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Pelosi: Obamacare is responsible for reducing the deficit

Obama's first 100 days

Late last month, President Obama held his 100th day press conference, during which he spent most of his time defending the health care law, saying:

“Even if we do everything perfectly, there will still be glitches and bumps...That’s pretty much true of every government program that’s ever been set up.”

We won’t argue with that. However, I’d say implementation is facing more than a few “glitches and bumps.” Let’s take a look at the recent news stories about Obamacare:

• A new Kaiser poll shows that just 35 percent of Americans support the law. That’s the lowest in two years. But perhaps even more problematic is that 42 percent don’t even know about the law.
   
• Yesterday, Sen. Harry Reid came out echoing Sen. Baucus’ comments that Obamacare could become a train wreck. Interesting that two of the bill’s biggest advocates are suddenly distancing themselves from the massive overhaul. What do they know that we don't?
  
  
• Even Health and Human Services Secretary Kathleen Sebelius admits that the law will raise premiums for many Americans.
   
• The Congressional Budget Office continues to revise its cost estimates for the law upward. From an initial 2010 estimate of costing just under $900 billion over ten years, CBO now says the law will cost $1.8 trillion between 2013 and 2023 – a mere trillion-dollar difference.
  
  
• Yesterday’s ADP report showed slowing growth in the private sector, especially with small businesses who continue to point to the health care law as a hurdle to hiring.

We’re going to need your help to avoid this train wreck.

Sign on in support of real reform now.

Happy Mother's Day!

With Mother’s Day this Sunday, we’re reminded of how important and influential moms are both in our lives, and to the vibrancy of the American economy. 

A recent study of 59 economies found that for the first time in 13 years women are creating businesses at a greater rate than men in three countries, and at a nearly equal rate in four others.

Mothers bring a unique skill set to the workplace.  From multitasking to balancing priorities, creative problem solving and coping with unexpected challenges, women are utilizing the skills they develop as moms to help grow their companies and take them to new heights.

This Mother’s Day, let’s celebrate our moms.  Not just for the critical role they play in our lives, but also for the unique and indispensable role they play in the American workplace.

Happy Mother’s Day!

Faulty Numbers

Earlier this week, we told you about efforts to derail immigration reform, namely a report from the Heritage Foundation that claims reform will cost U.S. taxpayers $6.3 trillion. 

No sooner had the report hit the circuit that the study’s serious flaws were pointed out. 

Even a former staffer from Heritage criticized the new report for using flawed assumptions and disregarding dynamic analysis of the positive impacts...

The report fails to take into consideration a true costs-benefit study. The research focuses solely on fiscal effects, and ignores the powerful long-term economic benefits – in what researchers call “a lack of dynamic analysis.” As a recent blog post on our Free Enterprise site points out “A glaring flaw in [the] headline-grabbing analysis is its static nature. They argue that reform would generate a $6.3 trillion fiscal deficit all things being equal. That’s the kicker. All things would not be equal.”

Here are some additional headlines:

This issue is too important to let factional fights derail the underlying issue. The system is broken and this study has the potential to lead to an even costlier alternative – doing nothing at all– which perpetuates the status quo.

We’re better than that – send a letter today.