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Published on Jun 28, 2012
Republican presidential candidate Mitt Romney said on Thursday (June 28) that if elected president he will work to overturn Barack Obama's landmark healthcare law that was upheld as constitutional by the U.S. Supreme Court.
The ruling gave the White House a big win ahead of Obama's re-election bid against Romney in November.
Romney said he disagreed with the 5 to 4 decision by the Supreme Court that upheld the requirement of the Affordable Care Act that most people get insurance by 2014 or pay a financial penalty.
Romney stated, "As you might imagine, I disagree with the Supreme Court's decision and I agree with the dissent. What the court did not do on the 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."
Romney said the law was too expensive and represented too large a role for the federal government.
He also added that "Obamacare adds trillions to our deficits and to our national debt, and pushes those obligations on to coming generations. Obamacare also means that for up to 20 million Americans, they will lose the insurance they currently have, the insurance that they like and they want to keep. Obamacare is a job-killer. Businesses across the country have been asked what the impact is of Obamacare. Three-quarters of those surveyed by the Chamber of Commerce said Obamacare makes it less likely for them to hire people. And perhaps most troubling of all, Obamacare puts the federal government between you and your doctor."
President Obama's healthcare law was signed into law in March 2010. The law made its way to the Supreme Court after 26 US States sued the federal government, arguing the law was unconstitutional.