Joseph Pitts actually said...

"The Federal requirements on benefit coverage and cost sharing are two of the most basic and critical pieces of information needed for States to implement an exchange."

"We worry about the jurisdictional creep that has been going on where you seek to grab as much regulatory territory as possible."

"Our medical innovation system is in jeopardy. Investment in life science area is declining at an alarming rate because of the escalating cost, time and risk of developing new drugs and devices."

"Frankly, we don't have 20 years or even 6 months to wait for FDA to fix the problems."