I had an amendment that actually said that the repeal would not go into effect if it actually negatively impacted solvency. It actually is 12 years. In other words, the bill, the health care reform, added 12 years of solvency to the Medicare trust fund. In other words, with the repeal, insolvency would begin in 2017. So this pushes that day of reckoning back, when there is not enough money to pay out, another 12 years.
Pallone discusses the impact of health care reform on the Medicare trust fund's solvency.
Share
More from Frank Pallone
Naming the nation’s traumatic brain injury program in Bill Pascrell’s honor is a meaningful tribute to my dear friend, who believed people living with traumatic brain injuries deserved a voice in the Congress.
New Jersey communities were buried under record snowfall. But apparently if you live in a state Trump doesn’t like, you’re on your own.
This tragedy was entirely preventable, but this Administration’s cruelty ensures it will be repeated if immediate steps aren’t taken to strip GEO Group of its billion-dollar contract and shutter Delaney Hall.
My colleagues and I warned Trump and DHS this would happen, and now a 39-year-old father has died because they refused to listen. There must be an immediate investigation.
Other voices in this conversation
