[Congressional Record Volume 171, Number 94 (Tuesday, June 3, 2025)]
[House]
[Page H2386]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ONE BIG, UGLY BILL
(Mr. Courtney of Connecticut was recognized to address the House for
5 minutes.)
Mr. COURTNEY. Mr. Speaker, today, June 3, Congress reconvenes after a
12-day break. On May 22, the last time we were here, this Chamber was
involved in a 2-day marathon. H.R. 1, the misnamed one big, beautiful
bill, was jammed through in the dead of the night, as it was being
written in real time, by a vote of 215 to 214.
During my time home, I held two townhalls. One was up in Tolland,
Connecticut, near the border of Massachusetts. The other was down along
the shoreline in Madison, Connecticut. Both townhalls were well-
attended.
Last night in Madison, it was standing room only. People were
bursting with questions about how a bill that can change the tax code
for the next 10 years, that can intervene in terms of our healthcare
system, in terms of taking away people's health coverage, can happen
with no transparency and no public input.
As I said, it was being written in the dead of the night prior to the
vote on May 22. This is what we know now as the dust has settled in
terms of what the impact of this bill is.
In terms of healthcare, the bill is going to cut our Medicaid
program, America's largest healthcare program, and extract roughly $700
billion from the system over the next 10 years.
The Affordable Care Act, subsidizes premiums, which provides health
insurance for millions of Americans. Again, those premiums are going to
be cut. As a result, people are going to lose their health insurance.
That is not me saying that. That is the Congressional Budget Office,
the neutral umpire that calls balls and strikes around this Congress
who is saying that.
Again, they have calculated that 15 million Americans will lose their
health insurance as a result of this measure which was passed by the
majority and jammed through in the dead of the night.
In Connecticut, we have already seen what the numbers mean in terms
of this bill. The Kaiser Family Foundation is not a partisan group.
They have been studying healthcare trends and finance for decades. They
determined that 140,000 citizens in the State of Connecticut will lose
their health coverage as a result of this bill.
As the dust has settled, we now know of one thing that didn't get a
lot of attention. As a result of the deficit impact of this bill, which
is going to add trillions of dollars to the national debt, it is going
to trigger a sequestration, an automatic cut to the Medicare system.
Medicare is the system that provides health insurance for people over
65 and people on disability.
That is $500 billion over the next 10 years. Again, it is going to be
a cut across the board to hospitals, to physicians, and to a whole
series of medical devices and pharmacy products that are covered by
Medicare.
Again, this is because of the reckless deficit spending that this
bill creates. That is not me saying that. The calculation of the Joint
Committee on Taxation was $3.7 trillion of new debt on top of the $36
trillion of debt that we have today.
The Wharton School of Finance, where President Trump attended school,
calculated $3 trillion, as well. When they added the interest costs
that are going to be paid on that additional deficit, that spending,
that is going to push the number closer to $5 trillion.
Again, today the deficit is $36 trillion. We are spending $89 billion
a month in terms of interest costs on the existing debt. That is larger
than what we spend in the Department of Defense on a monthly basis. It
is bigger than any other account in the discretionary budget of this
government.
This bill accomplishes two harmful, damaging impacts to America which
are, number one, 15 million people are going to lose their health
insurance. We are also going to see the deficit grow by anywhere
between $3 trillion and $5 trillion. For what? It is to reward the top
1 percent whose tax cuts are going to be extended and enlarged for many
over the coming years, leaving working families and the poor in the
dust.
We can do better than this as a nation. Again, it is not too late to
stop this. The Senate is now going to take up this bill.
The external pressure is going to rise up with the American Hospital
Association and with patient groups like the American Cancer Society,
the American Lung Association, Autism Speaks, and people who represent
disability groups. They are rising up now to stop this bill because of
the harm it is going to cause on individuals and families all across
this country.
It is time to stop this one big, ugly bill that is going to do so
much damage to the American people.
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