Political Quotes

On the recordFebruary 1, 2012
I come to the floor, as I do week after week, as a physician who practiced medicine in Wyoming for a quarter of a century to give a doctor's second opinion about the health care law. I was thinking last week, while sitting in the House Chamber when the President was giving his State of the Union Address, about something he said. He said: We will not go back to an economy weakened by outsourcing, bad debt, and phony financial profits. Repeating, he promised not to go back to an economy weakened by phony financial profits. That is why today, in the next hour or so, the House of Representatives will answer the President's call. They will agree. They will vote to repeal the CLASS Act--a program that is the perfect example of phony financial profits. Let me explain further. President Obama's health care law established the CLASS Act--a brandnew Federal long-term care entitlement program. CLASS pays a stipend to individuals enrolled when they are unable to perform daily living activities, such as dressing, bathing, and eating. The issue is that to qualify for the CLASS benefit, an individual would have to pay a monthly premium for 5 years before the Federal Government starts to pay out any benefits. Well, that sounds great, but not so fast. It turns out that the math for the program doesn't add up and it will not work.…
Said by
John Barrasso
Republican · Wyoming
Source
govinfo.gov
Feb 1, 2012

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