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On The Two Year Anniversary Of ObamaCare, NRSC Fact Checks Casey & Obama’s Job-Killing Healthcare Law

NRSC Launches New Web Video

Two years ago today – with the help of U.S. Senator Bob Casey who voted for Barack Obama’s job-killing healthcare bill – President Obama signed his $1.76 trillion healthcare bill into law.  The National Republican Senatorial Committee (NRSC) today released a web video reminding Pennsylvanians of the broken promises from ObamaCare.

Senator Casey specifically promised the healthcare bill would reduce healthcare costs for millions of people, but since this legislation has been signed into law, costs have risen by 9 percent and the average premium has risen by $1,300. 

Meanwhile, Casey and his fellow Democrats claimed the healthcare bill would cost $940 billion, but recently the non-partisan Congressional Budget Office released a report that found ObamaCare would actually cost $1.76 trillion.   
 

Click The Screenshot Below To View The NRSC’s New Web Video

Notably, this bill is hurting businesses throughout Pennsylvania.

“Senator Bob Casey promised Barack Obama’s healthcare bill would lower the cost of healthcare, but today Pennsylvanians are paying more for healthcare than ever before,”  said National Republican Senatorial Committee (NRSC) spokesman Lance Trover.  “Between the job-killing taxes, the intrusive federal mandates and the raiding of Medicare funds, it’s clear Bob Casey misled the people of Pennsylvania about the true effects of his government-run healthcare plan.”

BACKGROUND …

Since The Signing Of ObamaCare Healthcare Costs Have Increased

BLOOMBERG:  “The average cost of a family policy climbed 9 percent in 2011 to $15,073, according to a poll of 2,088 private companies and state and local government agencies by the Henry J. Kaiser Family Foundation in Menlo Park, California, and the Chicago- based American Hospital Association’s Health Research and Educational Trust.” (Jeffrey Young, “Health-Benefit Costs Rise Most In Six Years,” Bloomberg, 9/27/11)

WALL STREET JOURNAL:  “[In 2011], the health-insurance premiums employers pay rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey.” (“Employer Health Premiums Rise Sharply,” The Wall Street Journal, 9/27/11) 

WALL STREET JOURNAL: “The average annual family premium for 2011 was $15,073, up from $13,770 last year.” (“Employer Health Premiums Rise Sharply,” The Wall Street Journal, 9/27/11)


Meanwhile The CBO Has Increased The Price Tag Of ObamaCare To $1.76 Trillion

FOX NEWS:  The Congressional Budget Office has extended its cost estimates for President Obama’s health care law out to 2022, taking in more years of full implementation, and showing that the bill is substantially more expensive — twice as much as the original $900 billion price tag.  (Jim Angle, New CBO health law estimate shows much higher spending past first 10 years, Fox News, 03/14/12)

And The Bill Is Hurting Businesses In Pennsylvania

Pennsylvania-Based Alcoa To Take $80 Million Charge Due To ObamaCare. “Alcoa said it expects to take an $80 million charge to cover costs associated with new health care legislation, according to a filing with the Securities and Exchange Commission.” (“Alcoa Sees $80 Million Charge From ObamaCare,” The Street.com, 4/5/10)

U.S. Steel Expects To Take A $27 Million Charge Because Of ObamaCare. “United States Steel Corp. said Wednesday it expects to record a $27 million charge in the first quarter as a result of tax adjustments in the health care reform law. … US Steel said that based on the Medicare Part D subsidies expected to be received this year, the related annual cash tax increase would be less than $10 million.” (“US Steel To Record $27M Charge For Health Care Law,” The Associated Press, 4/7/10)

Pittsburgh, PA-Based Allegheny Technologies Took A $5.3 Million Charge Because Of ObamaCare. “Allegheny Technologies Incorporated reported net income for the first quarter 2010 of $18.2 million, or $0.18 per share. Results included a non-recurring tax charge of $5.3 million related to the recently-enacted Patient Protection and Affordable Care Act. Excluding this non-recurring tax charge, net income was $23.5 million, or $0.24 per share, on sales of $899.4 million.” (Allegheny Technologies Inc., “Allegheny Technologies Announces First Quarter 2010 Results,” Press Release, 4/28/10)

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