2015, a Banner Year for Tax Hikes

It is Obamacare stupid. A full report is here.

 

Full List of Obamacare Tax Hikes: Listed by Size of Tax Hike

Complied by Americans for Tax Reform

WASHINGTON, DC — Obamacare contains 20 new or higher taxes on American families and small businesses. Arranged by their respective sizes according to CBO scores, below is the total list of all $500 billion-plus in tax hikes (over the next ten years) in Obamacare, their effective dates, and where to find them in the bill.

$123 Billion: Surtax on Investment Income (Takes effect Jan. 2013): A new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income:

Capital Gains Dividends Other*
2012 15% 15% 35%
2013+ 23.8% 43.4% 43.4%

*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations.  It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income.  It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans.  The 3.8% surtax does not apply to non-resident aliens. (Bill: Reconciliation Act; Page: 87-93)

$86 Billion: Hike in Medicare Payroll Tax (Takes effect Jan. 2013): Current law and changes:

First $200,000
($250,000 Married)
Employer/Employee
All Remaining Wages
Employer/Employee
Current Law 1.45%/1.45%
2.9% self-employed
1.45%/1.45%
2.9% self-employed
Obamacare Tax Hike 1.45%/1.45%
2.9% self-employed
1.45%/2.35%
3.8% self-employed
Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

$65 Billion: Individual Mandate Excise Tax and Employer Mandate Tax (Both taxes take effect Jan. 2014):

Individual: Anyone not buying “qualifying” health insurance as defined by Obama-appointed HHS bureaucrats must pay an income surtax according to the higher of the following

1 Adult 2 Adults 3+ Adults
2014 1% AGI/$95 1% AGI/$190 1% AGI/$285
2015 2% AGI/$325 2% AGI/$650 2% AGI/$975
2016 + 2.5% AGI/$695 2.5% AGI/$1390 2.5% AGI/$2085
Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS). Bill: PPACA; Page: 317-337

Employer: If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees.  Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

(Combined score of individual and employer mandate tax penalty: $65 billion)

$60.1 Billion: Tax on Health Insurers (Takes effect Jan. 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year.  Phases in gradually until 2018.  Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

$32 Billion: Excise Tax on Comprehensive Health Insurance Plans (Takes effect Jan. 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family).  Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions.  CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

$23.6 Billion: “Black liquor” tax hike (Took effect in 2010) This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

$22.2 Billion: Tax on Innovator Drug Companies (Took effect in 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

$20 Billion: Tax on Medical Device Manufacturers (Takes effect Jan. 2013): Medical device manufacturers employ 360,000 people in 6000 plants across the country. This law imposes a new 2.3% excise tax.  Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

$15.2 Billion: High Medical Bills Tax (Takes effect Jan 1. 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI).  The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

$13.2 Billion: Flexible Spending Account Cap – aka “Special Needs Kids Tax” (Takes effect Jan. 2013): Imposes cap on FSAs of $2500 (now unlimited).  Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children.  There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education.  Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center (link is external)) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

$5 Billion: Medicine Cabinet Tax (Took effect Jan. 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

$4.5 Billion: Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Takes effect Jan. 2013) Bill: PPACA; Page: 1,994

$4.5 Billion: Codification of the “economic substance doctrine” (Took effect in 2010): This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

$2.7 Billion: Tax on Indoor Tanning Services (Took effect July 1, 2010): New 10 percent excise tax on Americans using indoor tanning salons. Bill: PPACA; Page: 2,397-2,399

$1.4 Billion: HSA Withdrawal Tax Hike (Took effect Jan. 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

$0.6 Billion: $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Takes effect Jan. 2013): Bill: PPACA; Page: 1,995-2,000

$0.4 Billion: Blue Cross/Blue Shield Tax Hike (Took effect in 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

$ Negligible: Excise Tax on Charitable Hospitals (Took effect in 2010): $50,000 per hospital if they fail to meet new “community health assessment needs,” “financial assistance,” and “billing and collection” rules set by HHS. Bill: PPACA; Page: 1,961-1,971

$ Negligible: Employer Reporting of Insurance on W-2 (Took effect in Jan. 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

Boehner’s Office Tallying the Obama Lies

One may really need a calculator to tabulate the lies from Obama, but at least a staffer has been assigned to keep current. While political correctness is part of the verbal DNA in Washington calling lies ‘Pinocchios’, one must understand that no legislator in decades has used the word ‘lie’ out of the whole political deference thing as lies and omissions are as common pork laden bills.

