Political Quotes

William M. Thomas: “Mr. President, price controls produce shortages, black markets, and reduced quality. Your plan, the Clinton Plan, sets…”

On the recordMarch 16, 1994
Mr. President, price controls produce shortages, black markets, and reduced quality. Your plan, the Clinton Plan, sets the fees charged by doctors and hospitals, caps annual spending on health care, limits insurance premiums, and imposes price limitations on new and existing drugs. These controls will hurt people and they will damage the economy. We urge you to remove price controls in any form from your health care plan. You have 2 minutes to tell me why these 565 economists from 50 States are wrong.
Said by
William M. Thomas
California
Source
govinfo.gov

Editor's note · Context

Addressing concerns about President Clinton's health care plan and its proposed price controls.

Share

Share on XShare on FacebookEmail this quote

More from William M. Thomas

Feb 15, 2011

When you are looking for victims and villains rather than essential causes, it is easy to examine the same set of facts and arrive at diametrically different conclusions.

congress.gov
Feb 15, 2011

What can you do with a Commission that is created, and less than a month after it was created, the President offers his solutions and the Congress moves forward with their solutions?

congress.gov
Sep 17, 1999

These reforms are the kind of legislation we should see more of from the U.S. House of Representatives.

congress.gov
Oct 17, 2000

I want to join my friends and constituents in the community of Taft, California in celebrating Taft's 90th birthday.

congress.gov
View all William M. Thomas quotes

Other voices in this conversation