On the recordMay 4, 2011
Given that some have raised the specter of a Federal taxpayer bailout to cover the unfunded liabilities of these State and local plans, it is important for the Subcommittee to review this issue...
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congress.govGiven that some have raised the specter of a Federal taxpayer bailout to cover the unfunded liabilities of these State and local plans, it is important for the Subcommittee to review this issue...
Boustany stresses the importance of reviewing potential Federal bailouts for pension liabilities.
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The trend lines in all these areas are very disturbing, in my mind, as a physician who has been around health care for quite a long time.
We are seeing the costs going up. And of course what the President is proposing is higher taxpayer liability.
This is an absolutely essential amendment because we need more transparency about methods and how these assumptions are built into what they are proposing. Mr. Chairman, I yield 2 minutes to the gentleman from Georgia (Mr. Loudermilk).
Less choice, less information, less control. This is disastrous for health care.