House Republican Conference Chairman Jeb Hensarling (R-Texas) issued the following statement today to mark the one-year anniversary of the signing into law of the job-destroying government takeover of Americans' health care commonly known as "Obamacare."
"The most urgent reason to repeal Obamacare is simple: we can't afford it. We can't improve health care in this country by bankrupting our children and grandchildren. Because of Washington's job-destroying spending spree, government can't even pay for the promises it made to current generations, much less those of the future.
"Obamacare will increase spending by nearly $2.6 trillion and help cause our debt to triple during this decade. This is an outrageous burden to place on our children and grandchildren who will be forced to foot the bill. They deserve serious leadership from today's leaders who will fight to ensure that our government stops spending money that it does not have.
"Real health care reform is needed in our country, but despite what Democrats claim, Obamacare is nothing more than a government behemoth that takes away Americans' freedom to make health care decisions and gives it to federal bureaucrats. Anybody who likes the way the federal government is running AIG, Fannie Mae, and Freddie Mac will love the way it will run the nation's health care system. But for most Americans, Obamacare is still a travesty and Republicans will stand with them this year and every year until it is finally and fully repealed."