Jerry Moran: “I want to point out before I get to my prepared remarks that Leader Jeffries just said that we need to fix our broken…”

“I want to point out before I get to my prepared remarks that Leader Jeffries just said that we need to fix our broken healthcare system. It is a healthcare system put into place by the Democrats. It is a healthcare system extended by the Democrats. The proposal today will do nothing to extend anything but the failures of the past. It will not fix the broken system they put in place. Mr. Speaker, that is why I rise today in opposition to this Democratic discharge petition. It is fiscally irresponsible and fails to address the waste, fraud, and abuse of ObamaCare while ignoring the real problems in our healthcare system and ignoring the fact that these temporary COVID-era enhanced subsidies have done nothing but pad the profits of big insurance companies and drive up the very premiums that they purport to reduce. Mr. Speaker, let's look at the facts more closely. First, ObamaCare has yet to deliver on the promises made to Americans over a decade ago. Since the ACA was enacted, premiums have increased by roughly 80 percent. Guess what. Ninety percent of that increase has been paid for by the taxpayers. It is important to note that these premium tax credits are sent directly to insurance companies, not the taxpayers, and it is no secret why. The ACA was written by insurance companies to benefit insurance companies, and it has served to drive up the stock price for those insurance companies by more than 1,000 percent since the ACA came into existence.”