“YES” on Full Repeal
This week, the House is expected to vote on the Repeal of Obamacare Act, which as the name implies would repeal President Obama’s government takeover of healthcare in its entirety. Due to the exorbitant costs, mandates, taxes and infringements on freedom, Obamacare has become toxic for the country and the American people.
Two years ago, Congress crafted this legislation behind closed doors, the details kept secret from the American people. Since then, Americans have seen their premiums rise by 1% to 3% (about $1,200) each year since the law was passed.
Not only have premiums gone up, but the Congressional Budget Office (CBO) reevaluated the cost of the bill and found that their initial estimate of $940 billion was woefully inaccurate, and that the true cost of the bill was at least $1.76 trillion (other estimates put that number even higher).
To pay for this tremendous cost, Obamacare imposes at least 21 new or higher taxes on the American people, and 75% of the costs would fall on those making less than $120,000 a year. From taxes on tanning beds to medical devices to taxes on the people themselves for not purchasing government-approved health insurance, the effect this bill has had, and will continue to have, is devastating to our economy. Additionally, the law:
- Puts tens of millions of American at risk of losing their employer-sponsored health insurance;
- Creates a 15-member, unelected and unaccountable Independent Payment Advisory Board tasked with saving money, but their recommendations will lead to healthcare rationing, and;
- Funds plans that cover abortion, and forces those with religious, moral or ethical beliefs to pay an abortion premium.
Congress should repeal this law in its entirety to stop the spending, taxes, mandates and regulations from further crippling our economy.
Heritage Action supports full repeal and will include it as a key vote on our scorecard.
Saving the American Dream: The U.S. Needs Commonsense Health Insurance Reforms
The Case Against Obamacare: Health Care Policy Series for the 112th Congress
Obamacare’s Failings Go Well Beyond the Individual Mandate and Medicaid
Why Congress Should Not Preserve Flawed Obamacare Policies
Heritage Action Responds to Supreme Court’s Misguided Decision