Rep. Bill Cassidy, a member of the GOP Doctors Caucus, called Thursday’s Supreme Court decision, “a bad day for fiscal responsibility.”
By upholding the “individual mandate” of the Affordable Care Act – and ruling that it is a tax – the court confirmed that "the American people were deliberately deceived” by the president, who repeatedly has said it is not a tax, Cassidy told Newsmax.TV.
“State taxes will be raised. Federal taxes will be raised. This will be the largest federal tax increase in the history of the United States,” said Cassidy, R-LA.
Cassidy predicted that 60 percent of businesses will dump their own health insurance programs and move to the public exchanges created by the new law, “massively inflating” the cost to the federal government.
The focus now moves to November, Cassidy said.
“If President Obama is re-elected, “there’s no hope for repeal and replacement” of the law. “If he is ‘diselected,’ there’s still hope.”
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