To help pay for
Obamacare, the legislation calls for $523 billion in cuts to Medicare. According to Congressman Mark Kirk (R-IL) the major
cuts to Medicare are:
Medicare Advantage
is cut by $202 billion
Home Health is cut
by $39 billion
Medicare Part B
is cut by $25 billion
Hospital DSH payments
are cut by $25 billion
Medicare Part D
is cut by $10 billion
Medical Imaging
is cut by $1 billion
Preventive Services
is cut by $700 million
Durable medical
Equipment is cut by $1 billion
Power-Driven Wheelchairs
are cut by $800 million
Hospice is cut by
$100 million
Medicare Improvement
Fund is cut by $20 billion
Medigap is cut by
$100 million
And it doesn't look
too good for the American worker either. Americans for Tax Reform and the Heritage Foundation estimate that ObamaCare will
cost over 600,000 per year, broke down by industry as follows:
Agriculture, forestry,
fishing and hunting 5,441 jobs lost
Mining 5,478 jobs lost
Construction 43,316 jobs lost
Manufacturing 105,229 jobs
lost
Wholesale trade 47,663 jobs lost
Retail trade 84,339 jobs lost
Transportation and warehousing 36,806 jobs lost
Utilities
5,271 jobs lost
Information 26,342 jobs lost
Financial Activities 77,269 jobs lost
Professional and business services
132,102 jobs lost
Educational services 32,102 jobs lost
Leisure and hospitality 49,682 jobs lost
Other services 48,564
jobs lost
Total 698,098 jobs lost