Larry Snow is a numbers guy.
He has looked at the administrative costs of Obamacare and figured out that it amounts to $1,000 per household.
$115 billion in administrative costs.
115 million families in the USA.
The division is pretty easy.
To put it in perspective, he explains,
“You could pay off $100,000 of mortgage debt on over a million homes (1,150,000) with 115 billion dollars.
“If the mortgage payments were less than $30,000 per year (picking an example dollar amount) 115 billion dollars is more than enough to have stopped all of the two million home foreclosures since our teleprompter-in-chief took office.”
He suggests that for most taxpayer families the forced contribution will be more than $1,000.
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I have been informed this payment is for ten year of administrative costs.
Cal, during the first 10 years, can any family opt out of paying a portion of the $1,000 for a year or two?
If not, then it will cost every household a thousand or more.
Can’t wait until I see my company’s health care premiums go down so the company can afford to give out raises.
“Larry Snow is a numbers guy.”
For all this time I thought he was a people person.”