Breaking Research: Obamacare Tax Subsidies a Drag on the Economy

Margot Crouch / June 22, 2011

While economic growth remains sluggish, the last thing the United States needs is another weight holding it back. Unfortunately, the new health care subsidy program created under Obamacare for low- and middle-income Americans does precisely that.

In recent research, Heritage’s Paul Winfree lays out exactly how the Obamacare subsidies will negatively impact the economy. According to Winfree, “tax subsidies are available for certain households who purchase federally approved coverage in the newly created state health insurance exchanges…unless they are eligible for Medicare or Medicaid or they can receive coverage through their employer that meets standards established in Obamacare.” (more…)