200 Economists Ask Lawmakers to Repeal Obamacare


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I’m not the only one saying it: Two hundred economists ask lawmakers to repeal Obamacare. Key quote:

The letter from economists said the law is “fiscally dangerous at a moment when the United States is already facing a sea of red ink. It creates a massive new entitlement at a time when the budget is already buckling under the weight of existing entitlements. At a minimum, it will add $1 trillion to government spending over the next decade,” the letter stated. “Assertions that these costs are paid for are based on omitted costs, budgetary gimmicks, shifted premiums from other entitlements, and unsustainable spending cuts and revenue increases.

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