Please verify

Watch LIVE

Real News': New ObamaCare Taxes and Fees to Kick in Soon, Some Democrats Change Tune


Nancy Pelosi once said that we'd need to pass ObamaCare so we could see what's in it. Over two years since the health reform bill's passage and we are still finding out some of the less than pleasant details, including a number of taxes and fees set to go into effect soon.

From a tax is to be placed on medical devices that will cost Americans more than $28 billion over the next decade, a $25 billion fee in 2014 to cover the uninsured, and a a new 3.8 percent Obamacare surtax on investment income for individuals who make over $200,000 a year, among other taxes and fees. Minnesota's Democratic senators are raising alarms over the planned tax on medical devices, with Senators Al Franken and Amy Klobuchar--who mind you both voted for Obamacare--now arguing that the tax could be a job and innovation killer for Minnesota's device companies including St. Jude Medical and Medtronic.

The "Real News" panel discussed the senators change of heart and when other Democrats will start to have to hear more "we told you so" on the inconvenient costs of ObamaCare:

Most recent
All Articles