U.S. Senate Republican Leader Mitch McConnell released the following statement today regarding the three-year anniversary of Obamacare:
"Three years after Senate Democrats passed Obamacare on a party-line vote, the terrible consequences that Republicans warned about are coming true. Obamacare costs too much and it's not working the way they promised. It's already costing jobs, health insurance premiums are skyrocketing, government spending on health care is expected to increase dramatically, and millions of Americans are expected to lose the employer-sponsored health insurance they currently enjoy. Implementation has also become a bureaucratic nightmare, with some 159 new government agencies, boards, and programs busily enforcing the roughly 20,000 pages of rules and regulations already associated with this law. The longer Obamacare sits on the books the stronger the argument against it becomes, and the more determined Republicans are to repeal this colossal legislative mistake and start over with commonsense reforms that lower costs."
Background: Last night, the Senate voted overwhelmingly to repeal the medical device taxes in Obamacare. Previously, Congress passed and the President signed legislation repealing the 1099 small business requirement and the CLASS Act.