WASHINGTON, Jan. 21 – Today, Senate Finance Chairman Orrin Hatch (R-Utah) and Senate Health, Education, Labor and Pensions (HELP) Chairman Lamar Alexander (R-Tenn.), along with 20 other senators, introduced the American Liberty Restoration Act, S. 203, a bill that repeals Obamacare’s individual insurance mandate.
“Forcing Americans to purchase insurance goes against our nation’s history of individual liberty. This legislation strikes Obamacare’s individual mandate and restores the freedoms outlined in the Constitution. Washington should continue to work towards finding a way to equip patients with the tools needed to obtain access to health insurance, but not in a way that attacks the spirit of the Constitution and our treasured history of limited government,” said Hatch.
“How can we continue to enforce the individual mandate when the law doesn’t clearly ensure that millions of Americans are allowed to receive subsidies to help cover the cost? How can we enforce it when Obamacare outlaws plans that fit family budgets? Millions more Americans are in for sticker shock when they see how much they owe the IRS in April because of Obamacare. We need to focus on making health care plans affordable to Americans,” said Alexander.
The American Liberty Restoration Act would strike provisions in the Patient Protection and Affordable Care Act (PPACA) requiring individuals to purchase health insurance. The individual insurance mandate in PPACA went into effect in 2014.
For the 2014 tax filing season, individuals who did not purchase health insurance will face a fine of $95 or 1% of their income, whichever is more. For the 2015 tax filing season, that penalty will increase to $325 or 2% of their income, whichever is more.
Cosponsors of the bill include: Sens. Kelly Ayotte (R-N.H.), John Barrasso (R-Wyo.), Roy Blunt (R-Mo.), Richard Burr (R-N.C.), Dan Coats (R-Ind.), Thad Cochran (R-Miss.), Susan Collins (R-Maine), John Cornyn (R-Texas), Deb Fischer (R-Neb.), Chuck Grassley (R-Iowa), Jim Inhofe (R-Okla.), Johnny Isakson (R-Ga.), Mark Kirk (R-Ill.), Lisa Murkowski (R-Alaska), Rob Portman (R-Ohio), Jim Risch (R-Idaho), Pat Roberts (R-Kan.), Marco Rubio (R-Fla.), John Thune (R-S.D.), and Roger Wicker (R-Miss.)