The President's So-called Affordable Care is Unaffordable, Harming the Economy - It must be Repealed and Replaced
Americans are overwhelmingly opposed to the president’s health care law, the Affordable Care Act (ACA), which is driving up insurance costs, limiting access to care, and making it harder for individuals to keep the care they have and for small businesses to hire and expand. For this reason, since the ACA was enacted into law, we’ve been successful in rescinded funding for or completely repealing eight separate provisions of the law. This week, the U.S. House will again shine the spotlight on the failures of the president’s health care law by voting on H.R. 45, a bill to fully repeal the Affordable Care Act.
Here’s a look at how seven bills signed by President Obama helped dismantle provisions of his health care law to protect our economy and save taxpayers tens of billions of dollars:
- H.R. 4: Repealed the small business paperwork (“1099”) mandate: The paperwork mandate was called “one of Washington’s dumbest ideas” – it would have destroyed jobs and “hit start-ups hardest, not to mention farms, charities and churches.” H.R. 4 also reduced exchange subsidy overpayments by $25 billion.
- H.R. 1473: Cut $2.2 billion from a “stealth public plan” and froze the IRS budget: H.R. 1473 undermined ObamaCare by cutting $2.2 billion from the “Consumer Operated and Oriented Plan” (CO-OP) program – a “stealth public plan.” It saved $400 million by eliminating “Free Choice Vouchers,” which The Hill warned “could lead young, healthy workers to opt out” of their employer plans, “driving up costs for everybody else.”
- H.R. 674: Saved taxpayers $13 billion by adjusting eligibility for ObamaCare programs: This bill not only repealed a devastating IRS withholding tax – it saved taxpayers $13 billion by changing how the eligibility for certain programs is calculated under ObamaCare. Without the change, a couple earning as much as much as $64,000 could still qualify for Medicaid.
- H.R. 2055: Made more cuts to CO-OPs, IPAB, IRS: This bill shaved another $400 million off the CO-OPs; cut another $305 million from the IRS to hamper its ability to enforce the law’s tax hikes and mandates; and rescinded $10 million from the Independent Payment Advisory Board (IPAB) of bureaucrats, to which Republican leaders are declining to recommend appointments.
- H.R. 3630: Slashed billions from ObamaCare slush funds: Republicans fought for another $11.6 billion in savings, saving taxpayers $5 billion from the Prevention & Public Health slush fund, $2.5 billion from ObamaCare’s “Louisiana Purchase,” and more.
- H.R. 4348: Saved another $670 million from the “Louisiana Purchase”: This saved another $670 million by further adjusting a drafting error that made the “Louisiana Purchase” even costlier.
- H.R. 8: Repealed the unsustainable CLASS program: H.R. 8 saved $6.5 billion by repealing the Community Living Assistance Services and Supports (CLASS) program, an unsustainable entitlement program whose phony “savings” were used by Democrats to mask the true cost of ObamaCare. The former Democratic chairman of the Senate Budget Committee called CLASS “a Ponzi scheme of the first order, the kind of thing Bernie Madoff would be proud of.” The bill also rescinded all unobligated CO-OP funds – another $2.3 billion savings for taxpayers.