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Why ObamaCare Will Cost You More

8/24/09 • Lou Dobbs

The conclusion is shocking. Middle- and upper-middle class Americans could face an enormous increase in their premiums. The hit could easily approach $4,000 for someone earning less than $90,000 -- or more than double that increase as soon as the worker's pay hits six figures. That's because Obama's plan would collect hundreds of billions of dollars in new taxes at the expense of medium earners, and re-channel the money into subsidies for the uninsured, low-income earners, and union retirees over age 55. More...

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