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Public Statements

Health Care Costs Reduction Act of 2012

Floor Speech

Location: Washington, DC


Mr. PAULSEN. Mr. Speaker, this motion is nothing more than a distraction from the real issue, and that is stopping a massive, job-killing tax increase from taking place on the medical device industry. The legislation before us today is a bipartisan initiative to repeal that tax and make health care more affordable for all Americans.

House Republicans want to reduce health care costs and make coverage more affordable for families who are struggling. Democrats clearly rammed through a one-size-fits-all health care law that has made health care more expensive, and now they're back at it again attempting to thwart efforts to bring down health care costs.

This is about saving American jobs. This industry is one of America's best success stories that accounts for about 423,000 jobs across the country. It's made up of America's best innovators, entrepreneurs, engineers, doctors, and risk-takers who are improving and saving lives. This will all change, Mr. Speaker, unless we stop this tax, a $29 billion tax in just a little over 6 months that will cost this industry over tens of thousands of jobs, according to studies.

There's also two other important provisions that are in this legislation, Mr. Speaker. First of all, Congresswoman Jenkins' legislation that ensures that all families with an FSA or an HSA account can use their own health care dollars for their own health care needs for simple, over-the-counter medications without having to go to a doctor for a prescription. And we've also got Congressman Boustany's legislation, which will allow flexible spending account participants to withdraw their own unused, hard-earned dollars at the end of the year.

Mr. Speaker, this legislation has 240 coauthors. It's bipartisanly supported. I urge rejection of the motion to recommit and support of the underlying legislation.

I yield back the balance of my time.


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