Just before midnight on Saturday, the House of Representatives passed a massive, 2000-page health care “reform” bill by a 220 to 215 vote. The bill, backed by the Obama administration, will raise taxes. It will also explode state and federal budget deficits and cost far more than promised. It contains special-interest pork, such as racial preferences that drew criticism from the U.S. Commission on Civil Rights.
The massive health-care bill passed by the House contains provisions sought by trial lawyers that will increase medical costs. Doctors afraid of being wrongly sued for malpractice despite providing good quality care order unnecessary tests (or defensive medicine), which wastes at least $200 billion annually.
In his 2008 campaign, Obama promised not to raise taxes on anyone making less than $250,000 a year. But this health care bill would impose a laundry list of new taxes on the middle class, including a tax on uninsured people. Americans for Tax Reform earlier summarized the tax increases in Obamacare: an individual mandate tax (if you don’t have health insurance); an employer mandate tax for each employee if health coverage is not offered; an “excise tax on high-cost health plans”; a “medicine cabinet tax”; capping Flexible-Spending Accounts (FSA’s); abolishing most HSAs; and increasing tax penalties for HSAs.