Club for Growth: Obamacare Repeal Should Include
the Lee-Cruz Consumer Freedom Option and Nix the NIIT
â€œCongress should not stand in the way of allowing Americans
who want to opt out of Obamacare to do so.â€
Washington, DC â€" Today, Club for Growth President David McIntosh issued the following statement in response to ongoing discussions about how to improve the Senate GOPâ€™s Obamacare repeal efforts:
â€œThe fate of Obamacare repeal currently lies in the hands of the U.S. Senateâ€"many members of which won their seats based on campaign promises to repeal and replace Obamacare,â€ said Club for Growth President David McIntosh.
â€œAfter almost a decade of promising to repeal Obamacare, itâ€™s time for Republican senators to put their money where their mouths are and get it done.
â€œAt a bare minimum, Congress should not stand in the way of allowing Americans who want to opt out of Obamacare to do so. And thatâ€™s why itâ€™s so important that the new Senate Obamacare repeal bill include the Lee-Cruz Consumer Freedom Option, which would allow individuals to opt out of Obamacareâ€™s costly regulations.
â€œWhile including the Lee-Cruz amendment would be a significant step in the right direction, a step in the wrong directionâ€"more like a tripâ€"would be for the GOP to keep the 3.8 percent Net Investment Income Investment Tax (NIIT) on capital gains and dividends. This tax, just like any tax increase, is an anathema to conservatives as it suppresses economic growth and opportunity throughout our nation. Under no circumstances should the NIIT be included in any forthcoming Republican â€˜repealâ€™ bill.
â€œIf Majority Leader Mitch McConnell is unable to salvage the â€˜Better Care Reconciliationâ€™ bill, then the next best option would be to pass a real repeal bill as a standalone. That is, a bill that would repeal all of the taxes and all of the regulations in Obamacare.
â€œThe American people are tired of a Congress that overpromises and underdelivers. That wouldnâ€™t cut it in any other workplace and it shouldnâ€™t fly in Congress either. With thirteen legislative days left between now and Labor Day, the American peopleâ€™s message to Congress couldnâ€™t be clearer: theyâ€™ve got to get the job done.â€
The Club for Growth is the nationâ€™s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.
The Clubâ€™s website can be found at http://www.clubforgrowth.org/