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MAPQUEST US!

3461-C L'ville-Suwanee Rd
Suwanee, Georgia  30024 Tel. (678) 546-7890
Fax. (678-546-7372

Click Here to meet our associates and view their resumes
at our sister site, www.advocatefinancialadvisors.com.

 Blog 
Monday, 14 June 2010
AMERICA'S NEW HEALTH CARE SYSTEM REVEALED
UPDATED CHART SHOWS OBAMACARE'S BEWILDERING COMPLEXITY

Washington, D.C. - Four months after U.S. House Speaker Nancy Pelosi famously declared "We have to pass the bill so you can find out what’s in it,"a congressional panel has released the first chart illustrating the 2,801 page health care law President Obama signed into law in March. 

Developed by the Joint Economic Committee minority, led by U.S Senator Sam Brownback of Kansas and Rep. Kevin Brady of Texas, the detailed organization chart displays a bewildering array of new government agencies, regulations and mandates.  

In addition to capturing the massive expansion of government and the overwhelming complexity of new regulations and taxes, the chart portrays:

  • $569 billion in higher taxes;
  • $529 billion in cuts to Medicare;
  • swelling of the ranks of Medicaid by 16 million;
  • 17 major insurance mandates; and
  • the creation of two new bureaucracies with powers to impose future rationing: the Patient-Centered Outcomes Research Institute and the Independent Payments Advisory Board.

Brady admits committee analysts could not fit the entire health care bill on one chart. "This portrays only about one-third of the complexity of the final bill. It’s actually worse than this."

To see chart and entire commentary click here
Posted by: Keith Nabb AT 03:04 pm   |  Permalink   |  0 Comments  |  Email
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Advocate Financial Group, LLC, formerly Affordable Health & Life Plans, Inc and Frazier Cain, LLC.

3461-C Lawrenceville-Suwanee Rd, Suwanee, Georgia  30024
(678) 546-7890 | FAX (678) 546-7372

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