Sununu: Administration Will Raid Treasury to Fund Obamacare

Tuesday, 11 Mar 2014 09:00 PM

By Greg Richter

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Former New Hampshire Gov. John Sununu predicts that when health insurance signups fall short of the White House's goal of 7 million, taxpayers will be forced to foot the bill.

"They're just going to go and raid the treasury," Sununu said Tuesday on Fox News Channel's "On the Record with Greta Van Susteren."

As of Feb. 28, 4.2 million people had enrolled under the Affordable Care Act, the government reports, and Sununu is among those predicting enrollments will not meet the government's goal of 7 million by March 31.

Sununu told Van Susteren that enrollments will be short by 2.5 million overall and by 1.5 million on young people, who are intended to help fund those older and sicker.

"This act is a complete failure," Sununu said. "It was designed to abuse the young folks and take their money to take care of the healthcare of old folks like me. It's not working. It's destroyed the best healthcare system . . . And the president still thinks he's done something."

Sununu also predicted that the pressure put on states to expand Medicaid will be "a ticking time bomb on state budgets for the next decade."

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Obese Cops Told to Shape Up, Pay for Own Equipment

Tuesday, 30 Sep 2014 13:49 PM

Overweight cops in a New York Police Department unit are outraged that they have been ordered to get in shape by their c . . .

Minneapolis Paper Under Fire for Full-Page Anti-Transgender Ad

Tuesday, 30 Sep 2014 13:18 PM

Minnesota's largest news outlet, the Minneapolis Star Tribune, has sparked criticism after running a full-page anti-tran . . .

Poll: Many Democrats Oppose Obama's Immigration Policies

Tuesday, 30 Sep 2014 12:50 PM

A surprising number of Democrats and swing voters have strong views opposing President Barack Obama's immigration polici . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved