Restoring Americans' Healthcare Freedom Reconciliation Act of 2015

Floor Speech

Date: Dec. 3, 2015
Location: Washington, D.C

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Mr. COATS. Mr. President, similarly, as Mr. Cardin has said, what this does is to continue something that was put into the Affordable Care Act, a rise between 7.5 percent of adjusted gross income before you can begin deducting to 10 percent of adjusted gross income before you can deduct. For seniors, an exemption was provided so that seniors could stay at the 7.5 percent level. This expires next year. My amendment essentially extends this for 7 years. It is to the benefit of seniors to do this. For those seniors who find excessive medical expenses facing them, this is something that was supported, obviously, by everyone across the aisle in the Affordable Care Act, and I am extending this for an additional 7 years with this amendment.

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