July 27, 2012
When President Obama was selling health reform, he often talked about providing universal coverage. But a Congressional Budget Office report out this week finds that goal getting more elusive.The report found that despite ObamaCare’s $1.2 trillion price tag, it would only cut the ranks of the uninsured in half,
leaving 30 million without coverage. That’s seven million more uninsured than the CBO first projected in March 2010.
These restrictions “make it unlikely the IRS can effectively enforce the individual mandate,” according to a detailed analysis of the tax penalty by Jordan Barry and Bryan Camp, law professors at the University of San Diego and Texas Tech University, respectively.