(CNSNews.com) – President Barack Obama admitted that he opposed the individual mandate – ruled constitutional by the Supreme Court – but pointed out his Republican opponent Mitt Romney has supported such a mandate.
“If you ask insurance companies to cover people with preexisting conditions, but don’t require people who can afford it to buy their own insurance, some folks might wait until they’re sick to buy the care they need -- which would also drive up everybody else’s premiums,” Obama said in the East Room of the White House after the court’s 5-4 decision Thursday.
“That’s why, even though I knew it wouldn’t be politically popular and resisted the idea when I ran for this office, we ultimately included a provision in the Affordable Care Act that people who can afford to buy health insurance should take the responsibility to do so,” Obama said. “In fact, this idea has enjoyed support from members of both parties, including the current Republican nominee for president.”
Obama was referring to a law that Romney signed when he was governor of Massachusetts in 2006 that required residents of that state to buy health insurance.
In remarks delivered in Washington, Romney, the presumptive Republican presidential nominee, once again vowed to repeal the law if he is elected president.
“What the Court did not do on its last day in session, I will do on my first day if elected President of the United States. And that is, I will act to repeal Obamacare,” he said.
“Let’s make clear that we understand what the court did and did not do,” Romney said. “What the court did today was say that Obamacare does not violate the Constitution. What they did not do was say that Obamacare is good law or that it's good policy. Obamacare was bad policy yesterday. It's bad policy today. Obamacare was bad law yesterday. It’s bad law today.
“Let me tell you why I say that. Obamacare raises taxes on the American people by approximately $500 billion. Obamacare cuts Medicare, cuts Medicare, by approximately $500 billion. And even with those cuts, and tax increases, Obamacare adds trillions to our deficits and to our national debt and pushes those obligations on to coming generations.”