Devin Nunes: “I will close, and I yield myself such time as I may consume. The need for this bill wasn't conceived by opponents of the…”

“I will close, and I yield myself such time as I may consume. The need for this bill wasn't conceived by opponents of the Affordable Care Act or ObamaCare. The Obama administration and the army of regulators acknowledged there is a problem and have come to the Congress to fix it. Treasury, HHS, and Labor have all accepted the fact that expat plans should not be regulated the same way domestic plans are regulated. After 4 years of examining this issue, as I said earlier, the administration issued limited and temporary regulatory relief for expat plans. This bill is necessary because despite the administration's limited and temporary fixes, thousands of jobs are on the chopping block. American businesses can't compete based on the promise of limited and temporary relief. Mr. Speaker, I want to also remind my colleagues that Mr. Carney and I have worked on this for many years, and we have worked not only in a bipartisan way in the House of Representatives, we have also worked with our Senate counterparts where we have bipartisan support in the United States Senate. So, the Obama administration has said they have concerns, but we don't know what the concerns are and they did not issue a veto threat. So I think that more level heads will prevail. This bill will pass today. It will go to the Senate, it will pass, and I would urge, then, President Obama to sign it into law so that we can save these jobs. With that, Mr. Speaker, I yield back the balance of my time. Mr.…”