The State of the Union Speech is coming up, so keep your own tally for 2015.

The President’s Year in Pinocchios

December 31, 2014|Matt Wolking –

In 2013, President Obama’s promise that “If you like your health care plan, you can keep it,” was named Politifact’s “Lie of the Year.” In 2014, amid a mountain of stumbles and scandals, his rhetoric wasn’t received any better.

In May, the White House claimed President Obama first heard about secret waiting lists and deaths at the VA on the news, despite evidence to the contrary. CNN’s Drew Griffin said this was absurd, and more of the administration’s sloppy spin prompted National Journal’s Ron Fournier to ask, “How Dumb Does Obama Think We Are?

It was a prescient question considering comments made by frequent White House visitor and ObamaCare architect Jonathan Gruber, who said “the stupidity of the American voter” was “critical to getting the thing to pass” and bragged repeatedly about helping the president pull one over on the public. When asked about this, President Obama pretended he didn’t know that guy and denied misleading Americans about the law.

His unilateral action was another lowlight. President Obama said 22 times that he couldn’t ignore or create his own immigration law – and then he did. Just like his reasoning for rejecting the Keystone pipeline, his explanations for his flip-flop on executive action didn’t fool anyone.

And that was, of course, just one of these four things he hid from Americans until after the November election.

Looking back on 2014, from the continued cover-up of the IRS scandal, to all the president’s missing hard drives, to his dishonesty regarding the national debt, to the administration’s bogus ObamaCare enrollment numbers, there’s a clear pattern of hiding the truth and misleading Americans.

Indeed, fact checkers had a field day with President Obama this year. The Washington Post alone awarded him a total of 47 Pinocchios, plus one Upside-Down Pinocchio (the worst possible rating).

Here they are, in chronological order:

