Wednesday, February 9, 2011

President Obama On Health Insurance Reform at Chamber of Commerce

Donate
In his speech at the Chamber of Commerce, President Obama had to say this about the Health Insurance Reform:
The same can be said of health insurance reform. We simply could not continue to accept a status quo that’s made our entire economy less competitive, as we’ve paid more per person for health care than any other nation on Earth. Nobody is even close. And we couldn’t accept a broken system where insurance companies could drop people because they got sick, or families went into bankruptcy because of medical bills.

I know that folks here have concerns about this law. And I understand it. If you’re running a business right now and you’re seeing these escalating health care costs, your instinct is if I’ve got even more laws on top of me, that’s going to increase my costs even more. I understand that suspicion, that skepticism.

But the non-partisan congressional watchdogs at the CBO estimate that health care tax credits will be worth nearly $40 billion for small businesses over the next decade -- $40 billion, directly to small businesses who are doing the right thing by their employees.
Republicans are vowing to go after health reform—piece by piece—until it’s dismantled.

That’s their goal, and it’s up to us to stop them.
Search Obama'12 Articles ▼

OBAMA and Economy