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Repealing the Job-Killing Health Care Law Act

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. LANCE. Mr. Speaker, I rise today in support of H.R. 2, an important first step toward implementing sustainable health care reform that our Nation can afford.

The health care law passed last year includes sleights of hand to mask the true cost of the measure. For example, 6 years of entitlements and subsidies are paid by 10 years of taxes, and premiums are collected for the first 10 years for a long-term care program with no benefits during that period.

Douglas Holtz-Eakin said it best when he wrote in today's Wall Street Journal that the health care law is ``all about budget gimmicks, deceptive accounting, and implausible assumptions used to create the false impression of fiscal discipline.''

Failure to repeal the health care law will add an additional $700 billion to our national deficit in the next 10 years. However, we can work together in a bipartisan capacity to enact commonsense health care solutions that lower health care costs without raising taxes or adding to our national debt.

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