T-4 to Austerity

T-4 to Austerity

Obamacare haters are on the verge of finally having some success in stopping the implementation of the healthcare reform.  If the sequester’s automatic budget cuts go into effect this Friday, federal spending on three of the components of teh Affordable Care Act will be impacted.

Less money will be available for establishing the health insurance marketplaces (exchanges).  State entities trying to establish CO-OP health insurance plans will see less money.  And small business tax credits for offering health insurance will be cut.

But, of course, to achieve this slim success against Obamacare, the opponents have to be willing to put the brakes on the whole economy.