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Posted by The Charlotte Post on Monday, March 7, 2016

News

Report: Health care repeal costs billions
Without law, deficit would rise by $230B
 
Published Thursday, January 20, 2011 6:50 am
by Stephanie Carroll Carson, North Carolina News Serv

RALEIGH – Peering through the mud to find facts during a turbulent political season can be difficult at best – especially when it comes to health care reform. Republicans, who now control the U.S. House, have pledged to repeal the new law, calling it a “budget-buster.”

However, Joanne Grossi, a regional director for the U.S. Department of Health and Human Services, disputes the claim that health care reform is too costly.

“It was actually estimated that without health care reform, by the year 2040, a full one-third of our gross domestic product would be going to health care costs.”

Earlier this month, several lawmakers who favor repealing the Patient Protection and Affordable Care Act, including new House Majority Leader Eric Cantor, released a report entitled “ObamaCare: Budget-Busting, Job-Killing Health Care Law.”

Grossi points to the politically neutral Congressional Budget Office report that estimates the new health care reform law will save at least $230 billion over the next 10 years.

“Anyone who believes that repealing this will save the government money, they’re wrong. We really have true, nonpartisan estimates that health care reform is actually going to save us money.”

In News: Obama faces GOP fiscal challenge

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