Peterson Introduces Resolution Urging Repeal of Obamacare
Assemblyman Erik Peterson, R-Hunterdon, Somerset and Warren, recently introduced an Assembly resolution urging the U.S. Congress to repeal the “Patient Protection and Affordable Care Act” commonly referred to as “Obamacare.”
“The vast majority of Americans want Congress to repeal the Affordable Care Act including almost two-thirds of those registered as Democrats,” said Peterson. “The reason people want the act repealed is because it will damage our fragile economy and deprive many middle class Americans the ability to earn a living wage.”
Peterson is referring to the decision by many U.S. companies to either reduce their workforce or to cut employees hours in order to survive the significant financial burden the act places on employers.
Even union members who initially supported the Act are now calling for its repeal after learning the impact it will have on their individual members including the luxury tax that will be imposed on many individual union members for having negotiated so called “Cadillac Health Plans” for their families.
“Evidently the drafters of the Act did not learn from President Clinton’s misguided luxury tax which destroyed jobs in many sectors of the economy and was eventually repealed,” continued Peterson. “I find it unconscionable that once again middle class Americans are going to be subject to yet another punitive tax for merely having job with an employer that provides good health insurance benefits for their families.”
The resolution, AR-198, will be referred to the appropriate committee when the Assembly returns to session.
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