WASHINGTON— Congressman Rob Bishop (R-UT) voted today in support of legislation [H.R. 2] that would repeal the Democrat’s healthcare law. The bill will now be sent to the Senate for consideration.
“I am proud to be a part of the efforts to repeal this misguided, unconstitutional law. The passage of this legislation is a necessary first step toward restoring freedom for all Americans to choose how to best address their personal healthcare needs,” said Congressman Bishop. “The federal government has absolutely no business dictating what healthcare one can or cannot have.”
The following are among the key reasons why repeal of the Democrat healthcare law is important:
- Despite President Obama’s promise that Americans can keep their current insurance if they so choose, the reality is that 87 million Americans, including those who get their insurance through their employers, could lose their current coverage. *Source: Interim Final Rule by Depts. Labor, Treasury and Health and Human Services on grandfathered health plans, Federal Register, Vol. 75, No. 116, June 17, 2010, page 34553, [here]
- The Congressional Budget Office (CBO) found that health insurance premiums in the individual market will increase by 10 to 13 percent under the Democrat’s healthcare law. *Source: CBO letter to Senator Evan Bayh (D-IN), November 30, 2009. [here]
- The Democrat’s healthcare law raises taxes on American taxpayers by over $500 billion. *Source: Heritage Foundation, “Obamcare: Impact on Taxpayers.” [here]
- Former Speaker of the House Nancy Pelosi promised that the Democrat healthcare law would create 4 million jobs, including 400,000 immediately. Unemployment remains nearly 10% and according to a study by the National Federation of Independent Business (NFIB), an employer mandate such as the one included in the healthcare law could actually eliminate an additional 1.6 million jobs by 2014 (66% of those jobs losses could come from small businesses). *Sources: National Federation of Independent Business [here]
- The healthcare law cuts $575 billion from Medicare to pay for a new entitlement. Democrats falsely claim that the new law extends the solvency of Medicare. This false claim is based on double-counting of the Medicare cuts – using them once to pay for the new entitlement and another time to claim the solvency of Medicare is extended. The Obama Administration’s own Chief Actuary distanced himself from this false claim, stating: “The same lower expenditures and additional revenues extending the exhaustion date of the [Medicare] trust…cannot be simultaneously used to finance other Federal outlays (such as the coverage expansion) and to extend the trust fund….” *Source: Richard Foster, Chief Actuary, Centers for Medicare and Medicaid Service, “Estimated Financial Effects of the ‘Patient Protection and Affordable Care Act,’ as Amended,” April 22, 2010, Page 2. [here] Note: The Democrats’ health reform law cuts $575 billion from the Medicare program but did nothing to address the cuts in reimbursement to physicians in Medicare that threatens seniors’ access to care. The Democrats decided to omit a fix to the Medicare physician payment system to make the score look smaller. Devastates the popular Medicare Advantage program.
- The healthcare law imposes a $200 billion reduction in the popular Medicare Advantage program to pay for the new entitlement, forcing over 7 million seniors out of their current plans. *Source: Richard Foster, Chief Actuary, Centers for Medicare and Medicaid Service, “Estimated Financial Effects of the ‘Patient Protection and Affordable Care Act,’ as Amended,” April 22, 2010, Page 11. [here]
- Despite President Obama’s promise, 7.5 million seniors will lose their retiree drug coverage, even if they like it and depend on it in their retirement. *Source: 2010 Annual Report of the Medicare Trustees, page 187. [here]
- The federal government and the country will spend $310 billion more on healthcare costs under the current law. *Source: Richard Foster, Chief Actuary, Centers for Medicare and Medicaid Service, “Estimated Financial Effects of the ‘Patient Protection and Affordable Care Act,’ as Amended,” April 22, 2010, Pages 10, 15. [here]
- American taxpayers will end up footing the bill for abortions. The healthcare law ended a thirty-year bipartisan effort to prevent American taxpayers’ money from funding abortions. *Source: U.S. Conference of Catholic Bishops, “Legal Analysis of the Patient Protection and Affordable Care Act and Corresponding Executive Order Regarding Abortion Funding and Conscience Protection.” [here]
- The Democrat healthcare law will increase the federal budget deficit by over $550 billion in the first ten years of the law and then by $1.4 trillion prepared by the Energy and Commerce Committee in the following ten years. *Source: Douglas Holtz-Eakin and Cameron Smith, “Labor Markets and Health Care Reform.” [here]