Politics

A. Barton Hinkle on the Costs and Consequences of Obamacare

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"We have to pass the bill so you can find out what's in it," said Nancy Pelosi during the debate over Obamacare. The Affordable Care Act passed, and Americans are now finding out. It's not a pretty picture.

Obamacare's high costs have already forced businesses to make some tough decisions. Now, reports A. Barton Hinkle, due to a 2.3 percent tax on medical devices, manufactures in Massachusetts—a state with its own single-payer system—are warning of potential layoffs. The unintended negative consequences of health care "reform" keep piling up.