On the recordJanuary 13, 2017
I advise my friend from Massachusetts I do not have any further speakers and would be happy to close when he is prepared. Mr. McGOVERN. Mr. Speaker, I yield 30 seconds to the gentlewoman from Connecticut (Ms. DeLauro). Ms. DeLAURO. A report by Families U.S.A. said that repeal of the Affordable Care Act equals a huge tax cut for the wealthy. What people don't know, and the public doesn't know at the moment, is that this will hand over to wealthy and major corporations new tax breaks worth nearly $600 million--more than a half-trillion dollars over 10 years, $345.8 billion over 10 years in tax cuts for people whose incomes are over a specified threshold; $200,000 for single individuals; and $250,000 for families. There are $274.4 billion over 10 years going to health insurance companies, drug manufacturers, and other large healthcare corporations. That is what repeal of the Affordable Care Act does. My colleagues need to face up to that, and the public needs to know it. Mr. McGOVERN. Mr. Speaker, I yield myself the balance of my time. Mr. Speaker, I include in the Record a letter from the American Medical Association, a letter from 120 interfaith groups, a letter from the Consumers Union, a letter from the Massachusetts Health & Hospital Association, a letter from a number of labor organizations in my home State of Massachusetts, and a letter from UMassMemorial Community Healthlink, which is a provider of comprehensive health care in my district.…
