Political Quotes

On the recordJanuary 18, 2011
What is it now? Crush jobs. The fact of the matter is that the bill actually decreases the deficit by $230 billion, so you'd be increasing the deficit if you repealed the bill. And with regard to jobs, I mean, look, if you think about what's in the bill, because everybody gets coverage, you're going to have to have a lot more health professionals, so that creates jobs, because premiums will stabilize, employers won't have the double-digit inflation that comes and makes it harder for them to hire people. So just the fact that your premiums stabilize makes it easier for employers to hire people. And then we have all kinds of funding for research at labs and hospitals and institutions around the country; even the R&D creates jobs. It creates jobs is the bottom line. But I would really like to go back to where I started from, and, that is, most people just say to me, 'Why are the Republicans doing this? Let this bill kick in. Let us get to the point where everyone's covered. Let's see how it works.'
Said by
Frank Pallone
Democratic · New Jersey

Editor's note · Context

Pallone discusses the impact of a healthcare bill on jobs and the economy.

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