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Public Statements

Obamacare: Unaffordable Lack of Care Act

Floor Speech

Location: Washington, DC

Mr. GIBBS. Mr. Speaker, it is becoming clearer by the day that ObamaCare is detrimental to all Americans. The Unaffordable Lack of Care Act will cost almost $2 trillion, raise taxes by $1.1 trillion, and cut Medicare by $716 billion.

Despite the President's statement that premiums would decrease by $2,500 under ObamaCare, the average family premium has grown over $3,000 and climbing. Over 30 studies have concluded that the law will make health care premiums more unaffordable for Americans. Furthermore, young adults could see their premiums increase on an average between 145 and 189 percent next year.

Even Democrats are beginning to jump off the ObamaCare bandwagon. The architect of the bill recently referred to the law as a ``train wreck,'' and HHS Secretary Kathleen Sebelius stated she did not anticipate how complicated it would be to implement the bill.

In light of the recent news that the IRS was deliberately targeting Americans, can we really trust them to be in charge of our health care?

The bottom line is the President's health care law is a bad one. Our job creators are citing the unknowns surrounding it as reasons for planned layoffs and why they cannot expand their businesses.

If the Senate really wants to pass a jobs bill, then they should listen to the American people and support repeal and replace.

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