Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise today in support of H.R. 766, the Dr. Michael C. Burgess Preventive Health Savings Act. This pivotal piece of legislation seeks to establish a mechanism for the Congressional Budget Office to more accurately reflect the long- term, cost-saving potential of preventive healthcare initiatives. This bipartisan, bicameral effort underscores our commitment to promoting the health and well-being of all Americans. We encourage the use of data-informed preventive health measures, and we are taking proactive steps toward not only saving lives, but also saving taxpayer dollars in the long run. Chronic illnesses account for over 70 percent of all our healthcare spending, and they continue to pose a significant burden on our system and our economy. However, by enacting measures like H.R. 766, we can begin to bend the cost curve and provide a more accurate understanding of the long-term cost savings from preventive healthcare policies. H.R. 766 specifically allows the Congressional Budget Office, upon the instruction of Congress, to extend its analysis beyond the existing 10-year budget window to two additional 10-year periods. This provision will enable us to conduct a fuller analysis of the potential budgetary savings and the impact of preventive health legislation, ensuring that we make informed decisions based on sound evidence and data. Moreover, the Dr. Michael C.…
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