Nancy Pelosi: Repealing Obamacare Would Do ‘Very Serious Violence to the National Debt'

(CNSNews.com) - Rep. Nancy Pelosi (D-Calif.) said Tuesday that repealing Obamacare would do "very serious violence to the national debt and deficit."

As enacted, Obamacare requires all Americans to have a government-approved health insurance plan and provides federal subsidies to all individuals and families earning up to 400 percent of the poverty level to purchase health insurance.

“If everyone in America was very, very pleased with his or her health insurance and had no complaints, and had access to quality affordable health care in our country, it still would have been necessary for us to pass the health-care reform bill because we could not sustain the system,” Pelosi said on Tuesday.

That is because Obamacare is a money saver, she argued.