GOP Attacks $111B Jump In Health Reform Law Spending

Law360, New York (March 2, 2012, 4:47 PM EST) -- Part of the president's budget that would increase subsidies for the health care reform law's insurance exchanges by $111 billion drew ire from the House Ways and Means Committee chairman Friday, who claimed it was a sign the law was leading to higher insurance premiums or other consequences.

In a letter to Treasury Secretary Timothy Geithner, Ways and Means Committee Chair Dave Camp, R-Mich., claims the 30 percent increase proves critics' predictions about the health law — that it would jack up premiums and cause employers...
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