Monday, April 26, 2010

Americans to pay health care penalty

4M Estimated to Pay Health Care Penalty in 2016 - CBS News
Excerpt:
Nearly 4 million Americans will have to
pay a penalty if they fail to get health insurance when that element of
President Barack Obama's health care overhaul law kicks in, according to
congressional projections released Thursday.


The penalties will average a little more than $1,000 apiece in 2016,
the Congressional Budget Office said in a report.


The vast majority of people paying the fine will be middle class,
which would violate Obama's 2008 campaign pledge not to raise taxes on
individuals making less than $200,000 a year and couples making less
than $250,000.



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