Nancy Pelosi bill: Jail for no insurance
The bill describes the penalties as follows:
• Section 7203 — misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.
• Section 7201 — felony willful evasion is punishable by a fine of up to $250,000 and/or imprisonment of up to five years." [page 3]"
This Congressman says that the version of the bill that was passed has a $250,000 penalty (ie your house) and 5 years in prison for each year you refuse to buy insurance from a for-profit insurance corporation.
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