John Cornyn: “a few weeks ago the chairman of the Senate Finance Committee, Senator Baucus of Montana, warned that the President's…”

“a few weeks ago the chairman of the Senate Finance Committee, Senator Baucus of Montana, warned that the President's premier domestic legislative accomplishment--ObamaCare--was turning into a huge train wreck. Now, that is pretty remarkable for a number of reasons, one of which is that Senator Baucus was one of the principal authors of ObamaCare. So his comments cannot be dismissed as simply partisan rhetoric or politics as usual. A few days after he made those comments, another important contributor to ObamaCare, Dr. Zeke Emanuel, brother of Rahm Emanuel, the President's former Chief of Staff, acknowledged that the massive uncertainty generated by the health care law is already causing insurance premiums to go up. Here is the scary part: ObamaCare hasn't actually been fully implemented and won't be until next year, 2014. So when it does take effect in 2014, we can expect insurance premiums to continue to rise, particularly for young people who are being asked once again to subsidize their elders, this time in the context of health care premiums. So much for the President's promise that the average family of four would see a reduction in their insurance premiums under his premier health care law by $2,500. That is right. If people remember, the President said: If you like what you have, you can keep it, which is proving not to be true as employers are going to be shedding the employer-provided coverage and dropping their employees into the exchange.…”