On the recordNovember 16, 2011
Mr. President, I want to thank my good friend from Wyoming, Senator Barrasso, for his work on this and other issues related to the President's health law. He is a leading orthopedist, and I have nothing but respect for him. As a former medical liability defense lawyer defending doctors, nurses, hospitals, and other health care providers, I appreciate good doctors, and this is one good doctor. He and Dr. Coburn are two of the best people I have known and are a credit to their profession. I thank him for his work on this and other issues related to the President's health care law. He has been tireless in his careful analysis and fair criticism of the health spending law, and I believe we are in agreement on that bill's fundamental flaw. The President and his allies repeatedly promised that the health law would decrease costs. That is not going to happen. The so-called Affordable Care Act is going to, in fact, drive up the cost of coverage. Among the biggest reasons for this inflationary impact are the taxes that will be imposed on the American people to pay for the lost $2.6 trillion in new spending. At the top of the list of senseless cost- increasing taxes is the law's tax on health insurance. It is not clear to me how the cost of health insurance will decrease by taxing it. Many people probably don't even know this tax exists. Like most of the taxes in ObamaCare, its implementation was conveniently delayed until after the 2012 Presidential election. But this tax is coming.…





