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Old 12-10-2014, 12:25 PM
Rags123 Rags123 is offline
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In addition and not sure everyone is aware of this but part of the funding for this law is coming from interest on student loans...

" Affordable Care Act is set to cost students enrolled in the government’s loan program $8.7 billion in extra interest over the next decade, according to a report published by the non-partisan Congressional Budget Office (CBO).

If savings were kept inside the loan program, instead of transferred to Obamacare, as some Republican senators are suggesting, they could allow the Department of Education to lower student interest rates to 5.3 percent from 6.3 percent, according to the CBO."


CBO: Feds siphoning billions from student loan program to fund Obamacare

This is not something you hear much about and how much of this cost is being paid by college students is subject to an accounting discussion.

I offer this link which is the letter from the CBO to Speaker Pelosi.

http://www.cbo.gov/sites/default/fil...dreconprop.pdf

All of this fits under the lack of transperancy in this law. I simply hope that something can be done before it is rolled out totally. I am afraid of the impact on small business as that part has yet to come.