4.6 • 949 Ratings
🗓️ 24 March 2011
⏱️ 10 minutes
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0:00.0 | This is the Cato Daily Podcast for Thursday, March 24, 2011. I'm Caleb Brown. |
0:07.0 | Obamacare's promise was to lower costs, allow you to keep your health plan and provide better |
0:11.8 | care all around. A year later some health |
0:14.6 | insurance markets have evaporated and states are requesting waivers to escape |
0:19.0 | Obamacare's mandates. At a half-day conference on Obamacare Monday, Cato's Michael Cannon ran through some |
0:25.6 | of the policy problems the new health care law contains. |
0:29.4 | Before this law even cleared Congress, Voters in Massachusetts took what was for Massachusetts |
0:36.3 | the very distasteful step of electing a Republican to the US Senate in order to try |
0:41.6 | to stop this law. |
0:44.3 | 38 states had introduced and two states had enacted legislation that was intended to block it |
0:48.8 | before it was passed Congress. |
0:51.0 | In the years since this is, Obamacare has become law and I should |
0:55.4 | mention parenthetically there's a lot of a lot of people don't like the term |
0:59.4 | Obamacare they consider a pejorative I use it I don't consider it to be pejorative, and if the law is a huge |
1:04.4 | success, I think the president will ultimately thank me for calling it that. |
1:08.2 | But in the years since Obamacare was enacted, three additional states have enacted laws trying |
1:11.6 | to block it, and two states have amended their state |
1:13.9 | constitutions in the hope of blocking this law. |
1:17.1 | 28 states have filed lawsuits in federal court alleging that this, obama care violates the US Constitution |
1:24.0 | half of them within hours of the signing ceremony individual citizens have filed |
1:27.7 | another two dozen lawsuits challenging the law many of them are many of these |
1:31.9 | lawsuits are frivolous but two of them are not because two federal |
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