Here are some facts you need to know about ObamaCare:
•Costs taxpayers a staggering $1 trillion over the next decade.
•Increases health care spending by more than $200 billion.
•Raises drug prices and the cost of premiums.
•Raises taxes on small businesses.
•Burdens state governments with costs nearing $10 billion between 2014 and 2019.
•Forces companies to drop employer-provided health coverage for workers.
•Incentivizes individuals to drop their own coverage, pay a penalty, and only get health insurance when they get sick.
Despite all these problems, President Obama and his liberal allies still defend the law as good for American business.
Facing a $25 billion deficit for their next two-year budget cycle, Texas lawmakers are considering closing the gap by dropping out of Medicaid. “This system is bankrupting our state,” State Representative Warren Chisum told The New York Times. “We need to get out of it. And with the budget shortfall we’re anticipating, we may have to act this year,” he said.
And Texas is not alone. American Legislative Exchange Council director of the health and human services Christie Herrera tells NYT: “States feel like their backs are against the wall, so this is the nuclear option for them. I’m hearing below-the-radar chatter from legislators around the country from states considering this option.”