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Moran: Effects of Obamacare ‘devastating’

U.S. Sen. Jerry Moran, R-Kan. released the following statement on the Obama administration’s latest delay of the Affordable Care Act employer mandate:

Sen. Jerry Moran

Sen. Jerry Moran

“The president continues to ignore the reality of how damaging Obamacare is for American individuals and families. The Administration can’t delay away the devastating effects of his law. Following the report last week from the nonpartisan Congressional Budget Office confirming that his signature legislative accomplishment is causing even more damage to our economy than previously forecasted, the President is again acting without Congress to unilaterally change the law in order to give Democrats political cover in an election season.

“Obamacare’s problems run much deeper than a poorly-functioning website and badly-executed implementation. The true issue is the flawed underlying basis for the provisions of the law: the idea that the government must determine what coverage is acceptable for Americans, regardless of what Americans want for themselves. I believe the entire law should be repealed to protect individuals, families and businesses from the disasters created by Obamacare. We must replace it with practical reforms that are workable and will actually reduce health care costs.”

The further delay of the employer mandate is just the latest in a series of delays, miscalculations and policy shifts by the president on his signature domestic legislation. Implementation of the ACA has not lowered costs or increased access as promised. Individuals, families and employers face increasing health insurance costs, new taxes overseen by a politically-biased IRS, burdensome mandates, and massive uncertainty because of this flawed law.

In a report released last week, the CBO found that the health care law would lead some workers – particularly those with lower incomes – to limit their hours to avoid losing federal subsidies that Obamacare provides to help pay for health insurance and other health care costs. The CBO estimates the decrease in hours worked “translates to a reduction in full-time-equivalent employment of about 2.0 million in 2017, rising to about 2.5 million in 2024, compared with what would have occurred in the absence of the ACA.” The CBO earlier predicted 800,000 fewer fulltime jobs by 2021. CBO’s analysis also echoes the concerns of numerous job creating businesses in Kansas and across the country who say the costs of this mandate will decrease their business’ demand for workers – resulting in wage cuts and hour reductions for their employees.

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  • Jerryurnotreal

    Or these companies and business that are generating record profits along with consistently larger executive pay could maybe reign in the greed train and actually give their workers a livable wage and benefits? All over Europe they’ve written laws to reign in this nauseating CEO pay; maybe U.S. Should do the same? Maybe use some of those millions in bonuses (on top of millions of annual pay) to actually lift their workers up a bit? Instead they’ll just cut their hours, and this is the democrats fault how? If I remember right there were several business/corps. Who lead this and the world economy to crisis anyway, non of which have or ever will see jail time.

    • Chief59

      That’s just communist talk here in ‘merica.

      Seriously though, Moran is misconstruing the information the same way Fox “News” and other cable outlets did. This will not result in a reduction in jobs. The jobs “lost” are actually people quitting jobs that they kept ONLY because of the insurance that job provided, mostly people with pre-existing conditions. This actually CREATES more job openings, because a large percentage of those people were at retirement age and only stayed working for the insurance, or they are people working a second job only for the insurance. The result is that now people are free to take these job openings that people previously wouldn’t let go, due to the provided insurance. Republican misinterpretation and spin, yet again.

      This is from the CBO directly, who felt they needed to clarify the misinformation out there.

      http://www.cbo.gov/publication/45096