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Public Statements

Service Members Home Ownership Tax Act Of 2009

Floor Speech

By:
Date:
Location: Washington, DC

Service Members Home Ownership Tax Act Of 2009

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Mr. COBURN. Mr. President, I am going to ask to have printed in the Record a letter dated December 1, 2009, from the insurance commissioner of the State of Oklahoma--she happens to be of your party, the majority's party--outlining the significant problems that she sees for our State if this bill becomes law. This is not a partisan document. This is a document that relates to what is going to happen to Oklahoma.

If I might summarize, very shortly: It will increase premium costs and increase the number of uninsured people in Oklahoma. That is according to our State insurance commissioner, who is of your party. It will decrease the amount of availability of insurance to people who do not have insurance today.

The letter states it will not rein in the cost. In fact, it will increase costs for everybody else in the State of Oklahoma. It will drive up costs and increase the number of uninsured. It will increase the costs for the private plans, negatively impacting medical providers and the health delivery system in Oklahoma, and it will encourage fewer businesses in Oklahoma to offer benefits.

That is a fairly strong indictment from somebody who cares about the people of Oklahoma and what is going to happen in health care.

Mr. President, I ask unanimous consent to have printed in the Record this letter from the State insurance commissioner of Oklahoma.

There being no objection, the material was ordered to be printed in the RECORD

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