Rep. Paul Ryan: The health care law will raise costs and blow a hole in the deficit

Rep. Paul Ryan on Fox and Friends: "A lot of healthy people are going to say, 'you know what, it just makes more sense to pay this tax or not do anything, instead of buying this insurance,' meaning sicker people will buy the insurance, raising everybody's premiums. Everybody's healthcare premiums in America are going to go up as a result this. That's very clear. With the Medicaid ruling, where they're saying states don't have to implement these new Medicaid rules, more people as a consequence to that are going to go onto Obamacare. So you're going to see a bigger increase in the cost. Millions of people who are otherwise going to go on Medicaid, are now going to go on Obamacare which costs a whole lot more money. So this is going to blow a hole through the deficit even more than we had already thought."

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