On the recordJune 9, 2015
Mr. President, before I close, I want to take just a few minutes and discuss the President's health care law. The President made some comments yesterday on the upcoming Supreme Court ObamaCare decision. Referring to his health care law, the President said: What's more, the thing's working. Part of what's bizarre about this whole thing is we haven't had a lot of conversations about the horrors of ObamaCare because it hasn't come to pass. That was from the President yesterday. Let me just repeat and put that into context. The President of the United States thinks that ObamaCare is working and that negative predictions about the law have not come to pass. Well, to respond to that, let me just read a few headlines from the past couple of weeks. This from CNN: ``Obamacare sticker shock: Big rate hikes proposed for 2016.'' From the Associated Press: ``Many health insurers go big with initial 2016 rate requests.'' From The Hill: ``Overhead costs exploding under ObamaCare, study finds.'' From the Associated Press again: ``8 Minnesota health plans propose big premium hikes for 2016.'' From the Lexington Herald-Leader: ``Most health insurance rates expected to rise next year in Kentucky.'' I could go on. The truth is that not only is ObamaCare not working, but it is rapidly unraveling. A May 1 headline from the Washington Post reported: ``Almost half of Obamacare exchanges face financial struggles in the future.'' Hawaii's exchange has already failed.…





