Democrat’s Health Care Plan Will Lower Economic Growth and Cut Jobs in Illinois

Press Release, 11/30/09

Today 10th District Republican Congressional candidate Robert Dold reacted to a recent report that revealed the truth about the devastating effects the Democrat-run health care plan will have on Illinois residents. The Illinois Policy Institute report shows the Obama-backed plan, which will increase federal government health expenditures by an estimated $1 trillion over ten years, will cost our state 169,000 jobs, shrink the state’s economy by more than five percent and cost $4,418 per person.

“During a time when Washington should be focusing on job creation, they’re distracted by a massive bill that will not only shrink economic growth on the national level, but will impose $57 billion in total costs to Illinois residents without increasing their services,” Dold said. “In the midst of a recession, Pelosi and her Democratic followers in Congress want to pay for their massive bill at the expense of each and every American taxpayer by raising taxes for families and small businesses, driving up insurance premiums and imposing massive cuts to Medicare at the expense of our seniors,” he continued. “Americans cannot afford government-run healthcare.”

As Congressman of the 10th District, Dold will use his experience as a small business owner and former investigative counsel for the House Government Reform and Oversight Committee to fight for health care reform that doesn’t raise taxes and hurt jobs in Illinois. Dold’s plan for health care reform includes medical malpractice reform, which according to the Congressional Budget Office would save $54 billion a year. It allows for the right of individuals to buy health care plans from any state in the nation when they find a plan that is cheaper and provides more coverage. It allows pooling of like companies and trade associations to negotiate for cheaper rates.  And it would provide for making medical costs transparent so that consumers can make better choices.