Repeal And Replace Obamacare
(Mr. GINGREY of Georgia asked and was given permission to address the House for 1 minute.)
Mr. GINGREY of Georgia. Mr. Speaker, last week, the Centers for Medicare & Medicaid released a new analysis of ObamaCare that confirmed what Republicans have been saying all along: our Nation's health care costs will increase under ObamaCare, and this bill will hurt health care for seniors.
Mr. Speaker, a few simple facts:
First, under ObamaCare, our national health care expenditures will increase by $311 billion in the first 10 years. Second, health care will increase to 21 percent of GDP by 2019. Third, the government will spend $410 billion to expand Medicaid under ObamaCare. And, fourth, more than 7 million seniors will be forced off of their current Medicare coverage, including 50 percent of those who are currently on Medicare Advantage.
Speaker Pelosi, this is not the reform you promised; this is not the reform the country needs. That is why I will be fighting to repeal and replace this legislation with real reforms that lower costs and improve coverage and care without bankrupting our country.