Political Quotes

On the recordJuly 10, 2012
The flawed Obamacare law adversely affects American families, small businesses and millions of seniors. Even before the law is fully implemented, Obamacare already increases costs on hard-working American families and businesses. For example, healthcare premiums have already increased by $1,200 for the average American family. Two weeks ago, the U.S. Supreme Court ruled that the individual mandate of the President's healthcare law is a tax. This tax will have tremendous consequences on individuals, working families, businesses, and local governments. In fact, the most recent Congressional Budget Office estimate indicates that the individual mandate will impose $54 billion in new taxes on Americans over 10 years. We have heard from many businesses across the country that the employer mandate will be devastating for them and their employees. For example, the employer mandate to provide healthcare coverage will penalize American firms by $113 billion over 10 years and could eliminate 1.6 million jobs. At a time when the economy is still struggling to recover, we should be focused on reducing taxes on hardworking Americans and providing incentives for businesses to grow and create jobs. That is why last week I authored H.R. 6048, the Healthcare Tax Relief and Mandate Repeal Act, with 125 of my colleagues, to repeal the Obamacare individual and employer mandates, providing relief for American families and businesses. Mr.…
Said by
Mike Turner
Republican · Ohio
Source
govinfo.gov
Jul 10, 2012

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