Ron Paul on Obamacare It's Monstrous: Scrap It

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Former Republican presidential candidate Ron Paul has a frank prescription for the health care plan making its way through Congress: Scrap it.

"I think it’s monstrous," Paul said.

"I don’t think it will improve medical care in this country. I think it’s very, very costly and we don’t have any money. And they don’t have any way of paying for it."

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The libertarian GOP congressman and physician was in East Grand Rapids today for a private reception for what was touted as a "conservative comeback luncheon."

Paul is skeptical of estimates that peg the 10-year cost of the plan backed by President Barack Obama at $1 trillion. He puts it much higher.

He noted that cost estimates for Medicaid and Medicare are often below the mark.

"On average, it’s two or three times more expensive than they say. This is going to be incredibly expensive."

Paul has introduced a bill that would provide tax credits and medical savings as a means of expanding health insurance coverage.

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