Fix Health Care Policy

There is an obvious omission from all the previews of the President’s upcoming speech on jobs: Obamacare.

Obamacare is perhaps the most damaging of the Administration’s policies that are impeding the country’s recovery. At a time when there should be a focus on cutting spending, reducing regulation, and lowering taxes, Obamacare does the complete opposite. It spends more, imposes costly new mandates and regulations, and raises taxes on individuals and businesses. This is no way to get the economy up and running again.  (Read the rest on The Foundry…)

Tags: Administration, job creation, mandates, ObamaCare, raises taxes, regulations, speech

This Sunday while defending charges that he was a “man who wants to redistribute wealth,” President Barack Obama told Fox News‘ Bill O’Reilly: “I didn’t raise taxes once.” As PolitiFact points out, not only is this completely false, but President Obama began raising taxes almost immediately upon taking office:

The idea that Obama did not raise taxes is just plain wrong. He signed legislation raising taxes on cigarettes and other tobacco products soon after taking office; that money goes to pay for children’s health insurance programs. The law went into effect in 2009. He also signed the health care law, which includes taxes on indoor tanning that went into effect last year. (Regular PolitiFact readers will remember our fact-check of reality TV star Snooki and her complaint about the new tax last year.) (Read the rest at the Foundry…)

Tags: children's health insurance programs, cigarette taxes, raises taxes