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Obamacare Increases Healthcare Spending

Floor Speech

Date: Jan. 7, 2014
Location: Washington, DC
Issues: Entitlements and the Safety Net Health Insurance

Mr. Speaker, yesterday, the White House claimed ObamaCare is partially responsible for helping to slow the growth rate in health care spending. Health care spending did grow at a record slow pace in 2012. Unfortunately, according to NPR:

The Federal officials who compiled the report disagree with the Obama administration about why.

That's right. The annual report from the actuaries for the Centers for Medicare and Medicaid Services disagrees with the White House.

NPR disagrees as well:

One thing that did not lead to slower growth, according to the report's authors, was the Affordable Care Act.

"It's the recession, not ObamaCare, that is slowing health spending,'' writes the National Journal.

Mr. Speaker, hospital costs are increasing. Out-of-pocket costs continue to increase, and any reduction in the rate of growth isn't due to the Affordable Care Act.

A closer look at the numbers shows us that this law has made matters worse. A closer look at the numbers tells us more about what the White House would rather not discuss. A closer look tells us that the American people deserve better.


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