Expecting health insurance premiums to rise under Obamacare, Democrats are now trying to give Washington price control power over insurance rates.
According to pension consultant Girard Miller that California state and local governments have $325 billion in unfunded pension liabilities, which he said amounts to $22,000 for every working adult in the Golden State.
Sen. Chuck Schumer (D-NY) called President Obama’s Middle East peace strategy “counter-productive,” explaining: “If the U.S. says certain things and takes certain stands the Palestinians say, ‘Why should we negotiate?’”
According to a new Congressional Budget Office analysis, if Obamacare is not repealed by 2016, nearly 4 million Americans – the vast majority of them middle class – will have to pay a little more than $1,000 apiece penalties per year if they don’t get government approved insurance.
The Senate Democrats’ new federal budget would raise taxes on about 30 million people by $3,700 a year by 2012.
Heritage
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