Health care legislation was signed into law only days ago, but the president and congressional leaders are already launching an all-out public relations campaign to convince Americans that we should like what they did. It’s going to be a hard sell. This $950 billion, 2,800-page bill fails to fix what’s broken and risks breaking what works.
Requiring insurance companies and employers that provide health coverage for their employees to add a host of new benefits may sound good. But it will also drive up premiums.
Requiring small businesses to provide insurance that they cannot afford—or else pay steep fines—will eliminate jobs.
Requiring states—which are already running huge deficits—to add millions of new enrollees to Medicaid will lead to tax increases and program cuts.
By Tom Donohue, President and CEO U.S. Chamber
