Are You Angry Yet?
Posted on | March 27, 2010 | No Comments
ObamaCare manages to slip in another version of Social Security. Money out of your paycheck today, for some potential ‘payoff’ later. After the government bureaucracy takes it’s ridiculously exorbitant cut off the top, of course.
While Congress spent the last year debating how to provide health insurance for the uninsured, a little-known provision slipped into the heath care law that could cost some Americans upwards of $2,000 a year.
The Class Act, otherwise known as the Community Living Assistance Services and Support Act, is the federal government’s first long-term care insurance program.
Under-reported and under the radar of most lawmakers, the program will allow workers to have an average of roughly $150 or $240 a month, based on age and salary, automatically deducted from their paycheck to save for long-term care.
The Congressional Budget Office expects the government will collect $109 billion in premiums by 2019.
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Whenever you are to do a thing, though it can never be known but to yourself, ask yourself how you would act were all the world looking at you, and act accordingly.
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