So we know it's the middle-income who will end up paying this. Second point: we repealed the President's failed health care program, the one that we now understand is going to cost almost $2 trillion, the one that now the Congressional Budget Office tells us will cost almost 2 million jobs, and the one that creates the Independent Payment Advisory Board, as the chairman has said, that includes 15 unelected, unaccountable bureaucrats who will begin making health care decisions for our seniors, like my 79-year-old mother, my 83-year-old father. You know, if one of them needs a hip replacement, if one of them needs a heart bypass, I want that decision to be made between them and their doctor, not the 15 unelected, unaccountable bureaucrats who have one, and only one, purpose, and that is to impose price controls and ration the quality and access to health care for our seniors. You know, I hear the buzz line, but it seems to me that ends Medicare as we know it. Looting $500 billion out of Medicare to pay for the President's health care, that seems to end Medicare as we know it. Putting a global price cap, that seems to end Medicare as we know it. And most of all--since we've heard from the trustees of the Medicare and Social Security trust fund that it's going broke--allowing it to go broke, which our friends on the other side of the aisle do, seems to me to be ending Medicare as we know it. Our budget will end the road to bankruptcy by controlling spending.…
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More from Jeb Hensarling
Mr. Speaker, I yield 1 minute to the gentleman from North Carolina (Mr. Budd), the lead sponsor of one of the provisions in the bill, H.R. 3903, the Encouraging Public Offerings Act.
Mr. Speaker, I yield 30 seconds to the gentleman from Kentucky (Mr. Barr), who is the chairman of our Monetary Policy and Trade Subcommittee.
Mr. Speaker, I yield 1 minute to the gentlewoman from Missouri (Mrs. Wagner), the chair of our Oversight and Investigations Subcommittee, also the lead sponsor of an important provision in this package of bills, H.R. 5970, the Modernizing…
Mr. Speaker, I yield 2 minutes to the gentleman from Michigan (Mr. Huizenga), who is the chairman of our Capital Markets, Securities, and Investments Subcommittee.





