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Repeal Obamacare

Floor Speech

Date: July 10, 2012
Location: Washington, DC
Issues: Business and Consumers Health Insurance

Mr. WILSON of South Carolina. Madam Speaker, tomorrow House Republicans will vote for the 32nd time to repeal, defund, or dismantle the President's government health care takeover bill. Not only will this legislation grow the size of government, limiting freedom, it will also levy 21 new or higher taxes on Americans and small businesses, causing the destruction of jobs.

If ObamaCare is not repealed beginning on January 1, 2013, a 3.8 percent capital gains tax on investment income will go into effect, destroying jobs in the home building and real estate industries.

The National Federation of Independent Business, NFIB, America's largest association of small businesses, has estimated ObamaCare will destroy 1.6 million jobs.

In order for our Nation to recover, ObamaCare must be repealed, and the government and Congress must pass legislation that encourages job creation through private sector job growth.

In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism.


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