The official title of Obamacare is the "Patient Protection and Affordable Care Act," but as any American who pays for health insurance can tell you, this outrageous government takeover of our health care system is anything but affordable. Obamacare isn't affordable for American families. Since the law passed, the cost of health care premiums for the average American family has increased $1,200. Obamacare isn't affordable for employers. According to an estimate by the Congressional Budget Office (CBO), the exorbitant cost of complying with this law could force employers to drop up to 20 million people from their current health care plans, and a study by professional services firm Deloitte found that up to 65 million Americans may lose their employer-based health care. Obamacare isn't affordable for states. The additional burden on states to comply with the Medicaid provisions of Obamacare will cost them $118 billion. And Obamacare certainly isn't affordable for the federal government. The most recent estimate puts the cost of Obamacare at an astounding $1.8 trillion. Of course, it is the American taxpayer who will foot this preposterous bill. And if that $1.8 trillion bill isn't enough, Obamacare includes 21 new tax increases that recent estimates suggest will cost more than $800 billion in total.
The President promised his health care bill would reduce family premiums by $2,500. It has already raised them. The President promised Americans that liked their health care coverage wouldn't lose it. Millions will. The President promised that he would not raise taxes on middle class Americans. At least a dozen new taxes in the law will. The President repeatedly and vociferously denied that the individual mandate was a tax. The Supreme Court said it is.
Again and again, the President's promises have been broken. House Republicans, on the other hand, have promised to repeal and replace Obamacare, and that's a promise we intend to keep. To date, we have held 31 floor votes in the House to repeal, defund, or dismantle the law. Three programs have been completely halted and seven programs have been repealed or defunded. We have tackled the President's government takeover of our health care system on multiple fronts, and House Republicans will not stop until this ill conceived and hastily passed law is no longer a threat to our nation's health.
Last week, we voted again to repeal the entire health care bill. H.R. 6079, the Repeal of Obamacare Act, would stop the hostile government takeover of health care, something that millions of Americans support. But repealing this law goes beyond protecting your personal health care choices. Repealing this law is also about jobs and improving our economy.
Obamacare is a job killer. According a recent survey by the U.S. Chamber of Commerce, 74 percent of small businesses said that Obamacare makes it more difficult to hire employees. In another survey by the polling firm Gallup, 48 percent of business owners specifically cited the health care law as a reason why they are not expanding their businesses. Why is Obamacare a job killer? Well, in addition to the unprecedented tax increases on our nation's businesses, the National Center for Policy Analysis found that the law actually penalizes employers for raising wages or hiring new workers. What is the cost of these perverse anti-hiring and anti-growth incentives? According to CBO, the cost is 800,000 jobs, while private economists have found the number to be 1 to 2 million jobs.
Americans all across the country are calling loud and clear for Obamacare to be repealed so that we can get government out of our private health care decisions and focus instead on promoting the kind of sound fiscal policies that will support growth and pull our nation out of the worst economic catastrophe since the Great Depression.