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Public Statements

Obamacare

Floor Speech

By:
Date:
Location: Washington, DC

Mr. FLEMING. Mr. Speaker, ObamaCare, on its first day, is emblematic of what we can expect from ObamaCare in the future, already proving to be a logistical as well as an economic disaster.

Businesses are cutting back on full-time employees. Some people are losing their jobs. Many are losing their hours as well. For businesses with less than 50 employees, ObamaCare has become a massive disincentive for growth.

The cost of health insurance premiums are skyrocketing. One report says people in Louisiana who don't get Federal subsidies will see dramatically higher rates for average coverage. In fact, they will now be paying more for health insurance than the cost in most other States.

The implementation of ObamaCare is proving to be the train wreck that even Democrats have come to expect. And that is leaving our economy on edge, with job creators wondering how they will make it through more taxes, more mandates and regulations.

ObamaCare is a devastating threat to our economy, and it needs to be stopped now.


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