On the recordJuly 28, 2015
I thank the gentleman for yielding. Before I get into my prepared remarks, I have to respond to my good friend from Georgia's comments about the Affordable Care Act, which many have come to start referring to as the ``Unaffordable Care Act'' or ``ObamaCare,'' as most people refer to it. There certainly was a need to help some of those folks who didn't have insurance, and there were ways of doing that. By passage of this legislation, we have adversely, negatively impacted, I think, far more Americans than we have helped. We have seen Americans' rates go up, deductibles go up, premiums go up, and they are getting less quality health care for that. So it has been a disaster for many Americans, and a lot of it is still unfolding. And then, on Dodd-Frank, which the gentleman also mentioned, what we have seen as a result of that--and I happen to be the chair of the Small Business Committee, as was mentioned--one of small businesses' greatest challenges is access to capital, getting money so that they can grow or start a business or grow an existing business and create more jobs. Because of Dodd-Frank, we got a whole new army of bureaucrats looking over the shoulders of banks--and the smaller banks, too, like community banks, who had nothing to do with this so-called economic meltdown. Bureaucrats are looking over the shoulders of credit unions, making it tougher for them to make loans to small businesses.…





