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Obamacare Destroys Jobs

Floor Speech

Date: Dec. 18, 2015
Location: Washington, DC
Issues: Business and Consumers Health Insurance

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Mr. WILSON of South Carolina. Mr. Speaker, last Monday, the nonpartisan Congressional Budget Office confirmed what we have seen for the last 5 years: ObamaCare destroys jobs.

Over the next 10 years, ObamaCare is expected to significantly reduce American work hours, destroying nearly 2 million jobs. The impact will also reduce America's workforce by nearly 1 percent.

The cause is clear. Workers cannot afford the excessive mandates and changes in tax rates. ObamaCare not only hurts wallets by increasing premiums, but it also hurts workers by destroying jobs. Last month, we learned that major insurance companies, like UnitedHealthcare, may not remain in the exchanges because of high costs. Obamacare is unsustainable.

We have seen time and time again how ObamaCare has harmed jobs and families. Its architect, Jonathan Gruber, admitted that it was built on ``the stupidity of the American voter.'' We must repeal it and replace this broken law with patient-centered solutions.

In conclusion, God bless our troops, and may the President by his actions never forget September the 11th in the global war on terrorism.

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