(Wednesday, March 28 2012) Dr. Coburn on CNBC's Squawk Box emphasizing the dire need for us to fix the real problem, the deficit, and shedding light on the fact that the Affordable Care Act (otherwise referred to as Obamacare) is a significant contributor to our growing debt and worsens our long-term deficit.

During the debate over Obamacare, Democrats and the president claimed that the law would lower health care costs, create hundreds of thousands of jobs, protect Medicare, and allow Americans to keep their health care plans. Two years later, it's clear that not one of those promises will be kept. Instead, the health care law will drive up families' premiums by more than $2,000, force cash-strapped state governments to shoulder more than $100 billion in new Medicaid costs, take more than half a trillion dollars from Medicare, and encourage employers to drop health care coverage for up to 35 million Americans. And far from creating jobs, the health care law will actually result in 800,000 fewer jobs over the next decade. It's time to repeal Obamacare and replace it with commonsense, step-by-step reforms that will actually lower costs.