This afternoon, U.S. Sen. Ted Cruz (R-TX)released the following statement on his Continuing Resolution amendmentto delay funding of Obamacare:
For the last four years, our economy has grown at just 0.8% per year. Asa result of this anemic growth, 23 million Americans are struggling tofind work, and millions more are being denied a fair opportunity toachieve the American dream.
Economic growth these past four years has been a small fraction ofhistoric levels: since World War II, our economy has averaged 3.3%growth each year. Until economic growth returns, none of our economicproblems can be solved. Improving the lives of the middle class,protecting our seniors, empowering people to escape poverty, and reiningin the federal debt…all depend on economic growth.
The very first priority of every elected official–Democrat andRepublican–should be restoring economic growth, so we can ensurecontinued strength, prosperity, and opportunity for the nextgenerations.
Obamacare doesprecisely the opposite. It is already hurting small businesses, reducingthe hours Americans are allowed to work, forcing employers to dropcoverage, and leading to substantial increases in healthcarepremiums–especially for young people. And, if Obamacare is fullyimplemented, it will create an even further drag on the economy, killingjobs and making it harder for those struggling to climb the economicladder.
In my view, Obamacare should be fully repealed, and I have introduced legislation to do so.
At a minimum, however, itshould not be implemented at time when our economy is struggling somightily, at a time when its implementation could push us into a fullrecession.
Therefore,when the Senate votes on the Continuing Resolution, I intend to offer aI believe we should continue to delay such funding at least untileconomic growth returns to historic averages, and I intend toobject to consideration of any Continuing Resolution that does notinclude a vote to delay funding of Obamacare.
Last quarter, our economy grew just 0.1%. Getting growth back,getting Americans back to work, should be our top priority, and weshould all roll up our sleeves and work in a bipartisan way to get thatdone.