Cancelled Health Plans, Cancelled Health Coverage, Higher Health Costs, Higher Federal Deficits: A 3-Month Checkup on ObamaCare
Washington, DC,
June 24, 2010
Three months after passage of the Democrats' wildly unpopular government healthcare takeover, nearly everything the Obama Administration said about the bill has turned out to be false, while the dire warnings of opponents were apparent understatements. "Major U.S. employers like Caterpillar, John Deere, Verizon, and AT&T are considering dropping employee health plans; the Obama Administration has confirmed that two-out-of-three families will lose their current plan, smaller health insurers are shutting down, there’s not enough money to fund the high-risk pool, and we’re adding another $115 billion to the federal deficit that was concealed until after the bill became law," says House Republican Conference Secretary John Carter. "Today is the three-month checkup on Obamacare, and the diagnosis is that the patient is dead as a doornail. The first duty of the new Congress in January must be repeal of this healthcare disaster." |