House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., is questioning the Obama Administration’s postponement for one year the requirement that businesses cover their workers under Obamacare. Issa said the move was made to “mask the horrible impact his law will have on the economy and health care in the United States.”
“The House has repeatedly voted to repeal Obamacare because it will not work and is bad public policy. The President has delayed a critical component of the Affordable Care Act because it is absolutely unaffordable for American job creators and workers. It is unclear that he has the authority to do this without Congress,” said Issa in a statement released this week.
The House Oversight and Government Reform Committee has held several hearings and last Congress issued a report outlining the harmful effects Obamacare will have on job creation and employment.
The nonpartisan Congressional Budget Office (CBO) upped the cost of Obamacare to $1.8 trillion over the next decade.CBO now predicts that about 11 million Americans will lose their employer-provided health insurance because of Obamacare, and a McKinsey and Company survey of employers suggests that up to four times as many employees may lose coverage.
Obamacare includes $510 billion in new taxes in just the next decade. The CBO found that Obamacare discourages businesses from growing and hiring more workers.
Arizona’s Governor Brewer just defied the wishes of the vast majority of Arizona business owners and the Republican-led Legislature, and pushed through Obamacare Medicaid expansion in a late night maneuver with the support of a handful of republican legislators and all democrat legislators.
A campaign for a People’s Veto of the Governor’s plan is gaining momentum. As a result, implementation of the expansion will be delayed and its fate will likely be decided in the 2014 General Election.