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THANKS OBAMA: Taxpayers Expected To Cough Up Almost $10B More For Obamacare In 2017

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Obamacare will cost taxpayers an extra $9.8 billion of direct subsidies in 2017, according to a report released Thursday from the Center for Health and Economy.

Though tax credits accounted for $32.8 billion in 2016, the report states that “If we assume that the proportion of enrollees receiving premium tax credits remains the same from 2016 to 2017, then the expected federal spending on premium tax credits for 2017 would be $42.6 billion.”

The Obama administration already admitted in October that the Affordable Health Act was becoming less affordable with double-digit rate hikes anticipated. – READ MORE

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