Ryan predicts Obamacare will ‘collapse under its own weight’

By Kay Nolan, January 13, 2013

Franksville – U.S. Rep. Paul Ryan told a Tea Party meeting in Racine County today that “ObamaCare will collapse under its own weight” and that employers will deliberately discontinue employee health care benefits, causing the program’s costs to balloon out of control.

Ryan said he has already spoken to a major Wisconsin employer that says it is poised to do just that – a move that Ryan calls “competitive dumping.”

Ryan, who would not reveal the company’s name, said it pays about $17,000 per employee for a family health plan, but its competitors can pay a $2,000 fine per employee if they do not offer health care.