ObamaCare is having a rough 4th birthday.
A new report from the American Action Network found that, since last year, ObamaCare costs increased by $4.5 billion and added 48 million hours of paperwork.
Although Nancy Pelosi seems to think that Obamacare is proving to be a “winner” for the Democrats, it’s clear that the law is sinking the economy while burdening millions of American families and businesses’ with more costs and paperwork.
From Washington Free Beacon:
To mark the anniversary of Obamacare, which became law on March 23, 2010, the American Action Forum released a report finding that the law’s regulatory burdens are twice as great as its benefits.
“After four years of implementation, countless delays, a website disaster, and constant litigation, the Affordable Care Act (ACA) celebrates its inauspicious birthday this week,” the report said. “From a regulatory perspective, the law has imposed more than $27.2 billion in total private sector costs, $8 billion in unfunded state burdens, and more than 159 million paperwork hours on local governments and affected entities.”