[Congressional Record Volume 159, Number 146 (Tuesday, October 15, 2013)]
[House]
[Pages H6596-H6597]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEFICIT SPENDING AND THE AFFORDABLE CARE ACT
The SPEAKER pro tempore. The Chair recognizes the gentlewoman from
Tennessee (Mrs. Blackburn) for 5 minutes.
Mrs. BLACKBURN. Mr. Speaker, I appreciate being recognized for the
time, and I appreciate the recognition that this Chamber and my
colleagues are putting on the issues before us.
As we look at Federal spending, what we have to do is say: What is
causing us to be in a position where we are borrowing $2 billion a day?
And if we are borrowing $2 billion a day, we have to ask: Is that a
sustainable practice and something that we as a Nation can continue? Of
course the answer to that is, no, it is not sustainable. Therefore, we
have to look at what is causing us to spend more money than we are
taking in, and one of the things that is at the top of that list that
is too expensive to afford is the ObamaCare program, the Affordable
Care Act.
What I would like to do today is focus my comments on what we are
seeing from the Affordable Care Act and what has happened with the cost
of this program and why it has become too expensive to afford and why
we have to talk about it and focus on it and put it on the table as we
talk about what our Nation spends.
Now, we all remember supposedly ObamaCare, the Affordable Care Act,
was going to be a $900 billion program, roughly, that was to give
access to affordable health insurance for those who didn't have access
to health insurance, but let's look at what has happened.
This was the estimate: under a trillion dollars, $900 billion, when
the program was passed. But, oh, remember, we had to pass it in order
to read it to find out what was in it. After we read it the first time,
$1.4 trillion. My source on this is the Congressional Budget Office,
the CBO. Every time it has been reviewed, with some of the nearly
13,000 pages of rules and regulations, guess what has happened? The
cost estimate has gone up. Now ObamaCare is a $2.6 trillion program. So
what we are looking at is a near tripling in cost before the program
goes into effect. This is why we continue to say, as we look at fiscal
health, fiscal restraint, you have to look at what is happening with
the cost projections on ObamaCare.
Now, for those of us from my State of Tennessee, this is something
that is not new to us. We had the test case for HillaryCare in our
State. It is called TennCare. What happened with the TennCare program
was it ended up quadrupling in cost in a period of 5 years.
Now, this causes us a little bit of concern because we look at what
has happened with the cost of government-managed and -delivered health
care services. Well, let's take a look at Medicare and where it was
supposed to be in 1968 and then what has happened with its costs. You
can look at these lines, the red line.
These are on my Web site for our colleagues that would like to go and
look at the Web site.
You can see what happened in 1968, and the red line shows where it
has grown to today. For something that was to end up being about $12
billion a year, we are now spending over $400 billion a year on. You
can see what were to be the projections here on this bottom line, and
you see how far it has exceeded its projections. So because of this, we
are quite concerned with the growth and the projections of growth for
ObamaCare.
Look at the track record of government spending. Do programs
generally come in below their estimates? No. They generally exceed
those estimates. So we continue to be very concerned about what will
happen with the cost of ObamaCare and the impact this is going to have
on our $3.5-trillion-a-year budget, and we continue to say: We have to
review this; it is too expensive to afford; and does it fit into what
the American taxpayer is willing to pay for?
Because every penny we spend here in Washington, D.C., comes out of
the taxpayers' pockets from money that they have earned and then have
paid in taxes, sent to Washington, they expect us to be very careful
stewards of those dollars.
Before my time expires, Mr. Speaker, I just want to point out one
other concern that we have with the exchanges and the way they are
going to handle information. Six hundred million dollars to build a
computer system that doesn't work and doesn't protect the
[[Page H6597]]
identity and the information of enrollees in the health care exchange
is another of the problems there that is worthy of discussion of this
program.
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