Lance Backs Reconciliation Package

Statement

Congressman Leonard Lance (NJ-07) today backed a budget tactic known as "reconciliation' to knock down ObamaCare's onerous tax provisions, set the stage for full replacement of the health law, lower the deficit and force the United States Senate to finally go on-the-record on numerous House bills that have been stymied by the filibuster.

"Reconciliation is our best chance to send meaningful legislation to the President's desk and to redirect Planned Parenthood funding, dismantle ObamaCare and keep our promise to the American people," Lance said to his colleagues on the floor of the U.S. House before the successful vote. "The provisions in this package finally end the ObamaCare slush fund, repeal the individual and employer mandates, repeal the 40 percent excise tax that forces people to accept difference insurance coverage from the coverage they knew and liked and repeal the medical device tax which increases the cost of care, discourages medical innovation and harms job creation, especially in my home state of New Jersey."

Reconciliation works like this: In the budget resolution passed by both chambers of Congress earlier this year, three House committees were given instructions for advancing reconciliation legislation. Specifically, each committee -- the Energy and Commerce Committee of which Lance is a member, as well as the Ways and Means Committee and Committee on Education and the Workforce -- must produce at least $1 billion in savings each. Each committee greatly exceeded those parameters. According to the Congressional Budget Office, the package reduces the deficit and provides for a one-year moratorium on all federal mandatory funding for Planned Parenthood while the investigations into that organization and their practices continue.

"This measure reduces the deficit by nearly $130 billion dollars," Lance added.

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