“If the United States is going to remain the global forerunner in medical innovation, serious change is needed. The federal government needs to support, rather than impede, development. But even as it seeks to do this, new taxes on the industry under Obamacare will not only slow medical innovation in the United States but force it—and the jobs it has created—overseas. This is hardly a recipe for ‘winning the future.'”

“2011 has commenced and even though New Year’s cards may still remain prominently displayed on the kitchen table, a newly implemented provision of the health care overhaul law likely has some physicians and patients across the country yearning for the good old days of 2010. As of January 1, 2011, the Patient Protection and Affordable Care Act (PPACA) states patients with flexible savings accounts (FSAs) and health savings accounts (HSAs) can no longer use these tax-sheltered vehicles to purchase over-the-counter (OTC) medicines without a doctor’s prescription. This legislation will adversely impact physicians, patients, health care costs, and flies in the face of the enabling law that established these programs.”

“So the facts are in. Obamacare includes tremendous new levels of federal spending at a time when lawmakers are seeking ways to reduce the unaffordable size of government. It pays for new spending by increasing taxes on the American people, burdening individuals and businesses and putting further strain on the economy. And, as we explain further in recent research, a realistic scoring of Obamacare shows that it is certain to increase deficits.”

“The Obama Administration’s healthcare proposals continue to rob Peter to pay Paul with dangerous
consequences for the America’s healthcare system. First, the President failed to address the Medicare
physician reimbursement problem with the Patient Protection and Affordable Care Act. Now the
President is proposing a two year doc fix that shifts care access problems from the elderly to the poor,
undermines drug innovation, and further relies on unproven cost savings that will likely just add to the
federal budget deficit.”

“The measure repealing the 1099 mandate may itself increase the deficit slightly. It will reduce federal tax collections by $17 billion, and the offsetting spending cuts are highly questionable. This vote’s real significance, however, is that it shows why ObamaCare’s entitlement spending would survive the political process while its revenue-raising provisions would not.”

“The Patient Protection and Affordable Care Act (PPACA) imposes numerous tax hikes that transfer more than $500 billion over 10 years—and more in the future—from hardworking American families and businesses to Congress for spending on new entitlements and subsidies. In addition, higher tax rates on working and investing will discourage economic growth both now and in the future, further lowering the standard of living.”

“One of the central goals of the Patient Protection and Affordable Care Act (PPACA) was to increase the number of individuals with health insurance coverage. To encourage employers to offer coverage, the new law creates a tax penalty on firms with more than 50 workers that fail to provide “adequate” coverage for their employees. The result is government intrusion into voluntary arrangements made between employer and employee. The cost of the tax penalty will ultimately be borne by workers (lower wages and fewer jobs), shareholders (lower profits), and consumers (higher prices).”

“The Affordable Care Act (ACA) is an impediment
to economic growth and federal fiscal balance, threatening
nearly 700,000 jobs and increasing the deficit by nearly
$300 billion in the near term. At a time when too many
Americans remain unemployed and the country faces a
daunting budgetary outlook, alternative approaches to
health care reform would be preferable.”

“Defenders of ObamaCare have seized upon a Jan. 6 letter from the Congressional Budget Office (CBO) to House Speaker John Boehner alleging that repeal would ‘increase the deficit.’ Don’t be bamboozled. When big spenders call for ‘deficit reduction,’ they mean raising your taxes. That is what ObamaCare does.”

In light of this week’s good news on the legal front of the war against ObamaCare, Medical Progress Today, a project of the Manhattan Institute, asked a collection of leading health policy experts for their opinions on whether ObamaCare can still stand if the individual mandate is removed.