Login or Register
Welcome , Settings |  Logout

Hatch: Obamacare Must be Repealed to Boost Economy

Monday, 22 Aug 2011 07:54 AM

By Greg McDonald

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Utah Sen. Orrin Hatch, citing an independent survey on rising costs to businesses, said Friday Obamacare repeal must be “on the table in any discussions to jump start the nation’s lagging economy.”
 
The top Senate Finance Committee Republican said it was “critical” to the nation’s economy that President Barack Obama shift his focus from preparing a new job stimulus plan to ending the overhaul of the nation’s health care system. 
 
“The partisan health law is an assault on Americans individual liberty … It’s an also an assault on our economy and on our job creators, as this survey of employers demonstrates,” Hatch said, referring to the survey released Friday by the National Business Group on Health, which membership includes many of the top Fortune 500 companies.
 
The survey found that healthcare benefit costs are expected to rise about 7.2 percent next year under the health law and that two-thirds of the cost increases in premiums would be passed on to employees. The survey of 83 of the nation’s largest corporations was conducted in June.
 
“The President announced that he’s preparing a so-called jobs plan that will include more stimulus spending,” Hatch said. “I’d suggest he stop the spending and turn to his job-killing, budget-busting health law instead. This $2.6 trillion law must be on the table in any discussion about reviving our weak economy.”

© 2013 Newsmax. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Top Stories
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved