- Contact: Lauren Willis
- Phone: 512-463-4070, Toll-free: 1-800-531-5441 ext. 3-4070
For Immediate Release
June 28, 2012
Statement from Texas Comptroller Susan Combs on the Supreme Court’s Decision to Uphold the Patient Protection and Affordable Care Act
(AUSTIN) — “I am very disappointed with the Supreme Court’s decision to uphold the Patient Protection and Affordable Care Act. It is a bad law and bad policy. The mandate to purchase individual health insurance through a brand new tax is an attack on personal liberty. This law is a reminder of President Ronald Reagan’s warning from a quarter century ago when he said, ‘Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.’
"In addition, the law will place an enormous burden on Texas taxpayers and place a huge constraint on our budget. The Supreme Court has left open the possibility that states could opt out of Medicaid expansion without losing money for the existing Medicaid program. Opting out to slow the projected growth of Medicaid is something the Legislature may have to consider once we’ve had time to further assess this decision.”
Join the discussion and connect with the Texas Comptroller on Facebook for the latest economic news, surveys and more.
Follow us on Twitter! Get quick Comptroller news and information you need to do business in Texas.