Well, Senator Johnson has been talking about this issue for some time, and it looks as though reports are coming along to validate his concerns. But the administration estimated that only 1 million would go into the exchanges, and these…
Pete Sessions
The Public Record
Pete Sessions is an American politician who served as a member of the United States House of Representatives, representing Texas's 32nd congressional district from 2013 to 2021. A member of the Republican Party, he previously held office in the House from 1997 to 2005, representing Texas's 5th congressional district. During his time in Congress, Sessions focused on various issues including veterans' affairs and fiscal responsibility. He has been involved in efforts to support veterans and their families, highlighting the importance of organizations like the Veterans of Foreign Wars (VFW).
Now, for example, $400 billion a year over a 10-year window would be $4 trillion. If the Budget Control Act that we worked on so hard last summer, which the President is already undermining, were to take place, it would only reduce…
And it is not baked into the numbers now. We are not assuming it is going to be $4 trillion or $5 trillion more under Obamacare, we are assuming only 1, I guess.
Well, is it too late? Is this a fait accompli, this health care law that was passed? Can we not reverse it or is it, in the Senator's opinion, practical at this point for us to pull back from this path?
Well, a $111 billion error is a big deal. You think about it. We brought in $2,200 billion, and this is $100 billion--about 5 percent of the entire estimated revenue we had in the government last year. To miss that on one part of one bill…
So you are an employer. You have employees, and you have been helping them, you have been providing health coverage, and you realize, well, I can cancel my employer contributions, let the employee go to the exchanges, and they will be…
Where is the money coming from that will provide the extra money they will need to get full coverage?
What about a new business--some small business starts up, and they are thinking about whether they are going to provide health care for their employees, and they have the option of the exchanges. Do you think a new business would be even…
I had a number of people in a meeting I was at explain the realities of it. They told us the whole fear of regulation and the health care bill and the revenue that is going to be extracted from them to pay for it would result in lesser…
I will add one more thought to the costs, and I have looked at this very carefully. On December 23, the night before the bill passed, I got a letter back from the Director of the Congressional Budget Office, who also had stated it would…
We have to know that. We have a responsibility, as representatives of the people, to understand are we talking about another $100 billion in cost over just 1 year's time that we weren't expecting. I believe the Budget Committee is a good…
I yield the floor and I suggest the absence of a quorum. The PRESIDING OFFICER (Mr. Blumenthal). The clerk will call the roll. The assistant legislative clerk proceeded to call the roll.





