On the recordJuly 10, 2012
I appreciate the gentlewoman from New York not only for her indulgence of this issue the past few days but also for her professional nature today. Mr. Speaker, we're on the floor because the health care bill that the President and House Democrats and Senate Democrats supported costs twice as much 1 year later as was guesstimated the year before. The United States is suffering economically, people are suffering economically, and we are losing our competitiveness with the world. We are here because the biggest driver of what I would consider to be not just lack of jobs in this country but also continued uncertainty for the business community. Someone called them corporations. They're really employers. Employers across this country are saying to Members of Congress not just in sworn testimony but in media after media, newspaper after newspaper, that it is uncertainty related to the health care bill that is causing them not to move forward on their plans to grow their business. We are here today because we need to make sure that we also understand the cost--the cost that is twice as much in 1 year as was guesstimated to be in the year before. This cost in doubling, this would mean that this body either needs to come up with a way to pay for it, which would mean, following the Democrats' proposal, instead of taking $500 billion out of Medicare, we would take $1 trillion out of Medicare. Instead of raising taxes $570 billion, we would have to raise taxes $1 trillion.…
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