  • “Unprecedented inspections help the world verify every day that Iran is not building a bomb.” (Two Pinocchios, 2/6/14)
  • “We’ve got close to 7 million Americans who have access to health care for the first time because of Medicaid expansion.” (Four Pinocchios, 2/24/14)
  • “We didn’t have billions of dollars of commercials [for ObamaCare] like some critics did.” (Two Pinocchios, 4/4/14)
  • “Today, the average full-time working woman earns just 77 cents for every dollar a man earns … in 2014, that’s an embarrassment. It is wrong.” (Two Pinocchios, 4/9/14)
  • “Thirty-five percent of people who enrolled through the federal marketplace are under the age of 35.” (Two Pinocchios, 4/22/14)
  • “[Republicans’] willingness to say no to everything — the fact that since 2007, they have filibustered about 500 pieces of legislation that would help the middle class just gives you a sense of how opposed they are to any progress[.]” (Four Pinocchios, 5/9/14)
  • “I want to announce a few more steps that we’re taking that are going to be good for job growth and good for our economy, and that we don’t have to wait for Congress to do. They are going to be steps that generate more clean energy, waste less energy overall, and leave our kids and our grandkids with a cleaner, safer planet in the process.” (Two Pinocchios, 5/16/14)
  • “At the beginning of my presidency, we built a coalition that imposed sanctions on the Iranian economy, while extending the hand of diplomacy to the Iranian government.” (Three Pinocchios, 6/2/14)
  • “When you talk about the moderate opposition [in Syria], many of these people were farmers or dentists or maybe some radio reporters who didn’t have a lot of experience fighting.” (Three Pinocchios, 6/26/14)
  • “So far this year, Republicans in Congress have blocked every serious idea to strengthen the middle class.” (Three Pinocchios, 7/15/14)
  • “If Congress fails to fund it [the Highway Trust Fund], it runs out of money.  That could put nearly 700,000 jobs at risk.” (Two Pinocchios, 7/16/14)
  • “Keep in mind, I wasn’t specifically referring to ISIL [as a jayvee team].” (Four Pinocchios, 9/3/14)
  • “Over the past eight years, the United States has reduced our total carbon pollution by more than any other nation on Earth.” (Two Pinocchios, 9/25/14)
  • “If we hadn’t taken this on, and [health insurance] premiums had kept growing at the rate they did in the last decade, the average premium for family coverage today would be $1,800 higher than they are.  Now, most people don’t notice it, but that’s $1,800 you don’t have to pay out of your pocket or see vanish from your paycheck.  That’s like a $1,800 tax cut.” (Two Pinocchios, 10/17/14)
  • “Health care inflation has gone down every single year since the law [ObamaCare] passed, so that we now have the lowest increase in health care costs in 50 years–which is saving us about $180 billion in reduced overall costs to the federal government and in the Medicare program.” (Three Pinocchios, 11/6/14)
  • “We’ve created more jobs in the United States than every other advanced economy combined since I came into office.” (One Pinocchio, 11/11/14)
  • “Well, actually, my position hasn’t changed [on immigration executive action].” (Upside-Down Pinocchio, 11/18/14)
  • “Understand what this [Keystone XL pipeline] project is. It is providing the ability of Canada to pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else.” (Three Pinocchios, 11/20/14)
  • “If you look, every president — Democrat and Republican — over decades has done the same thing. George H.W. Bush — about 40 percent of the undocumented persons, at the time, were provided a similar kind of relief as a consequence of executive action.” (Three Pinocchios, 11/24/14)

– See more at: http://www.speaker.gov/general/president-s-year-pinocchios#sthash.8H0npCgI.dpuf

Hey Gruber, Read This

This week Jonathan Gruber was a witness in an Oversight hearing where he refused to answer questions regarding his compensation from several sources for his expert financial and economic consultations regarding the Affordable Care Act.

While being coached by his lawyer and likely several others to be contrite over his offensive views on the stupidity of voters regarding the implications of corruption and criticisms, Gruber was told to fall on the sword to save the Democrats who voted for the law. The Democrats during the hearing, were happy to pin blame exclusively on Gruber saving their own credibility while still endorsing a failed law.

Enter Congressman Darrel Issa, Chairman of the House Oversight and Government Reform Committee who carried out his threat from the hearing to subpoena Gruber.

Issa Subpoenas ObamaCare Architect Jonathan Gruber

December 12, 2014

Last night, House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., subpoenaed ObamaCare architect Jonathan Gruber for all documents and communications with federal, state, or local government employees related to aspects of his work on the President’s health care law.

“As one of the architects of ObamaCare, Jonathan Gruber is in a unique position to shed light on the ‘lack of transparency’ surrounding the passage of the President’s health care law, however he has so far been unwilling to fully comply with the Oversight Committee’s repeated requests,” Chairman Issa said in a statement. “This week, Dr. Gruber repeatedly refused to answer several key questions, including the amount of taxpayer funds he received for his work on ObamaCare. The American people deserve not just an apology, but a full accounting, which Dr. Gruber must provide.”

On Tuesday, Dr. Gruber testified before the Committee about his role in developing the President’s health care law.   During the hearing, Dr. Gruber received bipartisan criticism for boasting in 2012 that ObamaCare passed because of a “lack of transparency” and the “stupidity of the American voter.” Centers for Medicare and Medicaid Services (CMS) Administrator Marilyn Tavenner also testified at the hearing about the inflated ObamaCare enrollment numbers CMS reported in September and November 2014.

