Key Democrat Calls for Slowing Down Obamacare’s Regulatory Train Wreck
On Meet the Press yesterday, former Democrat Congressman Harold Ford Jr. called for a moratorium on new regulations – including new regulations under Obamacare. The full transcript can be found here.
At a time when unemployment remains near record high levels, and tens of millions of Americans are out of work, the Administration has already released more than 9,000 pages of Obamacare-related regulations, notices, and other mandates in the Federal Register – with many thousands of pages still being developed. All these mandates will raise premiums for individuals and families, increase costs for businesses, and ultimately impede job creation. Both Rep. Ford, and CNBC’s Maria Bartiromo, indicated that pending health care regulations are creating uncertainty among businesses that is harming the economy. Why can’t President Obama see that himself, and call off the harmful Obamacare regulations before the economy incurs any more damage…?