Repeal of Obamacare Act

Floor Speech

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Mr. PETRI. Today, I rise to support the repeal of President Obama's health care law. I support health care reform that ensures that all Americans have access to affordable health care. However, I believe the health care law is fundamentally flawed in its approach and will only make worse our skyrocketing high health care costs and Federal deficit. A study last month found the cost of health care services is expected to rise 7.5 percent in 2013.

I'm also very concerned about the law's negative effects on job creation. I have met with hundreds of employers in my district and hear constantly how the mandates and uncertainties created by the law are discouraging hiring. The report issued by the investment research firm UBS last September said that the health care law was ``arguably the biggest impediment to hiring.''

We need the right reforms to eliminate waste throughout the system and reward high quality, low-cost care. We should be choosing approaches which give consumers incentives to use their health care dollars wisely. Instead, we're going in the opposite direction by turning decisions over to the government.

I support this bill and would urge all my colleagues to work together to implement real reform to ensure every American has access to affordable health care.

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