Thursday, July 5, 2012

"The bottom line is clear and troubling: The federal government is about to assume massive new powers"

Officials have already drafted 13,000 pages of new regulations for the new ObamaTax law. - Gateway Pundit

...There has been much focus on the mandate that all Americans obtain health insurance, but analysts say that’s just a small part of the law — covering only a few pages out of the law’s 2700.

“The fact of the matter is the mandate is about two percent of the whole piece of the legislation,” Spalding said. “It’s a minor part.”

Much bigger than the mandate itself are the insurance exchanges that will administer $681 billion in subsidies over 10 years, which will require a lot of new federal workers at the IRS and health department....