Posts Tagged ‘State of the Union address’

February 20, 2013

Health Care News

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Tonight, the American people will be watching President Obama’s fifth State of the Union address. How has he done on his promises over the past four years?

Take a look at some of the promises Obama made back in 2009 during his first State of the Union.

“I pledged to cut the deficit in half by the end of my first term in office.”

During his first State of the Union, newly inaugurated President Obama vowed to cut the deficit in half by the end of his first term. Instead, Obama has averaged deficits nearly three times that of his predecessor.

For those who were concerned with President George W. Bush’s $4 trillion national debt, this pledge may have seemed like the “hope and change” the American people voted for in 2008. However, the reality of America’s additional debt over the past four years under the Obama Administration is staggering—almost $6 trillion in four years, on track to triple the amount Bush accumulated over his eight years as President. Now that Obama is heading into his second term, we’ve seen quite a change from the Barack Obama who thought $4 trillion in debt was “irresponsible” and “unpatriotic.”

“Over the next two years, this [stimulus] plan will save or create 3.5 million jobs.”

The President promised great things from the stimulus plan, but as Heritage’s J.D. Foster has said, we have to look at his record. He may have promised 3.5 million new jobs, but he’s 7.7 million jobs in the hole instead.

Read the rest on The Foundry…

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February 29, 2012

Health Care News

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During his 2012 State of the Union address, President Obama barely discussed his health care law. But that doesn’t mean Americans must remain in the dark about how the unpopular health law will impact each and every one of them. Heritage has compiled a series of videos that highlight how individuals and families will be affected by the new law.

Business Owners

Obamacare’s new taxes and mandates on business are a hindrance to economic growth and job creation. The law requires that employers provide health insurance to their employees or face a fine. As the cost of health insurance continues to increase under Obamacare, employers will face increasingly steep costs to keep employees insured and avoid the penalties. According to research by McKinsey and Company, close to one-third of employers says they will definitely or probably stop covering employees once Obamacare is fully implemented; this increased to 50 percent after the law had been explained to employers in greater detail.  (Read the rest on The Foundry…)

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February 12, 2010

Health Care News

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During his State of the Union Address, President Obama declared that “there will be many different opinions and ideas about how to achieve reform, and that is why I’m bringing together businesses and workers, doctors and health care providers, Democrats and Republicans to begin work on this issue next week.” One public servant providing practical solutions is Rep. Paul Ryan (R-WI), who recently introduced his Roadmap for America’s Future Act of 2010. The Ryan bill outlines clear, sound principles to reform entitlement spending and health care. The Roadmap’s health care provisions would bend the cost curve in health spending, make insurance more affordable and accessible, and create a consumer-driven, highly-competitive system. This is how it is done:

1. Changing the Tax Treatment of Health Coverage
Current tax treatment of health insurance gives preference to employer-based coverage by making benefits tax free to the employee and the employer alike. Obviously, this tax policy only benefits those who receive coverage through their employer. It benefits those who also have the biggest benefit packages, usually, but not always, the wealthy. Ryan’s “Roadmap”replaces this inequitable system through creating a system of refundable tax credits of $2,300 for individuals and $5,700 for families for the purchase of health coverage. As Heritage experts have pointed out this will transform the market to respond to patients’ needs, allow portability of insurance between jobs, and further the goal of universal access. (more…)

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February 2, 2010

Health Care News

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President Barack Obama asked Congress not to “walk away” from health care reform in his State of the Union address and to send him ideas for improving health care.

Heritage’s Bob Moffit, director of the Center for Health Policy Studies, says there’s a problem with the Congressional health care plan the President would like to sign – the American people don’t want it. Moffit also has three specific ideas for health care reform that Congress should consider.

Watch the video below, then join the debate in our comments forum:

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February 1, 2010

Health Care News

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Leaders in the House and Senate have a new secret plan to pass President Barack Obama’s sweeping health care plan using strong arm tactics and no transparency.

I wrote back in September that Congress had a plan to ram through ObamaCare by the end of the year, but the American people stopped that plan. Public outrage was amplified by Rush Limbaugh and others in the media who took up the cause to educate Americans about Congress’ plan to railroad the unpopular bill through Congress with little debate and no opportunity for dissent. Cooler heads prevailed and Congress stopped efforts to sneak the bill through Congress. (more…)

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