The subpoena schedule is as follows:

1. All documents and communications to or from any federal, state, or local government employee, including, but not limited to, any document or communication referring or relating to the Affordable Care Act or federal and state health care exchanges.

2. All documents and communications referring or relating to funding, for research or otherwise, from any federal, state, or local government agency, including, but not limited to, any contract(s) with a federal, state, or local government agency.

3. All documents and communications referring or relating to work product produced to any federal, state, or local government agency, for any purpose, including, but not limited to, the results of any and all economic models or simulations.

Gruber clearly views his own world of policy as a place of idealism and integrity. Politics, in contrast, is a realm where “lack of transparency” and “mislabeling” are sad necessities to persuade low-information voters to pursue their own interests. Purposely employing such tactics in an academic paper, for example, would be a scandal (and presumably a firing offense) at Gruber’s Massachusetts Institute of Technology. But liberal academics expect politicians to have greater cunning and lower standards. In fact, academics depend upon the rougher talents of politicians to turn their ideas into reality.

Obama Amnesty Edict Torpedoes Social Security

If you don’t think that foreigners will be granted benefits at the expense of the legal American taxpayers, you need to think again. In a sweeping move, Barack Obama has redefined the definition of citizenship.

Stability of Social Security is at the core of the debate of Obama’s amnesty edict. The financial condition of Social Security is collapsing. The Social Security trust fund will be exhausted in 2033, three years sooner than projected last year, the administration said. And Medicare’s hospital insurance trust fund will be depleted in 2024, the same as last year’s estimate, it said.

“The projections in this year’s report are somewhat more pessimistic than last year’s projections,” Treasury Secretary Timothy F. Geithner said in issuing the annual report on the two programs, which together account for more than 35 percent of all federal spending.

Word spread like a fierce blowing wind south of the border.

Immigration Health Insurance: Undocumented Immigrants Eligible for Medicare, Social Security Benefits Under Obama’s Executive Orders

President Barack Obama’s immigration reform executive action has paved the way for undocumented immigrants to be eligible for Medicare and Social Security benefits, the White House has confirmed.

 

According to White House officials, undocumented immigrants who apply for work permits as a result of Obama’s executive action will be eligible for benefits because they will pay into the Social Security system through payroll taxes. The undocumented immigrants who will pay into the Social Security system, however, will not immediately receive such benefits. As with all Medicare and Social Security recipients, the individual has to work 10 years to become eligible for retirement and health care benefits.

With Obama’s immigration executive actions, none of the immigrants affected by the orders will receive federal assistance including food stamps, welfare or other income-based assistance. Immigrants will not be eligible to receive health insurance under the Affordable Care Act (ACA), also referred to as Obamacare, both federal- and-state-level exchanges.

National Latino and immigrant rights groups have supported Obama’s executive action, but the belief is more can be done especially in the health sector. National Latina Institute for Reproductive Health Executive Director Jessica Gonzalez-Rojas commended Obama on addressing the record levels of deportations and injustices under current immigration laws and policies, and yet action could have been accomplished for one’s health. 

“With this announcement, the president has taken a bold and necessary step to recognize the humanity of immigrant women and families — and he can and should do more. It’s time for this Administration to lift the bans on

health coverage for immigrant women and families, including those granted administrative relief, and to put an end to harmful detention policies,” Gonzalez-Rojas said.

The National Latina Institute for Reproductive Health executive director acknowledged that responsibility to create “lasting, comprehensive solutions” is by Congress. She said, “We look to the House and Senate to stop playing games with the lives of immigrant women and support the health of our families, communities, and economy.”

National Institute for Latino Policy President Angelo Falcon said Obama’s immigration executive action was “way too long overdue,” and it should be recognized as a “temporary band aid” on issues affecting immigrant workers and their families.

“We are also concerned that the President will not fully exercise his power of executive action to impact on all those who should be eligible for legalization, and expect that they will be shortchanged in terms of what should be basic human rights benefits such as health insurance,” Falcon said in a statement, adding the upcoming Republican-controlled Congress will take serious consideration of accomplishing comprehensive immigration reform.

