On the recordNovember 20, 2025
I rise to address the skyrocketing costs of healthcare. When President Obama signed the Affordable Care Act, he promised affordable coverage for all. Mr. Speaker, 15 years and billions of dollars later, all we have gotten are higher costs and less coverage. Basic economics tells us that when government subsidizes the price consumers pay, demand surges, and prices soar. We have seen this movie before. Since Federal student loans began, college tuition has risen four and a half times faster than inflation. When Democrats passed the Inflation Reduction Act and spent $1.8 trillion on subsidies for all kinds of things, inflation hit a 40-year high. It is clear that pouring taxpayer money into a broken system will only drive prices higher. As we debate healthcare costs, the solution is not spending more. It is time for real market-driven reforms with choice and competition.
Source
govinfo.gov
