Obamacare Far, Far Worse Than Imagined

The Congressional Budget Office has said that only about 7% of employers will drop their own company-offered plans and enter the new government plans that Obamacare will feature when the crap hits the fan in 2014. This small percentage, though is likely untrue. More likely it will be somewhere around 30% — or higher — costing the federal gov’t $466 billion in the first decade alone just for the costs of those joining the gov’t exchanges.

Reason TV’s Nick Gillespie has the scary, budget-busting details in the following video.

Nick interviews Glen Morton, author of Passing ObamaCare, which reveals the boondoggle that Obamacare will be. Morton feels that “ultimately everyone” will end pin the gov’t exchanges and will not have private insurance costing the gov’t (and all of us) trillions of dollars.

We cannot afford this mess. Obamacare must be eliminated.

Warner Todd Huston

Warner Todd Huston is a Chicago-based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart's BigGovernment.com, BigJournalsim.com and all Breitbart News' other sites, RightWingNews.com, CanadaFreePress.com, and many, many others. Additionally, he has been a frequent guest on talk-radio programs across the country to discuss his opinion editorials and current events as well as appearing on TV networks such as CNN, Fox News, Fox Business Network, and various Chicago-based news programs. He has also written for several history magazines and appears in the book "Americans on Politics, Policy and Pop Culture" which can be purchased on amazon.com. He is also the owner and operator of PubliusForum.com. Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston and follow him on Twitter, on Google Plus , and Facebook.

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