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Republican Efforts to Repeal ObamaCare Have Saved More Than $52 Billion
Republicans Making Progress in Forcing the President to Repeal Key Pieces of His Own Health Care Law
Thursday, March 22, 2012
As one of their first acts of the 112th Congress, House Republicans voted unanimously (along with three House Democrats) to repeal the Democrats’ health care law in its entirety. Although the Democrat-led Senate still refuses to take up legislation to fully repeal ObamaCare, House Republicans have not stopped looking for ways to defund it, resulting in more than $52 billion being taken out of ObamaCare:
In addition to the provisions above, President Obama also signed into law the repeal of the onerous 1099 IRS reporting provision in his health care law. This will save American businesses countless hours and dollars in compliance costs, freeing up money to hire new workers or retain existing ones during tough economic times. The President also signed the Budget Control Act (P.L. 112-25) into law which will force the White House Office of Management and Budget to adopt billions of dollars in across-the-board cuts to ObamaCare.
The House has also voted to cut or repeal a number of ObamaCare provisions that the Senate refuses to consider, including:
While Republicans have made progress, there is still much more to be done. With recent analysis from the nonpartisan Congressional Budget Office confirming that the cost of the law has nearly doubled to $1.8 trillion over the next 10 years, the case for repeal could not be stronger. Republicans will continue to press for full repeal of ObamaCare.