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Affordable Care Act--Fiscal Calamity in Waiting

Floor Speech

Location: Washington, DC

Mr. BURGESS. Mr. Speaker, almost a month after the Supreme Court has issued its decision on the so-called Affordable Care Act, we have all had time to think and dissect their opinion and start to predict how this landmark ruling will affect each and every one of us.

I respect the role of the Court and the decision of the Justices, but I can't help but tell you I was disappointed the entire law was upheld. I do believe the Affordable Care Act is detrimental to our Nation. Certainly it has been a wet blanket on our economy, and it is a real threat to the future of medicine in America. Since the passing of the law over 2 years ago, we have seen the strain it has placed on our economy. The pricetag continues to increase, sometimes staggeringly so. There are provisions which discourage small businesses from hiring, not to mention the commensurate government regulations.

Today, the Congressional Health Care Caucus held a panel discussion on what was one of its many panel discussions on the current state of health care. Karen Ignagni, president and chief executive officer of America's Health Insurance Plans, has said that the health care law won't work unless it is changed or delayed. I couldn't agree more. Dan Danner from the National Federation of Independent Businesses was also present, and he said there has got to be a way to get price signals to people so they can participate in the cost of their care.

The structure of this law, through the combination of new fees coupled with weak penalties for those who choose to not purchase will force the young and healthy to shoulder the majority of the financial burden of expansion. Mr. Speaker, we must do away with this thing.

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