|00:00:00||INCREASING TO 21% OF G.|
|00:00:01||D.P. BY 2019.|
|00:00:03||THEY TOLD US IF YOU LIKE YOUR PLAN YOU CAN KEEP IT.|
|00:00:06||WELL, NOW THEY ADMIT THAT SENIORS ON MEDICARE ADVANTAGE COULD LOSE THEIR PLANS.|
|00:00:10||COMPANIES THAT OFFER HEALTH PLANS TO THEIR EMPLOYEES, RETIREES, ARE CONSIDERING DROPPING THEM.|
|00:00:19||THEY SAY IT'S GOOD FOR THE ECONOMY.|
|00:00:21||NOW THEY SAY EMPLOYERS WERE CORRECT BY DOWNGRADING BY BILLIONS OF DOLLARS THAT WILL COME OUT OF EMPLOYEE'S WAGES AND BENEFITS.|
|00:00:28||THIS ISSUE IS NOT GOING AWAY.|
|00:00:30||IT WILL CONTINUE TO PLAGUE THOSE RESPONSIBLE UNTIL THEY REPLACE IT OR UNTIL THEY THEMSELVES ARE REPLACED.|
|00:00:37||I YIELD BACK.|
|00:00:38||THE SPEAKER PRO TEMPORE: THE GENTLEMAN YIELDS BACK.|
|00:00:41||FOR WHAT PURPOSE DOES THE GENTLELADY FROM TEXAS RISE?|
|00:00:45||JACKSON LEE: TO ADDRESS THE HOUSE FOR ONE MINUTE AND I ASK UNANIMOUS CONSENT.|
|00:00:47||THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION.|
|00:00:50||JACKSON LEE: THANK YOU, MR.|
|00:00:51||SPEAKER. THE REPUBLICANS ALWAYS WANT TO TALK ABOUT DISTRACTIONS, BUT I BELIEVE THE AMERICAN PEOPLE ARE WAITING FOR THE HEALTH CARE REFORM BILL TO BE IMPLEMENTED AND THAT IT WILL AND IT WILL SAVE|
Mr. McCLINTOCK. Mr. Speaker, during the recent health debate, the Speaker ominously said, We have to pass the bill so you can find out what is in it. Well, they passed the bill, and now we're finding out what's in it.
They told us it would keep costs down. Well, now they admit health costs will soar $311 billion, increasing to 21 percent of GDP by 2019.
They told us, If you like your plan, you can keep it. Well, now they admit that seniors on Medicare Advantage could lose their plans. Companies that offer health plans to their employees and retirees are now considering dropping them.
They told us it would be good for the economy. Now they admit employers were correct to downgrade their earnings by billions of dollars that ultimately will come out of employees' wages and benefits.
This issue is not going away. It will continue to plague those responsible until they replace it or until they themselves are replaced. END