans. Nonetheless, in his first campaign for the White House, Obama pledged not to raise taxes on individuals making less than $200,000 a year and couples making less than $250,000.
And the budget office analysis found that nearly 80 percent of those who’ll face the penalty would be making up to or less than five times the federal poverty level. Currently that would work out to $55,850 or less for an individual and $115,250 or less for a family of four.
Average penalty: about $1,200 in 2016.
So, Joe Middle Class GOWP: how’s that Obama vote working out for you?
BZ
As usual, the truth doesn’t match those ‘rosy’ predictions… sigh
Lies. But my comment was a bit too short.
BZ
Obama Lied Again…
OK, I have to take issue with that statement, it is quite inaccurate…
Obama has NOT lied again, the Socialist SOB has never STOPPED lying… It’s not an *again*, it’s bigger and bigger pile of smelly Obama Socialist and libber SHIT…
True; it’s an ongoing abrogation, a bodyguard of lies.
BZ
I completely agree with Fred! San Fran Nan was right about 1 thing in her entire political life, we”ll find out what’s in that POS bill after it’s signed. Bitch! BZ, I don’t usually pimp my site on friends sites, but you HAVE to see my today’s post on NOMObama’s desecration of our American Flag. This information, if spread around enough has the capacity to impact the election. No veteran or active duty service member, cop, or fireman should want to vote for him ever again after what he and his cult have done.
Joe, I have been remiss in my duty, I didn’t have your blog added to my Best of the Blogs on The TexasFred Blog…. That has been rectified…
No one on the Left cares, because no one on the Left has any idea or concern regarding flag etiquette.
Simple as that.
BZ
The Demorats are godless liars. Simple as that.
Their recent convention proved that.
Totally socialist bastards that should be tried and convicted.
But the courts won’t touch them.
But if obongo starts a civil war, which I believe he wants to do so he can impose martial law and send out his DHS storm troopers, then let it be said, let it be done.
Elect Mitt Romney and stop this insanity once and for all!!!
Obama lied? Color me shocked and surprised!