Originally posted by Playa
View Post
So AG Insurance subsidies equate to 1/6 of the US economy?
President Obama has touted Affordable Care Act as a way to save money on health care costs. New projections from the Congressional Budget Office, however, anticipate that the federal government will need to spend more on Obamacare than previously thought.
The non-partisan office estimates that the program will cost the federal government $1.34 trillion over the next decade, an increase of $136 billion from the CBO’s predictions in 2015. In 2016 alone, Obamacare will cost a total of $110 billion.
While on the other hand
American farm subsidies are egregiously expensive, harvesting $20 billion a year from taxpayers’ pockets. Most of the money goes to big, rich farmers producing staple commodities such as corn and soyabeans in states such as Iowa.
Sent from my iPhone using Tapatalk Pro
Comment