HHS set to blow $1 TRILLION in 2015 as health-care costs grow by leaps and bounds
The Department of Health and Human Services is expected to spend over one trillion dollars in 2015 — but HHS Secretary Kathleen Sebelius has never once testified before the Senate’s Budget Committee on either Obamacare’s costs or the president’s budget at large.
“The Department of Health and Human Services is projected to spend over $1 trillion in FY2015 under the president’s budget, and health care costs — which today comprise nearly 30 percent of all federal spending — are growing more rapidly than other areas of the budget, especially over the long-term. It would be good for members of the Committee to discuss these matters with Secretary Sebelius,” Alabama Republican Sen. Jeff Sessions said on Monday, according to The Hill.
Sessions, a ranking member on the Budget Committee, has stridently criticized President Barack Obama’s health-care law and the high costs it imposes on Americans. Back in 2012, Sessions blasted a $17 trillion funding gap that came to light during a grilling session between Supreme Court justices and the law’s supporters. Long-term promises written into the law will squeeze $17 trillion out of taxpayers — not counting the existing shortfalls from Medicare, Medicaid and Social Security spending, which brings the total to an eye-popping $99 trillion.
The U.S. produces only $15 trillion worth of goods and services each year.
“The bill has to be removed from the books because we don’t have the money,” Sessions said. (RELATED: Another $17 trillion surprise found in Obamacare)
Exploding health care costs may impose restrictions on Obama’s second term wish list, which includes a top-down rewrite of U.S. immigration laws. Republicans, while expressing support for allowing 11 million illegal immigrations to become voting citizens, are reluctant to back bipartisan immigration reform because they don’t trust Obama to enforce existing laws. (RELATED: Obama threatens to veto bill that would require administration to enforce laws)
Last March, Sessions worried that frontloading Obamacare with millions of foreign enrollees might tank entitlement programs and send costs spiraling out of control.
“The core legal and economic principle of immigration is that those seeking admission to a new country must be self-sufficient and contribute to the economic health of the nation,” Sessions said in a statement as the Senate voted down an amendment that would prohibit newly-legalized immigrants who broke immigration laws from receiving health-care benefits. “But, for years, the federal government has failed to enforce this law. This principle is even more urgent when dealing with those who have illegally entered the country.”
Meanwhile, health-care costs imposed by Obamacare continue to mount as the administration fails to track enrollees and unilaterally suspends requirements until after the 2014 midterm elections, which endanger the party’s hold on Congress. (RELATED: Republican winner in special election immediately mocks Nancy Pelosi)
Sebelius admitted that Obamacare premiums will increase in 2015 on Wednesday — but had no idea how many Obamacare enrollees had actually paid their premiums or previously had insurance.
“I think premiums are likely to go up, but go up at a slower pace,” Sebelius claimed at the House Ways and Means Committee hearing.