Cliff Stearns: “I thank the distinguished chairman. This bill, contrary to what the gentleman from Texas said, is an opportunity for him…”

“I thank the distinguished chairman. This bill, contrary to what the gentleman from Texas said, is an opportunity for him to vote to not let bureaucrats make the decision. He has a chance to do this. I'm a little surprised why he's saying he's against the bill. Of course, I think many of us are going to repeat the same arguments. The fundamental point is that this bill will save almost $50 billion over 10 years. How many people on this side don't want to save money? I think everybody on both sides of the aisle would like to save money. So this is stopping defensive medicine and untold amount of litigation by passing this bill. This could effectively create lower premiums for everybody and lower the cost of health care. This bill would eliminate, as pointed out even by the gentleman from Texas, the Independent Payment Advisory Board, given the colloquial name of IPAB. Just this morning, as chairman of the Oversight and Investigation Committee, we held a hearing on the President's failed health care law. It's clear that countless pages of regulation, rules, and requirements for ObamaCare have been incredibly confusing. When we had this hearing, it was brought up clearly that this bill, over 2 years old, has given almost 1,700 waivers to entities who cannot comply with this health care bill. So my constituents and individuals throughout this country view these massive new rules and regulations as increasing interference by the Federal Government into their lives.…”