The new health care law is threatening American jobs and worsening our debt crisis, and the new House majority is keeping its Pledge to America to – as Speaker Boehner put it – “take this law apart, step by step.” Today the House of Representatives will vote on legislation repealing some of the slush funds in the job-crushing law and saving taxpayers billions of dollars.
Energy & Commerce Committee Chairman Fred Upton (R-MI) says the slush fund identified in H.R. 1213 is “an unlimited tap on the federal treasury to push for the establishment of state-based exchanges” without Congressional approval.
How much would repealing it save? According to the nonpartisan Congressional Budget Office (CBO), H.R. 1213 would save taxpayers $14 billion over the next 10 years. Repealing the other slush fund identified by H.R. 1214 would save taxpayers another $100 million.
The Washington Post says these two measures “are just the latest in a series” aimed at dismantling the new health care law “plank-by-plank.” Since January, Republicans have voted to fully repeal and defund the $2.6 trillion law. They’ve successful fought to repeal the job-destroying 1099 small business mandate. The $315 billion spending cut agreement included several provisions undermining the law. And the House has already started the process of replacing the health care law with common-sense solutions that would protect jobs and bring down costs for families and small businesses.