Hatch Statement on Class Act

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Hatch Statement on Class Act

The following press release was published by the United States Senate Committee on Finance Chairman's News on Oct. 14, 2011. It is reproduced in full below.

WASHINGTON - U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, issued the following statement after the Obama Administration announced it will not move forward with the long-term care insurance program, known as the CLASS Act, because they did not see a "viable path forward":

“This announcement is a canary in a coal mine. The CLASS Act's budget gimmicks, which secured its inclusion in the $2.6 trillion health law, have finally been exposed as a program that was deeply flawed and unsustainable. Today’s abandonment of the program is just the latest evidence demonstrating ObamaCare's devastating effects and ill-conceived policies. What will be next?"

Source: US Senate Committee on Finance Chairman's News

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