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One-Percenter: Obama Lists Assets Up to $7.15 Million

One-Percenter: Obama Lists Assets Up to $7.15 Million

Financial disclosure forms released on Thursday reveal that President Barack Obama lists assets worth between $1.95 million and $7.15 million. Obama and First Lady Michelle Obama reported $503,183 in income. Obama receives a presidential salary of $400,000.  Obama also reported

It's Official: Obamacare Sparks 2015 Double-Digit Premium Hikes

It's Official: Obamacare Sparks 2015 Double-Digit Premium Hikes

Opponents of President Barack Obama’s controversial Obamacare program warned that the health law would fail to reduce insurance costs and could result in double-digit premium jumps.  Now it’s official: 2015 filings in the states of Washington and Virginia show large

Obamacare Sends Virginia 2015 Premiums Soaring Up to 16.6%

Obamacare Sends Virginia 2015 Premiums Soaring Up to 16.6%

New filings from Virginia insurance companies reveal that Obamacare will result in premium spikes of up to 16.6% for some customers.  The Wall Street Journal reports that the Anthem HealthKeepers Inc plan’s 110,000 Virginia customers can expect an average 8.5%

California Obamacare Costs $1.2 Billion More than Expected

California Obamacare Costs $1.2 Billion More than Expected

Democratic California Gov. Jerry Brown warned on Tuesday that his state’s Obamacare program will cost California taxpayers $1.2 billion more than the state originally budgeted for.  “I’m proud we did it,” said Brown. “But we also have to take into

Insurance Agents Bagged $30 Million for CA Obamacare Enrollments

Insurance Agents Bagged $30 Million for CA Obamacare Enrollments

The Los Angeles Times reported on Sunday that private insurance agents were responsible for enrolling nearly 40% of California Obamacare enrollees. “Agents deserve credit. They brought in big numbers,” Consumer Union Special Projects Director Betsy Imholz told the Times. “They

Politico: $474,000,000 Spent on 4 Busted Obamacare Exchanges

Politico: $474,000,000 Spent on 4 Busted Obamacare Exchanges

On Sunday, Politico reported that Oregon, Nevada, Maryland, and Massachusetts have thus far spent $474,000,000 in taxpayer dollars on busted Obamacare exchanges. “Nearly half a billion dollars in federal money has been spent developing four state Obamacare exchanges that are

Revealed: 74% of Obamacare 'Enrollees' Already Had Insurance

Revealed: 74% of Obamacare 'Enrollees' Already Had Insurance

A devastating new McKinsey & Co. report finds that Obamacare’s purported purpose – providing coverage for the previously uninsured – has failed. The report concludes that 74% of Obamacare enrollees at the end of the first open enrollment period already had insurance; just 26%

CNN Poll: Only 12% Call Obamacare a Success

CNN Poll: Only 12% Call Obamacare a Success

A new CNN poll finds that just 12% of Americans consider the Obamacare program a “success.” President Barack Obama has pressed fellow Democrats to laud and run on his signature legislative achievement. However, other polls confirm that the law, which

Ballot Initiative Would Disrupt California Obamacare Exchange

Ballot Initiative Would Disrupt California Obamacare Exchange

A California ballot initiative to be voted on Nov. 4 would stymie the state’s Obamacare exchange, known officially as Covered California, by permitting the state insurance commissioner to reject health insurance rate hikes. Opponents of the measure, like advocacy group

'60 Minutes' to Re-Air Peter Schweizer 'Slush Fund' Exposé

'60 Minutes' to Re-Air Peter Schweizer 'Slush Fund' Exposé

This Sunday, 60 Minutes will re-air an investigative report by award-winning CBS reporter Steve Kroft and Government Accountability Institute (GAI) President and Breitbart News Senior Editor-at-Large Peter Schweizer that revealed how members of Congress exploit leadership PAC loopholes to bankroll lavish

Report: Obamacare Customers in for Deductible Sticker Shock

Report: Obamacare Customers in for Deductible Sticker Shock

A new report finds that Obamacare customers are in for sticker shock because, unlike many employer-sponsored insurance plans, the fine print in many Obamacare policies requires patients to meet their deductible before lower-cost prescription drug co-pays kick in.  That means

NYT: Obamacare 8 Million Number Contains 'Many Duplicate Enrollments'

NYT: Obamacare 8 Million Number Contains 'Many Duplicate Enrollments'

President Barack Obama’s much-touted eight million Obamacare “enrollment” figure contains “many duplicate enrollments,” according to the health insurance industry’s leading trade group.  “Insurers have many duplicate enrollments in their system for which they never received any payment,” Senior Vice President

Anti-Poverty Advocates Blast California Obamacare

Anti-Poverty Advocates Blast California Obamacare

Anti-poverty advocates blasted California’s Obamacare executives for prioritizing the processing of Covered California exchange applications to ramp up enrollment numbers at the expense of processing the 900,000 pending low-income Medi-Cal applicants.  “People who don’t have health care are all in

FBI Investigating Oregon Obamacare Disaster

FBI Investigating Oregon Obamacare Disaster

The FBI is investigating the busted Oregon Obamacare exchange which received $305 million in taxpayer-funded federal grants yet failed to enroll a single Oregonian online. The Wall Street Journal reports that the FBI investigation has already begun conducting interviews with

Internet Browser Inventor: Smartphones a Human Need

Internet Browser Inventor: Smartphones a Human Need

Billionaire Internet browser inventor Marc Andreessen tells the New York Times that smartphones have become a human need. “The P.C. isn’t in the first five rungs of human needs, but the smartphone certainly is,” said Andreessen, a venture capitalist at

Pew/USA Today Poll: The GOP Midterm Tsunami Cometh

Pew/USA Today Poll: The GOP Midterm Tsunami Cometh

With only 183 days until the Nov. 4 midterm elections, a new Pew Research/USA Today poll shows Obamacare and the bleak jobs picture have coalesced to put Democrats in a weaker political position than they were before the historic GOP

Obamacare Threatens to Cancel 90,000 Nevadans' Insurance Plans

Obamacare Threatens to Cancel 90,000 Nevadans' Insurance Plans

As many as 90,000 Nevadans may have their health insurance plans canceled this fall due to Obamacare, reports the Las Vegas Review-Journal. Despite the Obama administration’s decision to delay Obamacare’s employer mandate, early plan renewals are beginning to trickle in,