On the recordJanuary 17, 2017
Thank you, Mr. President. Under this President, Congress passed the most comprehensive overhaul of financial regulations since the Great Depression, protecting consumers and taxpayers. President Obama inherited a Federal budget hemorrhaging red ink. Under his watch, the budget deficit has fallen $1 trillion, despite record investments in education, green energy, broadband, high-speed rail, medical research, and other high-return priorities. He brought us the Affordable Care Act. I am not going to dwell on it because I spoke on it before when the other Senators were on the floor. There was a skit on ``Saturday Night Live'' last week that talked about, would the Republicans be happy if we banned the word ``ObamaCare''? Can we stick with the Affordable Care Act since it is helping so many people? Sometimes we think that is what this is all about: We have to get rid of it because it has his name on it. Well, we shouldn't. We should reflect on the good that it has done and make sure we do nothing less in the future. Health insurance costs are going down at the fastest rate in 50 years. Medicare gets an additional projected 10 years of solvency because of the Affordable Care Act. Numerous Republican Governors, including Vice President-Elect Mike Pence, have used Medicaid expansion of ObamaCare to reduce the uninsured in their States.…





