[Congressional Record Volume 156, Number 60 (Tuesday, April 27, 2010)]
[House]
[Page H2894]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE NEW HEALTH CARE LAW IS A DISASTER
(Mr. FLEMING asked and was given permission to address the House for
1 minute.)
Mr. FLEMING. Mr. Speaker, the government takeover of health care just
celebrated its 1-month birthday, and we are already seeing the
disastrous effect it will have on our Nation's economy.
Since the beginning of this debate, U.S. employers have warned that
this bill would destroy American jobs and harm our fragile economy.
Over the past few weeks, we've seen the real-life impact these job-
killing tax hikes and health care costs are having on American
employers. From AT&T to Caterpillar to Lockheed Martin, we have seen
billions of dollars in losses to American companies which will result
in further job losses, higher prices, and less choice for the American
consumer. And to add insult to injury, actuaries at CMS working under
Secretary Sebelius now confirm what most Americans already knew: health
care costs will skyrocket as a result of this bill.
The long-term effects of this bill are still not fully fleshed out,
will be devastating to this country's economy, and are not worth the
time and effort that we have put into it. Let's move forward to repeal
this law.
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