On the recordJuly 30, 2013
I rise in support of parents, families, students, employees, taxpayers, and other hard-working Americans, who, as of January 1, 2014, will find themselves unfairly impacted by ObamaCare. ObamaCare is an ill-conceived, poorly crafted, and economically damaging piece of legislation. We have known for some time now that ObamaCare would create a set of circumstances that would make health care unaffordable. It is unaffordable from several standpoints: No. 1, for the country and for the U.S. Government. The Congressional Budget Office, a nonpartisan entity, recently reported that this law is likely to cost the U.S. Government about $1.8 trillion over the next 10 years. That is significantly more--some would say roughly double--than the initial estimates given to Congress when this law was passed. This is an enormous amount of money. It is an especially enormous amount of money for a government that is now $17 trillion in debt and is adding to that debt at a rate of about $1 trillion every single year. It is not as though we have an overabundance of money within the Federal Government. It is not as though we can afford to take on newer, more expensive programs, such as this one, especially when they run pricetags that are substantially above and beyond what was presented to us. It is also proving to be unaffordable for American families.…





