Fiscally responsible reforms for students, workers and retirees.
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CONTACT: Alexa Marrero
Nonpartisan Budget Expert: Rising Health Care Costs Continue to Pressure Federal Budget
According to Speaker Pelosi’s office, ObamaCare will ensure all Americans “have access to quality, affordable health care and significantly reduce long-term health care costs.” One has to ask how the Speaker’s office came to that conclusion, because according to a recent presentation by the director of the nonpartisan Congressional Budget Office, ObamaCare does very little to reduce the pressure rising health care costs are placing on the federal budget.
Director Elmendorf’s assessment follows a report issued in April by the Obama administration, which estimated national health care spending will increase by $311 billion over the next ten years thanks to ObamaCare. But the American people knew all along a government takeover of health care would lead to higher health care costs and deeper federal deficits.
House Republicans stand for real reform that lowers health care costs for families and small businesses and reduces deficit spending for American taxpayers. Yesterday, House Republican leaders introduced the “Reform Americans Can Afford Act,” legislation that will repeal ObamaCare and replace it with commonsense reforms to expand access to affordable health care for all Americans.