ObamaCare Enrollment Covers 1.7% of Formerly Uninsured and Increases Taxes $1.058 Trillion

"Folks can thank me for all that I give you by buying tacky commemorative plates. Remember those?"

And even that's a big maybe.

From the Breitbart article by Wynton Hall:

Obamacare, the plan purportedly created to provide health coverage for the uninsured, has enrolled just 1.7% of America's 48.6 million uninsured.  

News of the disastrous numbers comes as nervous Democrats and President Barack Obama, ahead of the November midterm elections, did their best on Monday's enrollment deadline to put a positive spin on the deeply unpopular Obamacare program. The latest Associated Press poll finds that Obamacare has now hit an all-time low approval rating of just 26 percent. 

The White House now claims an Obamacare enrollment figure of six million people. However, according to The New York Times, at least 20% of those never paid their premiums to activate coverage, leaving them uninsured. That drops the number down to 4.8 million.  

[...]  

Even conceding the White House its alleged six million enrollment figure (which, again, includes duplicates and incomplete applications), that would mean that just 810,000 of paying Obamacare customers were previously uninsured, a figure that represents 1.7% of America's 48.6 million uninsured people. 

Indeed, most of those the White House counts as Obamacare enrollees are among the five million who had their health insurance plans canceled due to Obamacare.

Oh, and did we mention the costs of ObamaCare?

From The Washington Free Beacon:

According to Congressional Budget Office (CBO) estimates, Obamacare is also adding $1.058 trillion in new taxes, including $317.7 billion in payroll taxes, a $111.0 billion tax on “Cadillac” high cost plans, and $55 billion for those who do not abide by the individual mandate.  

[...]  

The senators [Sens. Tom Coburn (R., Okla.) and John Barrasso (R., Wyo.)] predicted that the mandate would negatively impact jobs, which was backed up by the CBO estimate that the law will eliminate the equivalent of 2 million jobs.

Plus, Washington bureaucrats will begin making decisions on patients treatments-- in the name of cost-effectiveness. So let's all get ready to lobby DC for all our ills and treatments to be covered. And if not, then I hope your wealthy. Sound great, doesn't it?

And yet our community-organizer-in-chief has the gall to be running a victory lap right now. Pathetic.