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red states rule
07-28-2011, 04:22 PM
Another reason to repeal Obamacare. As if we did not have enough reasons already





http://www.washingtontimes.com/news/2011/jul/28/health-care-law-wont-rein-in-costs-study-says/?utm_source=RSS_Feed&utm_medium=RSS



Total spending is projected to grow annually by 5.8 percent under Mr. Obama (http://www.washingtontimes.com/topics/barack-obama/)’s Affordable Care Act, according to a 10-year forecast by the Centers for Medicare (http://www.washingtontimes.com/topics/medicare/) and Medicaid Services (http://www.washingtontimes.com/topics/medicaid-services/) released Thursday. Without the ACA, spending would grow at a slightly slower rate of 5.7 percent annually. …

The federal government is projected to spend 20 percent more onMedicaid (http://www.washingtontimes.com/topics/medicaid-services/), while spending on private health insurance is expected to rise by 9.4 percent. …

“Simply put, this report states the obvious, that Americans have known for more than a year – the $2.6 trillion law only makes the fundamental problem of skyrocketing health care costs worse,” said Sen. Orrin G. Hatch, Utah Republican and ranking member of the Senate Finance Committee.