[Congressional Record Volume 157, Number 160 (Monday, October 24, 2011)]
[House]
[Page H6989]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CLASS ACT
(Mr. BURGESS asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. BURGESS. Mr. Speaker, last week, Secretary of Health and Human
Services Kathleen Sebelius announced that despite her Department's best
efforts, what is known as the CLASS Act is not fiscally viable and will
not be implemented.
The CLASS Act would have created a long-term care insurance option
for employees. But you know what? It had been called a Ponzi scheme of
the first order. Not my words, not even my Governor's words. Those are
the words of Senator Kent Conrad, the Democratic chairman of the Senate
Budget Committee.
Mr. Speaker, this is just another example of bad policy that was
caused by the rushed approach to create and pass the Patient Protection
and Affordable Care Act. Instead of focusing on reducing the price of
long-term care insurance, the CLASS Act would have cost the taxpayers
more money for the creation of yet another Federal program.
Now, incredibly, the CLASS Act is being abandoned by the Department
of Health and Human Services, but the President refuses to let it go.
We'll have a hearing on this in my committee later this week, Energy
and Commerce.
But, Mr. Speaker, we can and we must do better. We need to repeal
this health care law and replace it with commonsense market-based
solutions that enhance our medical system, put the patient at the
center of care, and drive down the cost of health care.
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