I come to the floor to discuss the recent report by the Congressional Budget Office, the CBO, which contains updated estimates of the insurance coverage provisions of the Affordable Care Act, also known as ObamaCare. It was just on Sunday the President told Bill O'Reilly of Fox News-- in front of all America on Super Bowl Sunday--that his health care bill is working. Today, the Congressional Budget Office has changed that tune. We learned from the report that ObamaCare will now cost us $2 trillion. People may recall President Obama told the country his bill would cost less than $1 trillion. We also learned that we are expected to lose--expected to lose--2.5 million full-time jobs over the next 10 years. Finally, the CBO says exchange subsidies under the ACA will reduce incentives to work. Let me go over that again. President Obama told the country his bill would cost less than $1 trillion. Now the CBO says it will be $2 trillion. We are expected to lose 2.5 million full-time jobs over next 10 years. Finally, CBO says exchange subsidies under the ACA will reduce incentives to work. If this is working, what does ``broken'' mean to this President? As I am reading this report and accompanying reaction, the most recent updates sound hauntingly familiar. In fact, I believe this is something that I and my colleagues spoke about every day during the debate on health care reform.…
Kevin Roberts: “I come to the floor to discuss the recent report by the Congressional Budget Office, the CBO, which contains updated…”
Share
More from Kevin Roberts
if we had not done this, it would have resulted in delays in the 2018 farm bill programs--the one that we passed here with 87 votes--and the ability farmers would have with the risk management tools. I would just simply point out that no…
tomorrow, on this floor, the Senate will reconvene again as a court to vote on two Articles of Impeachment against President Trump. Now, after performing my due diligence, along with many others, and considering all assertions by the House…
I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There appears to be a sufficient second. The clerk will call the roll. The bill clerk proceeded to call the roll. The result was announced--yeas 55, nays 45…