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Price Statement on Latest CBO Score of the President's Health Care Law

Statement

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Date:
Location: Washington, DC

House Republican Policy Committee Chairman Tom Price, M.D. (R-GA) issued the following statement after the Congressional Budget Office (CBO) released an updated cost estimate of the president's health care law in the wake of the Supreme Court's ruling. The gross cost of the bill is estimated at $1.683 trillion over 2012-2022 with 3 million fewer Americans receiving health care coverage.

"The latest score from the Congressional Budget Office shows that the president's health care law remains a dramatic and expensive expansion of Washington control over the American people's health care." said Chairman Price. "However, the nearly $1.7 trillion price tag and the taxes that will be imposed on individuals and businesses are only one part of the cost of this law. What cannot be fully expressed in a CBO score is how the American people, under the president's plan, will lose access to affordable, quality health care choices. This law will have a disastrous effect on innovation in our health care system and the ability of physicians to be responsive to the full needs of their patients. Just as it was when the Supreme Court ruled, what was bad policy yesterday is bad policy today. And so House Republicans remain committed to pursuing a positive, patient-centered approach to health care reform that can get more Americans covered, expand choices, lower costs, and, above all, ensure that patients, families, and doctors are the ones making medical decisions, not Washington."

Chairman Price is the author of the Empowering Patients First Act (H.R. 3000) -- a patient-centered approach to solving the challenges in America's health care system.


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