Turns out President Obama's "Affordable Care Act" is actually not so "affordable." According to a new report released by the nonpartisan Congressional Budget Office (CBO) last Wednesday, an estimated six million families will now be forced to pay the individual mandate non-compliance penalty tax. So much for the president's promise not to raise taxes on the middle class.
As it goes into effect, we learn more and more about ObamaCare every day -- and none of it is good. It will now affect an estimated 51% more people than what the CBO reported in 2010. With each report and each failing economic year, more and more people will be forced to pay the mandate tax simply because they want to keep their private insurance. Being forced to pay the health care mandate will cost roughly $585 in new taxes per taxpayer in 2016. Not only do they have to pay this tax, but 140 million households who want to opt out will be forced to submit compliance forms to the IRS. That's a lot of personal information and money from people who don't want to participate in a government run, taxpayer funded program.
We are once again reminded of broken promises by the President and the importance of a full repeal of ObamaCare. If these are just estimates, who knows what will happen once the Affordable Care Act actually takes effect in 2014. I will continue to fight to fully repeal ObamaCare and replace it with responsible and targeted solutions to the problems facing our nation's health care system. Bigger government is never the answer.