March 23 marked the one-year anniversary of President Barack Obama's signing of the Patient Protection and Affordable Care Act.
A handful of Democrats recognized the occasion by hosting events and press conferences lauding the impact of Obamacare. However, GOP leaders reaffirmed their intentions to repeal the law in an op-ed for The Cincinnati Enquirer. Co-authored by Senate Minority Leader Mitch McConnell (R-Ky.) and House Speaker John Boehner (R-Ohio), their column claimed that the President's healthcare legislation is full of "broken promises."
The op-ed stated that as many as 80 percent of small businesses will be expected to change their healthcare coverage plans in order to comply with the law. In addition, up to 69 percent of all American businesses will be forced to change their coverage. This contradicts an original promise made by Democratic lawmakers, who said that "if you like your plan, you can keep your plan," Boehner and McConnell wrote.
"This all adds up to more costs and burdens for employers and small businesses in the middle of a tough economy, at a time when we need to end the uncertainty and help them begin hiring again," they added.
According to the Congressional Budget Office, Obamacare will result in the loss of more than 800,000 jobs and will increase Federal healthcare spending by about half a trillion dollars over the next decade.
Public support for the healthcare reform has faded in the year since Obama approved the law. The latest Kaiser Health Tracking Poll shows that 46 percent of Americans oppose it, compared to 42 percent who support it, FOX News reported. Shortly after it passed in 2010, approximately 46 percent of respondents favored it and 40 percent did not.