Portman Statement on Two-Year Anniversary of President Obama's Health Spending Law

WASHINGTON, D.C. – U.S. Senator Rob Portman (R-Ohio) today released the following statement on the two-year anniversary of President Obama’s health spending law, the Patient Protection and Affordable Care Act:

“President Obama’s health spending law has demonstrated yet again that a one-size-fits-all federal government mandate is bad for health care quality, small business job creation and our nation’s fiscal condition. In the two years since it has been signed into law, we’ve learned just how much it will increase costs, hamper job creation and hurt states like Ohio.

“The nonpartisan Congressional Budget Office has said the health care law will increase premiums on families by $2,100 per year and result in 800,000 fewer employed Americans. And states, many of which are already struggling to afford current Medicaid programs, will have to find a way to absorb 20 million more Americans into the system.

“Saddling American families and jobs creators with Washington mandates only drives up costs, stifles innovation and creates uncertainty at a time when they can least afford it. There is a better way to reduce costs and expand access to health care, without more government involvement. The health spending law should be repealed and replaced with commonsense, consumer-centered, market-driven solutions.”