Friday, November 13, 2009

Obamacare = Massive Tax Increases: Expert

Well, of course it will. Gotta spread that wealth somehow, after all...

Masking the true cost of healthcare is exactly what Democrats have done, Moffit says.

"You're going to see higher premiums, you're going to have higher taxes, you're going to have higher premiums for Medicare," Moffit tells Newsmax in an exclusive interview. "And you're not getting a bend in the spending curve, but rather a $1.3 trillion dollar explosion in additional spending over the next 10 years.

"So I don't know what the White House thinks we're drinking, but the truth of the matter is, none of this is believable," he says.

Moffit says taxpayers' first installment on healthcare's hidden costs may come as early as next week, when the House is scheduled to take up the $210 billion "doctor's fix" bill.
(Emphasis mine)