On the recordFebruary 27, 2014
Mr. President, I appreciate my colleagues--Senator Warren, Senator Schumer, and Senator Murray--joining us on the floor today. I think we will be joined by Senator Stabenow in a few moments. I also appreciate that they were at an event we did yesterday in which we were kicking off the Affordable Care Works Campaign. The campaign is designed to tell what has been untold for much of the last 6 months, which is the increasing good news about the millions of Americans for which the Affordable Care Act is working and, indeed for many of them, changing their lives. An announcement was made this week that 4 million Americans have now signed up for the private health care exchanges. There are now over 10 million Americans all across the country who now have insurance today that didn't have it prior to the passage of the law either because of these private exchanges or increased eligibility of Medicaid or the law's provision that young men and women under the age of 26 can stay on their parents' insurance. Over 10 million people all across the country now have access to insurance that they didn't have before we passed this law. As Senator Schumer said, there is even more good news because we now know that the second promise of the act, that it was going to reduce the deficit, is true as well. CBO tells us that from the 10-year period covering the enactment of the law to a decade later, we are going to save about $1.2 trillion beyond what we initially estimated.…
Source
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