Kevin Kiley: “I rise today to urge prompt action on a matter that could make life a lot more difficult for millions and millions of…”

“I rise today to urge prompt action on a matter that could make life a lot more difficult for millions and millions of people in this country, and that is the expiration of tax credits that could lead to a massive increase in healthcare costs. We are talking about 22 million Americans who will be directly affected, some of them seeing thousands and thousands of dollars in increases in their healthcare costs. That is something that a lot of these folks simply cannot afford. Mr. Speaker, that is the reality of what will happen if Congress does nothing and if Congress fails to act. Since that is not acceptable to me--and I know it is not acceptable to a lot of Members on both sides of the aisle--I have introduced bipartisan legislation with Sam Liccardo called the Fix It Act, which will stop this cliff from occurring and will spare these Americans this massive increase in healthcare costs. Here is what it does: It extends these tax credits for a temporary period of time, for 2 years. That will give us the runway that we need to work on a broader solution to the healthcare affordability crisis in America without forcing millions of Americans to pay the price in the meantime. Mr. Speaker, importantly, our bill not only provides this temporary extension, but it also includes reforms that pay for themselves. In other words, the savings that we get through our reforms are actually greater than the cost of the extension itself.”