Political Quotes

“Mr. President, I rise today to once again speak about a topic I have spoken to many times over the last 2 years; that is, the health care law. Today I would like to focus on a number of aspects of the health care law, but to start I would point out that this law actually enacted the largest expansion of Medicaid since its inception in 1965. The law dramatically increases government spending, it ties the hands of States, it is going to bankrupt State budgets, and it traps nearly 26 million more Americans in a broken system. Last week's Medicaid Actuary report indicates that 25.9 million more Americans will be dumped on Medicaid under the new law. The week before, the nonpartisan Congressional Budget Office pointed out that Federal spending on Medicaid will increase by $168 billion. That is just compared to last year's projection. That means this expansion alone is projected to cost the Federal taxpayers $795 billion through 2021. That is at a time when not only our Federal budget is struggling, but in addition to that our State budgets are in trouble. Added up, the Federal Government will spend $4.6 trillion on Medicaid over the next 10 years, a staggering number--$4.6 trillion. Medicaid spending is projected to increase 35 percent once the law is fully implemented.…”