U.S. Senator Lindsey Graham (R-South Carolina) today said the second anniversary of Obama health care being signed into law was not a cause for celebration, but a chance to examine the "broken promises' that have become clear from the law. He was joined at a press conference in Greenville by South Carolinians who have concerns about the effects of Obama health care on the operation of their business.
"Two years ago at the Obama health care bill signing the Vice President was overheard telling President Obama, "This is a big "effing' deal,'" said Graham. "Unfortunately for them, two years later, the vast majority of Americans believe this has become a big "effing' mess.
Graham said there are multiple broken promises with Obamacare which have come to the forefront in the two years since it was signed into law. Among the major issues:
President Obama said the law would cost $940 billion. New projections from the Congressional Budget Office (CBO) show the new health care law will be much higher than initially projected. The new cost is $1.76 trillion over the next decade. On the state level, Medicaid expansion will cost the state of South Carolina an additional $1 billion over the next ten years.
President Obama said the new law would make health care more affordable. Americans were told health care premiums would go down by $2,500. Instead health care premiums have risen by $2,200 since he has been in office. As more and more provisions of Obamacare are implemented, health care premiums are expected to continue rising.
President Obama said if you like you're health care you can keep it. Recent figures from the Congressional Budget Office show that up to 20 million Americans will be dropped from their employer-provided health insurance and dumped into the government-run exchanges. Other research has placed this number even higher. The Obama Administration has also selectively issued waivers to exempt politically connected supporters and union backers from elements of the law. Thus far, the Obama Administration has issued at least 1,722 waivers covering 4 million people and 2.2 million union members.
President Obama said it would help the economy but Obamacare has hurt our economy. The Congressional Budget Office says Obamacare will result in 800,000 fewer American jobs. Many business owners express concerns and confusion about what how the law will impact their business and their bottom line.
"I've met with thousands of South Carolina business owners and job creators in the two years since this was passed into law," said Graham. "I'm still waiting for the first business owner to come tell me Obamacare has helped them create jobs. It just hasn't happened.
"Two years later many of the structural flaws of Obamacare are better defined and many of the dubious claims made to support its passage have been proven wrong," said Graham. "It's been a trail of broken promises."