7 Million Americans Will Lose Their Health Insurance Under Obamacare

The estimate of those Americans who will lose their health insurance has moved up from 4 million to 7 million. The actual number may prove to be even worse than either estimate.

Or to put those numbers in perspective, the number of Americans who will lose their health insurance under Obamacare is more than twice Obama's margin of victory in the popular vote in the 2012 election.

On March 23, 2010, Obama said "If you like your current insurance, you will keep your current insurance. No government takeover. Nobody's changing what you've got if you're happy with it."

A new CBO budget report released today says that's probably not true for 7 million Americans. That's the number who are expected to lose employer-based coverage as businesses decide its not worth shelling out for the government approved plans when other options are available.

The estimate of those Americans who will lose their health insurance has moved up from 4 million to 7 million. The actual number may prove to be even worse than either estimate.

Obamacare is a disaster even before the final countdown. It's a giant rock in an avalanche of regulations headed directly for the American health care system, intent on destroying everything in its path.

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