NYYRC OPPOSES PASSAGE OF THE HEALTH CARE SECURITY ACT

For Immediate Release: 3, 2006
Contact: Jen Saunders
Email: pr@nyyrc.com

THE NEW YORK YOUNG REPUBLICAN CLUB, INC.
OPPOSES PASSAGE OF THE HEALTH CARE SECURITY ACT

New York, NY: The New York Young Republican Club, Inc. (NYYRC) supports Mayor Bloomberg's opposition to the Health Care Security Act and expresses disappointment at the New York City Council for overriding the veto.

The NYYRC believes that the passage of such a bill will not save taxpayers money as the City Council states it will, but instead it shifts the cost of healthcare in the city from the taxpayer to the consumer. NYYRC President Dennis Cariello stated, "For maybe a small decrease in city funded healthcare costs, the City Council forced through a bill that will hurt low income New Yorkers significantly in the form of higher grocery costs." President Cariello continued " This proposal is actually counterintuitive to the typical liberal agenda. The progressive tax system in New York City places the majority of the burden on higher income earners, to the delight of liberals. This bill affects those who live paycheck to paycheck the most by increasing the costs of their basic necessities."

The NYYRC agrees with Mayor Bloomberg's assertion that this bill violates the Employee Retirement Income Security Act, a law meant to limit states' involvement in setting employee benefits. President Cariello commented "This is an attack on business and the free enterprise system. New York already has a reputation as one of the least business-friendly states because of our high taxes, and now the city has interfered in the operations of private businesses." President Cariello continued, "How are we supposed to attract businesses when they have to worry that our City Council will inflict unfair regulations on their legal practices?"

The New York Young Republican Club, Inc., is a not-for-profit political organization that exists to bring Republicans aged 18-40 together to discuss the Republican Party platform and aid the Republican Party in the education of the public about the Republican agenda and the promotion of Republican candidates for office. To find out more about the New York Young Republican Club, Inc. please visit the Website at http://www.nyyrc.com.