As Latin Post reported, Obama’s immigration executive action will grant eligible undocumented immigrants living in the U.S. as of Jan. 1, 2010, to be deferred from deportation for a renewable three-year period. The three-year period rule will also affect recipients of the Deferred Action for Childhood Arrivals (DACA), who previously was allowed to stay on a renewable two-year basis. The undocumented immigrants must pass criminal background checks and pay $465 for the “work authorization and biometrics fees” and no fee waivers and “very limited” fee exemptions.

Undocumented immigrants who arrived in the U.S. after Jan. 1, 2010, and in the future, are not eligible of Obama’s executive actions.

***

So the real fight begins and it is not racist, it is economic.

Fight brewing over Social Security benefits for illegal immigrants

A new clash over retirement benefits has come to a head following President Obama’s decision to unilaterally protect up to 5 million illegal immigrants from deportation.

The White House now acknowledges that many of the illegal immigrants spared from deportation under Obama’s sweeping executive action will become eligible for Social Security and Medicare benefits once they reach retirement age.

The conservative backlash has been swift and will certainly extend into a GOP Congress’ deliberations in 2015 over how to limit the reach of the president’s immigration blueprint.

A central argument in Obama’s defense of the most extensive overhaul to the immigration system in decades was that those given reprieves from deportation would not qualify for Obamacare benefits. The president reminded critics that Dream Act-eligible immigrants previously granted deportation deferrals could not enroll in federal health exchanges.

However, Obama was less eager to wade into the debate about what to do with newly protected immigrants now paying into Social Security. He didn’t address the matter while outlining his immigration plan in a prime-time address to the nation, but White House aides later confirmed GOP suspicions about how Obama’s unilateral move would affect retirement benefits.

 

Analysts said that Republicans would use the admission to argue the president is misleading the public about the details of his immigration action.

“It is a bit of surprise,” said Michael Tanner, a senior fellow at the Cato Institute who focuses on entitlement programs. “For a long time, there was an argument made by the administration that [undocumented immigrants] would not be eligible for such benefits. It does seem to be a contradiction.”

For Republicans, this debate is about far more than just Social Security. It fits into the broader narrative of painting the president as unwilling to spotlight an unpopular provision of his agenda until after it has been enacted.

“It’s Obamacare all over again, ‘If you like your doctor, you can keep your doctor,” one House GOP leadership aide told the Washington Examiner. “Obama was very clear on this issue. He said no benefits. What the president says just isn’t credible. That couldn’t be any more obvious by now.”

The administration says Obama’s move is sound fiscal policy, that it makes sense to grow the tax base. They also argue that it would be unfair to force people to pay into Social Security and not reap the same benefits as everybody else.

Immigrants would have to work at least 10 years to qualify for Social Security and Medicare benefits, administration officials said, and Obama’s executive action could always be reversed by any of his successors.

Though quiet about the Social Security implications of the president’s latest executive action, the White House has long argued that comprehensive immigration reform would strengthen the long-term outlook of entitlement programs.

“Over 500 days ago, the United States Senate passed legislation with bipartisan support to improve border security, streamline the immigration process and establish a firm but fair path to citizenship,” Vice President Joe Biden wrote in an op-ed this week in Irish Central. “It would be an absolute game-changer for our economy, adding $1.4 trillion to our economy and reducing the deficit by nearly $850 billion over 20 years, and extending the solvency of Social Security by another two years.”

However, some fiscal hawks say that any short-term benefit of having more people paying into Social Security would be eclipsed by the burden of paying out benefits to potentially millions of additional people.

Republicans also point to the illegal immigrants not yet covered by Obama’s unilateral action.

“It is also important to keep in mind that while 5 million [illegal immigrants] benefit affirmatively from executive amnesty with work permits, photo ID’s and social security numbers, almost all of the other 7 million illegal immigrants continue to remain functionally immune from enforcement,” said Stephen Miller, a spokesman for Sen. Jeff Sessions, R-Ala. “The problem for American workers will be compounded even more when the amnesty produces the ensuing wave of new illegal and chain migration.”

