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  Topic: Fiscal Cliff Deal Kills Insolvent
Obamacare Element
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Fiscal Cliff Deal Kills Insolvent
Obamacare Element

Breitbart.com, by Ben Shapiro

Original Article

Posted By:M2, 1/2/2013 9:11:05 AM

As part of the fiscal cliff deal reached by Congressional leaders and Vice President Joe Biden last night, the so-called CLASS Act – an integral component of Obamacare – will be repealed. CLASS Act – the Community Living Assistance Services and Supports Act -- is a new long-term entitlement program that even Democrats recognized was completely unsustainable It would pay $50 per day for long-term care services for anyone who had paid into the system for five years. In order for the program to work, people would probably have to pay $3,000 per month into the system.

      


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Reply 1 - Posted by: swarfer, 1/2/2013 9:32:29 AM     (No. 9094476)

Its the begining of the long road to a complete rework of the Obamacare legislation. Obama doesn´t really isn´t concerned since his name will be forever associated with some major legislation even if it eventually becomes unrecognizable in the future. Fortunately it won´t take 75 years for America to come to grips with his real legacy as it did with Roosevelt.

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Reply 2 - Posted by: KTWO, 1/2/2013 11:07:44 AM     (No. 9094668)

If it wasn´t repealed yet don´t expect Biden and the Democrats to honor the deal later. Washington no longer works that way. And Obama can simply veto it anyway.

Most probable outcome, CLASS will be changed to substantially increase the $50 and yet hold premiums down thus producing another financial drain.

When asked, Biden can say changing it, not repealing it, was the deal made. And the media will too.

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Reply 3 - Posted by: so_free_me, 1/2/2013 3:35:30 PM     (No. 9095130)

It´s all a ponzi scheme: Social Security, Medicare, Obamacare, SSI. Bernie Madoff is a righteous man compared to Obama et al.

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