1 Jun 2014

IS (OBAMACARE) GOOD FOR AMERICA?

In March 2010, the US Congress passed HR 3590, the
Patient Protection and Affordable Care Act (PPACA), and
HR 4872, the Health Care and Education Reconciliation
Act of 2010. President Barack Obama signed them both
into law, along with Executive Order 13535 restricting
federal funds from being used for abortion services. On
Thursday June 28, 2012 the US Supreme Court upheld
the constitutionality of the PPACA in a 5-4 ruling.
Proponents of the health care legislation have called it a
"historic victory" and "landmark legislation" that reforms
the US health care system by reigning in health care
costs, making health care more affordable, and
protecting consumers from unfair insurance practices.
They cite the Congressional Budget Office which reports
that by 2021, it will reduce the nation's deficit by about
$210 billion.
Opponents have called it a "socialist" and
"unconstitutional" government takeover of the health
care system that will increase the cost of health care,
decrease the quality, and entrench a new entitlement.
They say the law will increase the nation's deficit $340-
$700 billion over the next decade. In 2011 and 2012 the
House of Representatives voted 36 different times to
repeal or replace Obamacare.

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