To pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
I’m not happy about the vote, obviously. I imagine that I’ll spend the next decade shaking my head and saying “I told you so” as various pro-bill friends whinge
— about the health insurance they’re forced to buy that doesn’t really cover what they need–so they’re forced to be out of pocket X dollars a month that they just can’t afford.
–about how much harder it is to get in to see the doctor.
–about how much more difficult it is to get basic tests run.
–about how the hospital kicks you out 12 hours after you deliver your baby.
–about how you have to carry your ADULT child on your health plan until he/she is 26 years old. TWENTY-SIX.
–about how your tax refund gets smaller every year. You used to be able to count on it to buy a TV or a Stereo. Five years from now you’ll be lucky if you can use it to pay one month of the mandated insurance premium.
–about how the government is letting Mr. Scary Example die a horrible, lingering death because they won’t approve some insurance charge for some treatment or another.
–about how long you have to wait to have basic surgery.
In short, what seems like a victory now to those of you who yearned for passage of this bill will in due time sink in as the very costly loss that it actually is.