Obamacare Does No Favors for the Nation’s Fiscal Outlook

“The United States faces severe economic consequences if skyrocketing federal spending on health care is not addressed. Rather than acknowledge this, Obamacare left in place an unsustainable policy that adds billions to the deficit each year. It creates the illusion of fiscal responsibility through its unsustainable cuts to Medicare and sets up yet another entitlement program to further burden taxpayers. The CBO’s report is a reminder of the ailing fiscal health of the country, which is made worse by Obamacare.”