‘1099’ Repeal Speaks Volumes About ObamaCare

By Michael F. Cannon

From my latest Kaiser Health News op-ed:

When 34 Senate Democrats joined all 47 Republicans last week to repeal ObamaCare’s 1099 reporting requirement, their votes confirmed what their talking points still deny: ObamaCare will increase the deficit, no matter what the official cost projections say…

This public-choice dynamic [of concentrated benefits and diffuse costs] is why the Congressional Budget Office, the chief Medicare actuary, and even the International Monetary Fund have discredited the idea that ObamaCare will reduce the deficit. It is one of the principal reasons why, as Thomas Jefferson wrote, “The natural progress of things is for liberty to yield, and government to gain ground.” In other words, the game is rigged in favor of bigger government.

It also explains why the Obama administration is sprinting to implement ObamaCare in spite of a federal court having struck down the law as unconstitutional. The White House needs to get some concentrated interest groups hooked on ObamaCare’s subsidies – fast.

Read the whole thing here.

Topics:
General, Government and Politics, Health Care, Constitution, the Law, and the Courts, Political Philosophy, Regulatory Studies
Tags:
1099, big government, concentrated benefits and diffuse costs, congressional budget office, farm subsidies, federal deficit, health care reform, international monetary fund, irs form 1099s, jon gruber, Medicare, Medicare actuary, Medicare Advantage, medicare cuts, Obamacare, public choice, rent-seeking, Rick Foster, special interest groups, Thomas Jefferson, Tom Daschle