What do you know? Democrats are realizing that the Affordable Health Care Act isn’t. It comes at great cost in treasure and jobs.
Every signatory of a request to delay a tax on medical devices voted for its passage. I guess they just found out what was in the bill.
In a letter to Majority Leader Harry Reid, 18 Democrat senators and senators-elect have asked for “a delay in the implementation” of the Obamacare medical device tax. Like most of the significant tax increases in Obamacare, the medical device tax is scheduled to take effect on Jan. 1, 2013, conveniently after the 2012 presidential election.
Each of the 18 Democrat signatories voted for or supported Obamacare in the first place. And now they want a sweetheart exemption from one of its most onerous provisions. Even in Washington DC, that shows a lot of gall.
As you recall, it was critically important to the Democrats in 2010 that they be able to claim that Obamacare was “paid” for during the first ten years and was deficit neutral. In order to promote this fiction, they used all manner of accounting chicanery. Most blatantly fraudulent was that they delayed the start of benefits so that only six years of costs were included in the figures for “the first ten years.”
The other thing they did was slap new taxes and increased surtaxes on all manner of transactions. A the time, they were two or three years in the future. Well, that time is now and the reality of what they have done is upon them. Now that the election is behind them, they have lost the passion for the fiction that their boondloggle must be paid for and deficit neutral. Now they want their spending paid for like all of the rest of their spending: with borrowed money… imaginary money.
There was never a moment when any honest player believed that Obamacare would be paid for. Now we are seeing that reality become evident.Share