Thomas E. Petri: “I hope that it will be the basis for setting a global standard which others could benefit from.”

I encourage all Members to support this bill, and I yield back the balance of my time.

I applaud the administration and I applaud the other members of this committee who say, let's take a look at some other sources of revenue, including general revenues.

I urge my colleagues to join me in supporting this legislation, and I yield back the balance of my time.

While most normal businesses would raise their prices in the face of rising costs, unfortunately these providers are in the unique position of only having one customer--the Medicaid program.