The JEC Presents: A Guide to ObamaCare Insanity

Today, Joint Economic Committee (JEC) Republicans released a comprehensive chart illustrating the more than 100 new boards, commissions, and bureaucracies that come courtesy of ObamaCare.  The ObamaCare chart, released by Rep. Kevin Brady (R-TX), the committee's ranking House Republican Member, and Senator Sam Brownback (R-KS), the committee’s Ranking Member, can be seen here:

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President Obama promised that under ObamaCare, “If you have health insurance, the reform we’re proposing will provide you with more security and more stability.  It will keep government out of health care decisions, giving you the option to keep your insurance if you’re happy with it.”  Four months after signing his government takeover of health care into law, it’s abundantly clear to most Americans that ObamaCare will increase health care costs, cut Medicare, add to an already bloated bureaucracy, and impose job-killing taxes on an economy with a 9.5 percent unemployment rate.   Any wonder that in a recent National Journal/Pew survey, only 35 percent of Americans said they support the ObamaCare law.  

By signing the massive health care bill, President Obama effectively signed pink slips for millions of American workers who will lose their jobs or be denied new jobs.  Economist Diana Furchtgott-Roth, director of the Hudson Institute’s Center for Employment Policy, puts it this way earlier this year:
The sheer size and cost of the health care bill will inevitably lead to a larger share of the economy under government control and higher government spending.  Taxes will rise, diminishing incentives to work, invest, and create jobs.  Government controls on insurance premiums and health care expenditures will stifle innovation in pharmaceuticals, medical devices, and the delivery of health care services.  In contrast, the Republican plans don’t cost $1 trillion, adding to national debt; they don't raise taxes, slowing the economy; they don't impose mandates on employers, discouraging low-skill employment and reducing wages; and they would give people a broader choice of plans, thereby increasing the efficiency in the delivery of health care services.
More than 130 other economists joined Ms. Furchtgott-Roth recently in signing a statement warning that ObamaCare will destroy American jobs.  

Republicans are fighting to repeal and replace this job-killing health care law with common-sense reforms focused on lowering costs and protecting American jobs.  Last month, Ways & Means Ranking Member Dave Camp (R-MI) posted an idea on  America Speaking Out that prompted a vote – forced by Republicans – to repeal the unconstitutional mandate at the heart of ObamaCare.