[Congressional Record (Bound Edition), Volume 156 (2010), Part 5]
[House]
[Page 6379]
[From the U.S. Government Publishing Office, www.gpo.gov]




                               CMS REPORT

  (Mr. CANTOR asked and was given permission to address the House for 1 
minute.)
  Mr. CANTOR. At the start of the health care debate last year, 
President Obama made two critical promises. He assured the American 
people that his bill would, number one, lower costs, and that if they 
liked the coverage they had they could keep it. On the first count, an 
independent CMS report released last week states that health care costs 
will skyrocket under this bill by an astounding $311 billion over the 
next 10 years. That's more than the previous estimate for each 
individual bill passed in the House and Senate.
  And if you like what you have, you truly may not be able to keep it. 
Even care for our seniors is jeopardized. The CMS report warns that 
Medicare cuts may trigger a flight of hospitals and other health care 
providers from participation in Medicare. It also states that 50 
percent of the seniors participating in Medicare Advantage are set to 
lose their coverage.
  The American people deserve better, Mr. Speaker, and that's why we 
need to repeal the $1 trillion government overhaul of health care and 
replace it with a bill that makes lowering costs the first priority.

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