It’s time to replace Obamacare with market-based solutionsPosted on January 19, 2011
As Republicans today offer a vote to repeal Obamacare, a major cornerstone in the Pledge to America, liberals scramble to defend their “no” vote. The latest cry from Democrats is that repealing healthcare will increase the federal deficit.
Only in Washington can you create $2.6 trillion in new government spending and claim to reduce the deficit.
Former Congressional Budget Office (CBO) Director Douglas Holtz-Eakin countered arguments that the CBO score supports this assertion. Mr. Holtz-Eakin wrote in the Wall Street Journal yesterday, “Even if CBO's analysis were flawless, the authors of the ACA guaranteed a misleading bottom line. Their legislative prescriptions were written to create deficit reduction only on paper -- not in reality.”
According to the House Budget Committee, the CBO score double counts approximately $521 billion in “savings” and fails to include major expenses, such as the cost of setting up and administering this new massive bureaucracy and addressing Doc Fix.
I introduced legislation, H.R. 299, this week that would repeal Obamacare and replace it with four commonsense solutions that have been endorsed by members on both sides of the aisle.
H.R. 299 would reduce the costs of the health care through market based solutions, such as allowing individuals to shop for health care across state lines and providing 100 percent tax deductions for healthcare expenses. In addition, H.R. 299 would ensure all Americans could still access health care through high-risk pools and state-based association pools.
Residents in the 10th District of Georgia overwhelmingly oppose Obamacare. I am proud to fulfill my commitment to repeal it and replace it with commonsense solutions.
The opinions expressed below are those of their respective authors and do not necessarily represent those of this office.
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