Investigation Update: Committee Continues Inquiry Into the Development of Obamacare
WASHINGTON, DC -- More than two years after the president's controversial health care law was enacted, and weeks after the United States Supreme Court heard arguments about the law's very constitutionality, members of Congress and the American people still do not have access to basic information about how the law was developed and what agreements were reached behind closed doors in its drafting and as it was sold to the public.
The Energy and Commerce Committee's Oversight and Investigations Subcommittee launched an investigation into the law...
We Can't Wait: With U.S. at Risk of Losing Out on Canadian Oil Supplies, Republicans Prepare to Override Obama's Objection and Finally Advance Keystone XL Pipeline
By now it's well known that President Obama rejected the popular Keystone XL pipeline and personally lobbied members of the U.S. Senate against it. Not surprisingly, we're beginning to see the consequences. A report in today's Wall Street Journal outlines plans to expand the project for a new pipeline to carry oil from the vast Alberta oil sands westward, where it can be placed on tankers and shipped to Asian markets. While the U.S. has been the largest consumer of Canadian oil, the president's...
Editorials Urge President Obama To Protect Emergency Oil Supplies
Administration officials have indicated President Obama is contemplating tapping the Strategic Petroleum Reserve. Such news has sparked an outcry among national security experts and editorial boards who are urging the president to refrain from such misuse of our nation's emergency oil reserves. They argue the SPR was created for emergencies only and should not be used as a political tool. To help protect the SPR and promote long-term supply solutions over political gimmicks, Rep. Cory Gardner (R-CO) has introduced legislation to ensure we do not tap...
ICYMI: Washington Post: Health-care law will add $340 billion to deficit, new study finds
The Washington Post today highlighted a new study that reveals the health care law will increase the deficit by $340 billion. The study highlights many of the health care law's broken promises that continue to unravel, finally assigning a price tag to many of the budget gimmicks that have previously been exposed including the double counted $575 billion Medicare "savings."
In a rush to undermine the new study, the White House attempts to argue that the study is using "new math" and "wrongly claiming that some...
ICYMI: Killing Coal
Last week President Obama's EPA proposed new greenhouse gas standards for power plants. It's the latest in a series of rigid rules that are reshaping our nation's energy policy under the guise of environmental regulation, driving up costs and destroying jobs. While the EPA argues this new rule will have no economic impact, common sense dictates otherwise when we are foreclosing the use of one of the most abundant and affordable electricity sources. As an editorial in today's Wall Street Journal points out, the rule simply assumes no...
ICYMI: Is the Obama administration's energy policy credible? No
Last week the president embarked on a "tour de farce" to sell the American people on his energy policies - a daunting task given current public disapproval of his performance on key issues. During this public relations tour, the president made several dubious claims about the state of American energy production under his leadership. For example, he took undue credit for increased oil and gas production on state and private lands, but he refused to acknowledge the production decline taking place on federal lands....
Obamacare's Terrible, Horrible, No Good, Very Bad Year
WASHINGTON, DC-- Today marks the two-year anniversary of the Patient Protection and Affordable Care Act, the president's still-controversial health care law. Oversight of the law has been a key focus of the Energy and Commerce Committee, and our work continued this week in the lead up to the anniversary. On Wednesday, the Oversight and Investigations Subcommittee, chaired by Rep. Cliff Stearns (R-FL), held a hearing to examine the status of the many lofty promises made by the law's proponents.
"Two years after its enactment, vital questions remain unanswered,"...
That Was Then, This Is Now
Then: Obamacare will "for sure" reduce insurance costs
Now: Obamacare will increase premiums by 19-30 percent
How Obamacare Dramatically Increases the Cost of Insurance for Young WorkersBy: Avik RoyForbes
In 2009, during the height of the debate over Obamacare, the law's architect, MIT economist Jonathan Gruber, was all over the op-ed pages, talking about how the bill would reduce the cost of health insurance. "What we know for sure," he told Ezra Klein, "is that will lower the cost of buying non-group...