On the recordSeptember 26, 2013
Mr. President, I would like to elaborate on the comments from my colleague from Texas who I think laid out in very clear terms what is at stake and the debate we are having and really what the vote that we are going to have here in the not-too-distant future means. I think it is pretty clear--if we look at any objective measurement or metric--ObamaCare is a huge disaster, and obviously we have seen tremendous anecdotal evidence of that. Anybody who travels in their State or around the country or talks to anybody who is in business, the message comes back very clear that ObamaCare is making it more difficult and more expensive for them to create jobs. It is creating uncertainty; there are mandates and requirements associated with the new law because employers are being forced to provide a government-approved plan, and so costs go up. As a result, that means there are people who are not getting hired who otherwise might have gotten hired. Companies are looking at reducing their workforce and obviously creating a tremendous amount of disruption in our economy. I think it is pretty evident that the middle class in particular is being crushed by the President's policies, and ObamaCare is certainly no exception. Yesterday, in Forbes magazine, Avik Roy reported on a recent study done by the Manhattan Institute that ObamaCare will increase insurance rates for younger men by an average of 97 to 99 percent and for younger women by an average of 55 to 62 percent.…





