Obamacare Slaps $15,000 Annual Fee on Middle Class Families

Townhall.comby Terry Jeffrey

The Congressional Budget Office's analysis of the final Senate health care bill indicates it would slap a mandatory annual fee of about $15,000 on middle-class families that earn an annual income greater than 400 percent of the federal poverty level ($88,200 for a family of four) and are not provided with health insurance by their employer.

On Dec. 19, the CBO sent a letter to Senate Majority Leader Harry Reid, D-Nev., analyzing the fiscal impact of the bill the Senate is poised to vote on before Christmas.

The CBO analysis cites five basic facts about the bill that acting together would deal a devastating financial blow to many middle-class families if the bill is enacted and enforced as written.

More: http://townhall.com/columnists/TerryJeffrey/2009/12/23/obamacare_slaps_$15,000_annual_fee_on_middle_class_families