Mr. SCALISE. Mr. Speaker, we just got yet another smoking gun in this latest report by the Obama administration on this government takeover of health care. And the report confirms what many of us said: the bill actually increases spending over $300 billion.
With all the new taxes on medical devices, drugs, and insurance, it's going to increase the cost of health care for American families and small businesses. Over $575 billion in cuts to Medicare, they point out, will actually lead to reduced services for Medicare recipients, and in fact 50 percent of all Medicare Advantage participants will lose that health care that they like.
The American people are asking us and continue to say, Why isn't Congress focusing on creating jobs? Well, we should be, but Speaker Pelosi and her liberal lieutenants just want more government takeovers and more Wall Street bailouts. They are now trying to push this permanent bailout fund of Wall Street, and the American people continue to ask: Where are the jobs? The tone-deaf liberals running this Congress just don't get it.