In reality, the President is off base on each of these assertions. The entire health care reform effort being pushed by the President is focused on expanding the size of government. That means taxes will go up, and there are increased risks of higher budget deficits.
Meanwhile, ObamaCare will drive up health care costs due to, for example, increased government regulations and mandates, and government’s expanded role in funding health care expenditures.
This amounts to a recipe for higher budget and health care costs.
Raymond J. Keating
Small Business & Entrepreneurship Council