Thursday, January 13, 2011

Repealing the Affordable Care Act will Hurt the Economy

The House Republican Health Care Plan to repeal the Affordable Care Act and take away all the new freedom and control it gives the American people over their health care and give it back to insurance companies will not only raise costs for individuals and businesses, but it will hurt our economy.  

Since the President signed the Affordable Care Act into law last March, the economy has created over 1 million private sector jobs, including the 113,000 private sector jobs created in December announced today.   So, at a time when our economy is getting stronger, repealing the law would hamper that important economic progress by increasing costs on individuals and businesses, weakening the benefits and protections that Americans with private insurance are already enjoying, and adding more than a trillion dollars to our deficits.  

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Source: http://www.whitehouse.gov/blog/2011/01/07/repealing-affordable-care-act-will-hurt-economy

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