Pulse Exclusive: Nobel Laureate, Economists Make GOP Repeal Case
Jan 18, 2011
House Republicans open the health reform repeal debate today with an ace up their sleeves: a letter making the economic case for repealing the law, signed by 168 tenured economics professors and academic institution-affiliated scholars, two former CBO directors and four Federal Reserve economists, including a Nobel Laureate, among others. "We believe the Patient Protection and Affordable Care Act is a threat to U.S. businesses and will place a crushing debt burden on future generations of Americans," the 200 economists write, in a letter organized by the American Action Forum and obtained by PULSE. They charge that the law is a barrier to job growth and a "massive spending increase," adding $1 trillion in government spending over the next decade. LARRY VAN HORN and LUKE FROEB are mentioned.