Mr. ROE of Tennessee. President Obama took the stage last Friday in California and admitted that some Americans will see higher costs on their health care premiums, but blamed employers for shifting costs rather than taking responsibility for the damage caused by his damaged health care reform.
The President also said the law was ``working the way it was supposed to,'' but many employers, myself included, cannot tell their employees exactly what their health insurance premiums will look like next year.
Worse, President Obama neglected to include all the facts in his stump speech, touting a recent report that claimed health care would be less expensive for Californians under the law. The truth is: in California, the cheapest plan under ObamaCare for a 25-year-old man is roughly 64 percent to 117 percent more expensive than the five cheapest policies sold today, according to The Wall Street Journal.
The uncertainty around the implementation and cost of the Affordable Care Act is causing economic chaos during a time employers need stability, and it appears this train wreck is only going to get worse.
Madam Speaker, ObamaCare was a bad idea 3 1/2 years ago, and today we're seeing exactly how this law is bad medicine for this country.