"Orrin Hatch Wants To Lower The Deficit By Increasing It"
Inside Health Policy’s Sahil Kapur notices that Sen. Orrin Hatch (R-UT) is arguing that Congress should repeal the health care law in order to reduce the deficit, dismissing the debt savings from the measure and the Congressional Budget Office’s projections that eliminating the law would “would worsen the budget outlook.” From Hatch’s press release:
With the national debt more than $14.5 trillion and unemployment still over nine percent, U.S. Senator Orrin Hatch (R-Utah) called for the repeal of ObamaCare to be considered as a means to reduce the deficit and create jobs.
“We all knew that ObamaCare was going to be disastrous for our economy and every day that goes by proves that point,” Hatch said. “Whether it be the trillions of dollars in tax hikes or the sheer number of job losses directly from ObamaCare itself, it’s clear that repealing ObamaCare must be on the table during any talks to slash our nation’s debt and create much-needed jobs.”
When Kapur confronted Hatch’s office with CBO data which found that repeal would increase the deficit by $230 billion over 10 years, raise the number of uninsured by 32 million, eliminate subsidies, and force millions of American families to pay higher premiums, and increase premiums for employer-based coverage, Hatch spokeswoman Julia Lawless called its projections “gimmicks.” “That includes all of ObamaCare’s gimmicks,” she said in an email. “The true cost of the bill is $2.6 trillion and that’s a real budget-buster.”