Legislation identical to House-passed repeal
Today, U.S. Senator Jim DeMint (R-South Carolina) introduced legislation to fully repeal the Democrats' government health care takeover that President Obama signed into law March 23, 2010.
Thirty-four Republicans have already cosponsored this bill.
"Republicans are standing with the American people who are demanding we repeal this government takeover of health care," said Senator DeMint. "Repealing ObamaCare is vital to the future of our nation and the health of our people. ObamaCare will raise health costs, reduce choices, ration care, hike taxes, cut jobs, increase the national debt, and put bureaucrats between patients and their doctors. It's time to start over and implement commonsense solutions that allow Americans to choose affordable plans across state lines, end frivolous lawsuits that drive up costs, and gives equitable tax treatment to those who don't get insurance from their employer."
Cosponsors of the repeal bill include Senators Kelly Ayotte (R-New Hampshire), John Barrasso (R-Wyoming), Roy Blunt (R-Missouri), John Boozman (R-Arkansas), Richard Burr (R-North Carolina), Saxby Chambliss (R-Georgia), Dan Coats (R-Indiana), Tom Coburn (R-Oklahoma), Bob Corker (R-Tennessee), John Cornyn (R-Texas), Mike Crapo (R-Idaho), John Ensign (R-Nevada), Lindsey Graham (R-South Carolina), Orrin Hatch (R-Utah), Kay Bailey Hutchison (R-Texas), James Inhofe (R-Oklahoma), Johnny Isakson (R-Georgia), Mike Johanns (R-Nebraska), Ron Johnson (R-Wisconsin), Jon Kyl (R-Arizona), Mike Lee (R-Utah), John McCain (R-Arizona), Mitch McConnell (R-Kentucky), Jerry Moran (R-Kansas), Rand Paul (R-Kentucky), Rob Portman (R-Ohio), James Risch (R-Idaho), Pat Roberts (R-Kansas), Marco Rubio (R-Florida), Richard Shelby (R-Alabama), John Thune (R-South Dakota), Pat Toomey (R-Pennsylvania), David Vitter (R-Louisiana), and Roger Wicker (R-Mississippi).
"Economists have described ObamaCare as "fiscally dangerous,' warning it will create barriers to job growth and increase costs at a time of great economic uncertainty," said Senator DeMint. "American families and businesses are struggling and it's our duty to respond quickly to their calls to repeal this bill and push for solutions that will make health care more affordable."
* Leading Economists project that ObamaCare will add roughly $500 billion in new health care taxes, passing those costs to patients and will raise the federal budget deficit by more than $500 billion over the next 10 years and by nearly $1.5 trillion in the following decade.
* According to the Congressional Budget Office, ObamaCare will increase health care costs to families by $2,100 per year.
* The Heritage Foundation estimates that the economy will lose 670,000 jobs under the new law, many of them in the health care industry.
* An American Action Forum study finds that employers will be forced to drop employer-sponsored health care coverage for as many as 35 million Americans.
* An analysis from HSA Consulting Services concludes the new law restricts the use of Health Savings Accounts (HSAs) and reduces the amount of money that can be contributed to Flexible Savings Accounts (FSAs).
* As of Dec. 3, 2010, 222 waivers from ObamaCare's annual limit requirements had been granted to businesses, labor unions, and insurers, affecting 1.5 million enrollees.
* On Dec. 13, 2010, a U.S. district court ruled that it is unconstitutional for the government to impose an individual mandate to buy health insurance.