Legacy situation of SWCcare is getting worse:
Paul Ryan says Obamacare is 'entering a death spiral'
Jacob Pramuk
Wednesday, 7 Dec 2016
Paul Ryan hammered President Barack Obama's health care law Wednesday, stressing that he plans to use the early days of Donald Trump's presidency to "fix" the insurance system.
"You have to remember this law is getting much worse. It is what actuaries say, 'Entering a death spiral.' High, high premiums increase, high deductibles, no choices. We have to fix this problem," the House speaker told CNBC's "Squawk Box."
President-elect Donald Trump campaigned on a pledge to "repeal and replace" the law, known as Obamacare. He seized on rising premiums under the plan, which has broadly expanded health coverage in the United States.
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