Thursday, May 16, 2013

Smith Votes to Repeal President’s Health Care Law

Today, Congressman Adrian Smith (R-NE) made the following statement after voting in favor of H.R. 45, to repeal the Patient Protection and Affordable Care Act of 2010:
“Since the President’s health care law was passed in 2010, premiums have increased, health care costs continue to rise, small businesses have been burdened, the estimated price of the law continues to increase, and implementation of the law is expected to be highly problematic.  Today’s vote in the House reconfirms our commitment to preventing the harmful effects of this law and instead implementing patient-centered, market-based reforms to bring down costs, expand access to care, and encourage economic growth.”
Earlier this week, Congressman Smith along with 22 of his colleagues on the House Committee on Ways and Means sent a letter to Health and Human Services Secretary Kathleen Sebelius seeking clarification regarding reports the Secretary solicited outside donations to promote and support the President’s health care law.  In the letter, Smith and the other Members noted a potential conflict of interest in implementing the law and soliciting funds from those compelled to comply with the law.
To read the full letter click here.
Background:
The non-partisan Congressional Budget Office predicts 7 million people will lose their employer-sponsored health insurance, and estimates the law could increase spending by $1.8 trillion over ten years.
Health care premiums on the individual market continue to rise since passage of the law, and have now increased an average of $3,000 since 2008.
A report by the Federal Reserve acknowledged the health care law slows hiring, and a study by the National Federation of Independent Business found the employer mandate alone could eliminate 1.6 million jobs by 2014.

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