Political Quotes

“Mr. Speaker, I rise today to express my concern with the recently released analysis done by CMS of the health care bill that confirms that our Nation's health care costs will increase rather than decrease as the President has pledged to the Nation. The CMS analysis concluded that the national health care expenditure will actually increase by $311 billion. At a time when our employment rate is continuing to rise, how are American families supposed to pay these increased costs? The latest figures show that the Ohio unemployment rate is 11.5 percent, and in some parts of my district it is 14 percent. My constituents are continuing to ask, where are the jobs? In addition, the small businesses in my district are asking how they're supposed to pay the new mandates being placed on them under this bill. The CMS analysis also shows that the recently passed health care bill will increase health care costs to 21 percent of the GDP by 2019. In addition to this increased spending in health care, the Congressional Budget Office has stated that under current spending levels, by 2020 American taxpayers will be paying $2 billion a day in interest alone on the national debt. It also estimates that the debt will be $20 trillion by that year. Our Nation's economic future requires that this administration and Congress exercise serious fiscal constraint and stop excessive spending. ____________________”