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Showing posts with the label Mayor Mamdani

Democrats and Affordability Part 2

 Previously we talked about how Democrats drive up costs, but what do they do to make things affordable?  Simple, they give away your tax dollars. Obamacare is a classic example.  Democrats rammed through a boondoggle of a program that has lived up to none of its promises, a key one of which was to reduce the cost of health insurance.  As insurance costs rose and rose, Democrats during the Biden Administration passed a law "temporarily" removing any cap on income levels for subsidies.  This meant that people making as much as $600,000 or more could get federal tax dollars to help pay for their Health Insurance purchased through the marketplace.* The temporary law ended this past December.  Democrats are seeking to extend the removal of the cap on subsidies for 10 more years at a cost to taxpayers of billions of dollars over that time.   That doesn't make health insurance more affordable, it just covers up the rising costs with taxpayer dollars....