Political Quotes

On the recordMay 10, 2011
Mr. Speaker, the Patient Protection Affordable Care Act, billed as a health care bill, is actually a tax bill. It is riddled with fees and penalties that will drive up the cost of health care by imposing taxes on families and businesses. Included in the law was a tax increase on nonmedical expenditures from a health savings account. There has always been a 10 percent penalty, but now it jumps to 20 percent. In addition, beginning next year, employers who have 50 full-time employees for the previous calendar year must offer health coverage that meets the minimum essential benefit coverage requirement of the Secretary of Health and Human Services, and that coverage requirement is likely to cost $52 billion over the next 10 years, hardly the way to foster job creation in an economy that desperately needs jobs. The individual mandate starts out as a tax; then it is a penalty. Oh, now it's back to a tax again. The administration creatively changed its position when it realized that the mandate was indeed a tax, even though it violated the President's own pledge during the campaign not to raise taxes on middle class Americans to pass his signature health care legislation. The taxes in the health care law will affect everyone inevitably and cannot help but drive up the cost of health care in this country. ____________________

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