 

 

 

Schumer Breaks Ranks on Obamacare

Obamacare Will Cost 2.9 Million or More Jobs a Year

Obamacare Facts & Figures

  • The law cuts an estimated $716 billion from Medicare over ten years. However, these “savings” are not set aside to preserve Medicare’s future, instead they are used to fund new spending created by the law.
  • Nearly one-third of all seniors rely on Medicare Advantage, the private health care option in Medicare. Despite the program’s growing enrollment and beneficiary satisfaction, Obamacare makes deep cuts to the program that jeopardize its viability in coming years.
  • In addition to payment cuts, Obamacare imposes new taxes on drug companies and medical device makers, and new regulations that will make health care more costly for seniors.

So, what is the real reason that Senator Chuck Schumer now opposes Obamacare?

Chuck Schumer Flip-Flops on the Politics of Obamacare

2:20 PM, Nov 25, 2014 • By JOHN MCCORMACK

Chuck Schumer, the high-ranking Democratic senator from New York, gave a speech today at the National Press Club in which he said that it “made no political sense” for Democrats to focus on passing the Affordable Care Act. The New York Times reports:

“Unfortunately, Democrats blew the opportunity the American people gave them,” Mr. Schumer said, according to his prepared remarks. “We took their mandate and put all of our focus on the wrong problem – health care reform.”

Mr. Schumer’s calculus could seem coldly political. He points out that only a third of the uninsured population is even registered to vote. “To aim a huge change in mandate at such a small percentage of the electorate made no political sense,” he said. “So when Democrats focused on health care, the average middle-class person thought ‘the Democrats are not paying enough attention to me.’”

Back when the Affordable Care Act was signed into law, Schumer was singing a different tune. The weekend after the law was enacted, Schumer claimed on Meet the Press that it “really does deliver for the middle class” and confidently predicted that by November 2010 “those who voted for health care will find it an asset, those who voted against it will find it a liability.”

“I think as people learn about the bill, and now that the bill is enacted, it’s going to become more and more popular,” Schumer said. “The lies that have been spread, they vanish because you see what’s in the bill. We had ‘death panels’ in the summer. People are going to see there are no death panels. ‘Illegal immigrants are going to get health care,” it’s clear that’s not true in the bill. And the number one lie that bothers people is ‘You’ll lose your insurance if you have it now and you’re pretty happy with it.'”

Of course, Democrats were blown out in 2010 after the bill passed and again in 2014 after it was implemented and millions of Americans learned that what Schumer called “the number one lie that bothers people” was actually true.

When Schumer was asked during his 2010 Meet the Press appearance about polling that showed the middle-class opposed the Affordable Care Act, he replied:

Well, it really does deliver for the middle class. But, as I said, there are lots of, lots of misinformation. That firefighter in Rockville Centre, and you could repeat that with tens of millions of families, are worried. People ask themselves, particularly at a time of recession, “How is it going to affect me?” They’ve been told by special interests that are against the bill that they will lose their coverage. People who have coverage now, whether through an employer or Medicare, will keep it and it will get better, actually, because the waste and the duplication will, will be cut back greatly. They’ll keep it longer, they’ll keep it better, they’ll pay less. So this is a bill aimed at the middle class. And my point being, if you look at a snapshot poll today, some of them show–there was one that was 49-40 in favor of health care, this one’s against it. But I would predict to you, and I feel very, very strongly about this and firmly about this, that as people learn what’s actually in the bill, that six months from now, by election time, this is going to be a plus because the parade of horribles, particularly the worry that the average middle-class person has that this is going to affect them negatively.

That Schumer, arguably the Democrats’ top political strategist in Congress, would now publicly admit that the politics of Obamacare has been terrible for Democrats is remarkable. It should send chills down the spines of the law’s supporters.