Is the Senate in a quorum call? The PRESIDING OFFICER (Mr. Schatz). Yes.
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Well, I think the legislation also has the provisional certification that you talked about, as well. It has some flexibility, but it also has the deadline attached to it.
It strikes me, at least, that it would make a lot more sense if you want to treat the railroads in sort of a fair way, you have to push that out there, knowing that they're not going to be able to meet the 2015 deadline.
Many of us, my colleagues on the Committee here and others, have introduced legislation that would provide this blanket extension that I referred to, which does have a hard, firm deadline.
I've said many times that maintaining and improving our Nation's infrastructure is absolutely vital to our country's economic prosperity.
I rise today to speak about the Internet Tax Freedom Forever Act, legislation I introduced on a bipartisan basis with my colleague Senator Ron Wyden to make the expiring Internet tax moratorium permanent. Because of the moratorium…
I wish to speak in support of Dr. Stanley Fischer to be a member of the Board of Governors of the Federal Reserve System. While we are only voting on Dr. Fischer's nomination to be a member of the Board today, he has also been nominated to…
It seems to me that an insurer may actually have a perverse incentive to get an MLR rate that is acceptable, but may drive costs later.
I just cannot figure out how we justify these higher rates by suggesting that we have more people insured.
It seems, to me at least, it is better to stop fraud when it occurs rather than to attempt to recoup money that has already been appropriately paid.
In fact, our colleague, Senator Nelson, just introduced a bipartisan bill to improve Medicare's fraud prevention.
I think, as I said, outside of Washington you hear these concerns where people are experiencing higher premiums, higher deductibles, canceled coverages, and that sort of thing.
With nearly a trillion dollars in new taxes, ultimately they do get passed along to the consumer.
I want to thank you for holding this hearing. I look forward to hearing from our witnesses on this particular subject.
But when one steps back to look at the larger picture, it is increasingly evident that the many problematic costs in regulations associated with the healthcare law will almost certainly frustrate that purpose.
Ultimately, the Congressional Budget Office estimates that due to the decline in hours worked, Obamacare will result in losses equal to two and a half million fewer full-time workers.
Obamacare continues to wreak havoc on our economy and on job creation.
Please do something about this. There has to be a better way.