Saturday, August 11, 2012

Repeal of ObamaCare Key to Ryan Budget Plan

Real Clear Politics/CATO Archive ^ | 04/2011

On Tuesday, House Budget Committee Chairman Paul Ryan, R-Wis., released a budget blueprint that tackles the three big health care challenges facing the federal budget -- ObamaCare, Medicare and Medicaid - with a strategy of repeal, vouchers and block grants. Done properly, those steps would simultaneously improve health care and help balance the budget within a decade.

As it should, Ryan's budget would repeal ObamaCare. With a national debt roughly three-fourths the size of the entire economy, we simply cannot afford that law's two new entitlement programs or its trillion-dollar price tag.

Repeal would also relieve states of the law's staggering burdens. My colleague Jagadeesh Gokhale estimates ObamaCare's Medicaid expansion will cost New York $53 billion in its first 10 years. It will cost Florida, Illinois and Texas around $20 billion each....

(Excerpt) Read more at realclearpolitics.com ...

T-Shirt