On the recordDecember 7, 2016
reserving the right to object, first, I say to my good friend from North Carolina, Mr. Tillis, I have been in the Senate for 6 years, so I have never used this procedure--never believed it, never thought I would have to, never thought anything would be so direly needed that I would even have to stand here and object to all the good things we both have worked on. I have so many good things on my side that I am not moving right now, and you have so many great things on your side that I would love to help you with. But, sir, if you were in my position--let me go a little bit further because I don't think maybe I made it. If you want to add insult to injury to what has happened to our retired miners and all the people dependent on their health care benefits, the $47 million that I told you they transferred--that is what they are going the pay for from the House, the VEBA--basically takes it from other bankrupt funds that were set aside. They are going to do that, and when all is said and done-- and it has even been scored that Medicaid and Medicare would save so much because now they are paying for it out of the miners health care fund, and they are not going to have to. But on top of that, from the $47 million they took, they are going to make $2 million profit returned back to the Treasury. They are going to take $2 million from money set aside to pay--that the bankruptcy courts put aside to pay miners because they will lose their health care by June.…
Source
govinfo.gov




