John Cornyn: “I say to my friend from Florida that I think there has been a lot of false advertising and scaremongering taking place…”

“I say to my friend from Florida that I think there has been a lot of false advertising and scaremongering taking place around the country in trying to convince people that, somehow, they are going to lose their coverage, which is not the case. We believe we can do better than ObamaCare, which has created a one- size-fits-all healthcare package and has basically denied people the right to choose the kind of coverage that suits them best at a price they can afford. In Texas alone, a person making about $25,000 a year could spend up to 30 percent of his gross income under ObamaCare. That is a young person, and it is no surprise that many of them have opted out of ObamaCare and simply decided either to pay the penalty or to just become noncompliant because it is unaffordable. I am sympathetic, certainly, to the genuine concerns of anybody in one's getting appropriate healthcare coverage, but I sure hope people do not succumb to the scaremongering taking place in parts of the country that tells people they are going to be left high and dry. For example, my friend and colleague said that Medicare was going to be gutted under the House bill. That is not true. Right now, Medicaid is an uncapped entitlement. It is one of the fastest growing sources of Federal Government spending. The bill in the House proposes not to cut it but to restrain its rate of growth. Right now, it is the third largest budget item in the Texas budget.…”