House Republicans late Thursday released their proposal to repeal the
2010 healthcare law, arguing that it has increased healthcare costs,
puts Americans at risk of losing coverage and is dragging down the
economy.
The Repeal of Obamacare Act is a response to the Supreme Court's decision to uphold the law, and argues that despite that ruling, solving the nation's healthcare problems must begin with repeal of the law.
"The path to patient-centered care and lower costs for all Americans must begin with a full repeal of the law," the Repeal of Obamacare Act reads. The bill was introduced by House Majority Leader Eric Cantor (R-Va.).
The bulk of the seven-page bill consists of a findings section that says the Patient Protection and Affordable Care Act has failed to live up to President Obama's promises for the law. For example, it finds that "tens of millions of Americans are at risk of losing their healthcare coverage," even though Obama promised people they could keep their coverage if they liked it.
It says the law has not lowered healthcare costs, and that average families paid $1,200 more in the year after passage.
The bill also reiterates GOP arguments that the law is a drag on the national economy, in large part due to thousands of pages of regulations even before the law really takes hold in 2014.
"The law and the more than 13,000 pages of related regulations issued before July 11, 2012, are causing great uncertainty, slowing economic growth, and limiting hiring opportunities for the approximately 13 million Americans searching for work," it reads. "Imposing higher costs on businesses will lead to lower wages, fewer works, or both."
Read more: http://thehill.com/blogs/floor-action/house/236405-gop-releases-repeal-of-obamacare-act
The Repeal of Obamacare Act is a response to the Supreme Court's decision to uphold the law, and argues that despite that ruling, solving the nation's healthcare problems must begin with repeal of the law.
"The path to patient-centered care and lower costs for all Americans must begin with a full repeal of the law," the Repeal of Obamacare Act reads. The bill was introduced by House Majority Leader Eric Cantor (R-Va.).
The bulk of the seven-page bill consists of a findings section that says the Patient Protection and Affordable Care Act has failed to live up to President Obama's promises for the law. For example, it finds that "tens of millions of Americans are at risk of losing their healthcare coverage," even though Obama promised people they could keep their coverage if they liked it.
It says the law has not lowered healthcare costs, and that average families paid $1,200 more in the year after passage.
The bill also reiterates GOP arguments that the law is a drag on the national economy, in large part due to thousands of pages of regulations even before the law really takes hold in 2014.
"The law and the more than 13,000 pages of related regulations issued before July 11, 2012, are causing great uncertainty, slowing economic growth, and limiting hiring opportunities for the approximately 13 million Americans searching for work," it reads. "Imposing higher costs on businesses will lead to lower wages, fewer works, or both."
Read more: http://thehill.com/blogs/floor-action/house/236405-gop-releases-repeal-of-obamacare-act
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