Friday, June 19, 2015

March 28, 2013
by Earnesto Londono

Study: (click here) Iraq, Afghan war costs to top $4 trillion. The U.S. wars in Afghanistan and Iraq will cost taxpayers $4 trillion to $6 trillion, taking into account the medical care of wounded veterans and expensive repairs to a force depleted by more than a decade of fighting, according to a new study by a Harvard researcher....

The ACA comes with many measures to carry any expense incurred with it. The CBO has stated the ACA contributes to debt reduction.

When Congress repeals the taxes that support the ACA, they reek havoc on the national debt and deficit. Medicaid under the ACA is paid for; it isn't otherwise.  

President Obama should veto the measures passed by Congress to defund the ACA. 

Over the past several years, (click here) a number of proposals have been advanced for repealing the Affordable Care Act (ACA), which became law in March 2010. In this report, CBO and the staff of the Joint Committee on Taxation (JCT) analyze the main budgetary and economic consequences that would arise from repealing that law....

The states that have accepted the Medicaid Extension is 100 percent covered for the costs. The chart below is insurance coverage without the ACA and with the ACA. 


This is from Kaiser. It also states the uninsured seek health care far less than the insured. No clue. But, the consequences for those uninsured is all too often death. Having people uninsured is not an answer to stem health care costs. Most health systems in the USA will state that.

In 2013, (click here) the cost of “uncompensated care” provided to uninsured individuals was $84.9 billion. Uncompensated care includes health care services without a direct source of payment. In addition, people who are uninsured paid an additional $25.8 billion out-of-pocket for their care.

Part of the comparison is the very real fact, Iraq was never paid for except in innocent and soldier lives. That $4 trillion US is slapped right into the national deficit. 

It was only the Democrats with a couple of Independent Congressmen that passed the ACA. They learned the lessons from Iraq and decided the ACA had to be paid for BEFORE it went into effect.

The cost of the war that should have never been fought occurred while the Bush Administration cut taxes and provided fists fulls of cash to every tax paying American in what was coined as "An Economic Stimulus."