Romney After Supreme Court Ruling: 'ObamaCare Was Bad Policy Yesterday, It's Bad Policy Today

Shortly before noon in Washington D.C. Thursday, Republican presidential candidate Mitt Romney delivered his remarks in response to the Supreme Court ruling that upheld the Affordable Care Act and it's controversial "individual mandate," a law that the former Governor of Massachusetts has consistently maintained opposition to, and promises to repeal day one if elected president.

"ObamaCare was bad policy yesterday, it's bad policy today," Romney said. The Republican presidential candidate expressed his agreement with the dissent, calling Thursday's decision by the court incorrect. Romney said the "bad law" raised taxes and cuts Medicare.

"ObamaCare raises taxes on the American people by approximately 500 billion dollars," said Romney, going on to add that the law adds trillions to our deficits and national debt for coming generations. Romney said that under the law, up to 20 million Americans will lose the health coverage they currently have, already like, and may want to keep.

Romney called the law a "job killer," citing surveys from the U.S. Chamber of Commerce that indicates nearly 75 percent of businesses say that the law makes it harder for them to hire more employees.

While pledging to immediately repeal ObamaCare, Romney explained some things he will want to keep in place and ensure for a "real reform" of the healthcare system.

For the first part of Romney's vision for healthcare reform, the former Massachusetts Governor said he would want to ensure Americans that they will be able to keep their current healthcare if they so choose to. Romney also said he wants to be able make sure that those with preexisting conditions are able to get insured, and will not lose their insurance. Romney said that we must "do our very best" to help each state make sure every American has access to affordable healthcare, something that Romney said Obamacare makes more expensive.

The Republican presidential candidate staked the future for healthcare reform as a choice between an expensive and intrusive expansion of the federal government mandated by the current administration, or his plan, returning to a time when the American people and consumer could make their own choices on healthcare.

"If we want to get rid of Obamacare, we're going to have to replace President Obama," said Romney.

The Romney campaign reportedly raised more than $100,000 online in a little more than an hour following the Supreme Court ruling.

(H/T Video: PBS)