According to the IRS, by 2016 Obamacare will cost a family of five $20,000 per year as a penalty if they don't have Obamacare by that time . Unions are not happy also as they are finding out that Obamacare is going to cost them more, although Obama promised they can keep their insurance without seeing it going up. Recently discovered also buried in the thousands of pages of Obamacare is the penalty added to smokers.
While Obamacare will add more government agencies to oversee the Obamacare, adding thousands of tax-payer subsidized government employees, the private sector in the meantime has no choice but to cut back, lay off people and think twice before expanding as the burden of Obamacare will become too heavy for them to carry.
Copyright 2013
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