Sens. John Barrasso (R-Wyo.) and Orrin Hatch (R-Utah) are winning praise for a bill to kill the Affordable Care Act’s tax on health insurance.
The lawmakers reintroduced the measure Tuesday, arguing that the healthcare law is weighing heavily on the economy.
“Higher insurance costs, fewer jobs and smaller paychecks is not what President Obama promised when he signed the largest expansion of government into law nearly three years ago, but that’s exactly what’s already happening,” Hatch said in a statement.
The bill’s introduction comes alongside a new industry report saying the coverage tax will cost 146,000 to 262,000 jobs by 2022, with the majority of losses hitting small businesses.