On the recordMarch 16, 2017
Today, I rise to express my opposition to the GOP healthcare bill. On Monday, we received from the CBO a report that the House repeal bill will increase the number of uninsured Americans by 24 million in 2026. Fifty-two million Americans will be uninsured in 2026, which is more than ever before, and definitely more than the Affordable Care Act. The intentions here are clear. The bill's drafters are choosing to ration care for the elderly and the working class to fund tax cuts for the Nation's highest earners. Under the GOP bill, a 64-year-old, with an income of $26,000, will have to pay a net of $12,900 more each year for her coverage than she currently does. In addition to the disproportionate harm that this bill will do to seniors, it will also accelerate the insolvency of the Medicare trust fund by 3 years. Mr. Speaker, the GOP plan cuts $880 billion from projected Medicaid spending over the next decade, while providing almost $600 billion in tax cuts to the wealthy and to corporations. Sixty-four percent of the tax cuts would go to millionaires and billionaires, while an additional 20 percent would go to those making between $500,000 and $1 million. Mr. Speaker, less than 1 percent of my constituents make more than $200,000, so it would be irresponsible of me not to voice my concern for a bill that contradicts the interests of my constituents so blatantly.…
Source
govinfo.gov




