Joe Pitts: “ObamaCare spends over $1 trillion but leaves 23 million people uninsured. Mr. Speaker, my colleagues on the other side…”

“ObamaCare spends over $1 trillion but leaves 23 million people uninsured. Mr. Speaker, my colleagues on the other side of the aisle have been arguing that we can't afford to repeal ObamaCare. I would argue just the opposite. Our country cannot bear the true cost of ObamaCare, and it must be repealed. Our repeal would mean that Americans with employer-provided health coverage will keep their current plan, yet the administration estimates that seven out of 10 individuals will lose their current coverage under ObamaCare. Our repeal means that half of all employers--as many as 80 percent of small businesses--will be able to keep their current plan rather than lose it over the next 2 years. The administration's estimates reveal that their own onerous regulations will force most businesses to give up their current plans, subjecting them to costly new mandates that will increase premiums. Our repeal means that 7.4 million more seniors will participate in Medicare Advantage plans, according to the Medicare actuary. Our repeal also means that the Medicare Advantage beneficiaries will not face an average increase of $873 per year in out-of-pocket costs between now and 2019. Our repeal means that individual health insurance premiums will not increase by $2,100. Our repeal means that taxpayers will not face $569 billion in tax increases scheduled to take effect over the coming years.”