Fiscally responsible reforms for students, workers and retirees.
FOR IMMEDIATE RELEASE
CONTACT: Alexa Marrero
Another Day, Another Report of Rising Costs Under ObamaCare
More than a year ago, President Obama declared national health care spending had placed the country “on an unsustainable course that threatens the financial stability of families, businesses and government itself.” The president described health care reform as a “necessity that cannot wait.”
Despite overwhelming public opposition, Democrats forced their government takeover of health care through Congress on the promise it would bring down costs.
Yet today, the non-partisan Congressional Budget Office provided the latest warning that despite the Democrats’ government-run health care plan, rising costs will continue to pressure already struggling American taxpayers. According to the latest CBO report:
The CBO report is the latest in a series of public discoveries that describe how ObamaCare fails to live up to one of its most fundamental promises: lowering health care costs. In fact, just last night, The Associated Press reported the Democrats’ high risk pools will offer coverage at a cost that “will be a stretch for many” and noted an earlier CBO study that estimated the program will need an additional $5 to $10 billion to deliver coverage to all eligible individuals.
Congress must repeal ObamaCare and its unsustainable costs, and replace it with commonsense proposals to expand access to affordable health care for all Americans.