Last week, just ahead of Supreme Court arguments today, the White House released a new healthcare propaganda video reminding people just how "important" the legislation was to the future of the country. In the clip below, Obama claims in order to create jobs and get the economy moving again, healthcare must be reformed in America. The problem is, his healthcare plan, which is highly unpopular and has been since it was forced on the American people, kills jobs and limits economic growth. Ironically FDR, the president responsible for our out of control entitlement programs that will bankrupt our country, is featured in the video. Just like the entitlements FDR pushed through, ObamaCare's price tag has already nearly doubled.
Small businesses, the life blood of the U.S. economy, aren't hiring because of ObamaCare.
From Paul Ryan:
“This new report clearly documents the devastating effects of the Democrats’ new health care law on the American worker, as well as the debilitating strain it will put on our nation’s finances. Simply put, this bill kills jobs. Its burdensome penalties will make it harder for businesses to expand and add workers, and we have already seen how its costly mandates are driving up insurance premiums across the country. Nor would the bill improve our fiscal picture, contrary to some claims. Misleading arguments about its true deficit impact exclude the $115 billion needed to implement the law and over $500 billion in double-counting Social Security payroll taxes, CLASS Act premiums, and Medicare reductions. The law was written to measure 10 years of tax increases to offset 6 years of new spending. There is no question that the creation of a trillion-dollar open-ended entitlement is a fiscal train wreck.
“Unless repealed, this law will exacerbate the spiraling cost of health care, explode our deficit and debt, and forever alter the relationship between the government and the American people. I look forward to voting for the repeal of this law and continuing to advance fiscally responsible, patient-centered reforms.”
U.S. small-business owners who aren't hiring Nearly half of small-business owners point to potential healthcare costs (48%) and government regulations (46%) as reasons.
|Katie Pavlich is the News Editor at Townhall.com. Follow her on Twitter @katiepavlich. She is a New York Times Best Selling author. Her new book Assault and Flattery: The Truth About the Left and Their War on Women, will be published on July 8, 2014.|
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The Wisdom of Bastiat, as Revealed by Great Moments in Federal, State, and Local Government | Daniel J. Mitchell