Sadly, as the law is implemented, millennials will find that even its attractive aspects are not what they seem. By regimenting the practice of medicine, the law will discourage talented people from signing up for the long haul of medical training, exacerbating our oncoming doctor shortage. Fewer of the world’s greatest minds will come to America to debut medical innovations, and fewer companies will invest in the next round of lifesaving, life-enhancing treatments because the law strangles profits and discourages competition.
Millennials will also bear the costs. The more than 20 new taxes in the law, aimed at today’s wealthiest citizens, will actually punish tomorrow’s middle class. Moreover, it will be our lifelong struggle to repay an inherited national debt north of $15 trillion, which will be worsened by the law’s short-run, trillion-dollar price tag and long-run bankruptcy.
Yet these consequences pale in comparison to the damage this law will do to our Constitution. We cannot measure in dollars our rich inheritance of the American design for government. A limited federal government, reserved rights for the states and protected personal liberties are our greatest treasure, and these principles hang in the balance of the Supreme Court decision.
Hadley Heath is a 24-year-old policy analyst at the Independent Women’s Forum.
On January 3, Sen. Kirsten Gillibrand, D-N.Y., raises her right hand as her son Henry messes up her hair while Vice President Joseph R. Biden Jr., delivers the ceremonial swearing-in in the Old Senate Chamber. Gillibrand's other son Theodore, lower right, looks on.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.