Now we have confirmation of the crushing costs of Obamacare from another source.
Chelsea promises her mother will give people relief from the crushing costs of Obamacare. That will never happen but it’s nice that she admits how unaffordable the Affordable Care Act actually is.
The Weekly Standard quotes her:
…cap on out of pocket expenses. This was part of my mom’s original plan back in ’93 and ’94, as well as premium costs. We can either do that directly or through tax credits. And, kind of figuring out whether she could do that through executive action, or she would need to do that through tax credits working with Congress. She thinks either of those will help solve the challenge of kind of the crushing costs that still exist for too many people, who even are part of the Affordable Care Act and buying insurance…
When Chelsea touts how much better her mom’s plan was, she is mostly being delusional. However, back then the healthcare bubble was not as inflated as it is now, so using the government to help with costs was not as daunting. Also our nation was not as many trillions of dollars in debt, so borrowing more for new spending programs was more feasible.
But Hillary’s executive powers, if she becomes President, won’t enable her to turn back time. Subsidizing costs, whether directly or through tax credits, would have been done in Obamacare if it was still possible. It’s not.
The fact is that, now more than ever, any new massive spending programs mean that the middle class will be hit with new massive taxes.
But if Chelsea Clinton is admitting that Obamacare is a huge financial burden for many, and that it needs to be fixed, then we can be pretty sure that the crushing costs of Obamacare are too evident to be covered up or denied.