Political Quotes

“I thank the gentlelady for yielding. Madam Speaker, I rise today in strong opposition to H.R. 2. We know that if we repeal this law, we know the following things will happen: Children with preexisting conditions will be denied coverage; adult children under the age of 26 will be denied coverage under their parents' policy; seniors will pay more for their prescription drugs; and small businesses will once again go back to paying nearly 20 percent more than their corporate counterparts for providing the same health care coverage; small businesses would lose the incentive for providing coverage to their employees and an up to 50 percent tax credit which has already increased coverage at small firms by more than 10 percent. They would lose the ability to grow their businesses and create jobs by using that tax credit to hire additional employees. This law establishes consumer protections, incentivizes wellness programs, and establishes cost controls and cost-cutting exchanges. For small businesses, that means driving down the cost of providing health insurance and providing assistance for small businesses that are struggling with skyrocketing premiums. Currently, small businesses pay, on average, 18 percent more than large businesses for the same coverage, and health insurance premiums have gone up three times faster than wages in the past 10 years. The SPEAKER pro tempore. The time of the gentleman has expired.”