On the recordJuly 27, 2017
Well, to respond, Mr. President, to my colleague from Oregon, one of the things we have seen in the first half year of this administration is, whatever job report comes out month to month--comes out at the beginning of each month, we are not seeing wage growth. We are not seeing wage growth. So imagine that continuing forward-- essentially no wage growth and 20 percent increases in premiums that then compound to 40 percent next year, 60 percent the year after that. This will be devastating. So if you put together the CBO consequences--16 million losing insurance, the 20 percent compounding increases in premiums, a likely dramatic destabilization of the insurance market, and then other features that we hear are in the skinny bill--for example, if you take funding away from Planned Parenthood--and 3 million women have decided that is their choice, that is where they are going to get healthcare, including many working women and women in working-class families--the premium effect is going to be absolutely dramatic, and it will be devastating to Virginians and Oregonians. With that, Mr. President, I yield the floor. The PRESIDING OFFICER. The Senator from Connecticut.





