Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
WASHINGTON - U.S. Senator Johnny Isakson, R-Ga., today announced that he is again co-sponsoring legislation that would repeal the individual mandate contained in President Obama's Patient Protection and Affordable Care Act that requires Americans to purchase health insurance -- even if they don't want it -- or else face a tax.
The American Liberty Restoration Act, which was introduced by Sens. Orrin Hatch, R-Utah, and Lamar Alexander, R-Tenn., would strike provisions in the health care law requiring individuals to purchase health insurance. Isakson co-sponsored the American Liberty Restoration Act in the last Congress that ended on Jan. 2, 2013.
"Since the day that the Patient Protection and Affordable Care Act was signed into law, I have worked to repeal it because of its terrible consequences on America's families and small businesses," said Isakson. "I believe that we are going down a dangerous path by requiring individuals to purchase a product, including health care, and I am proud to stand by my colleagues today to ensure that Americans are not forced to comply with the individual mandate that is set to be implemented next year. Instead, we need commonsense solutions that improve the cost and quality of health care through competition and choice, rather than imposing job-killing mandates and penalties on the American people."
On December 24, 2009, Isakson voted against President Obama's health care proposal, the Patient Protection and Affordable Care Act, and he has voted numerous times to repeal the law or portions of the law.
Read this original document at: http://www.isakson.senate.gov/public/index.cfm/news-releases?ID=adff136f-c695-43ed-ab80-13b1e74da42a