[Congressional Record (Bound Edition), Volume 156 (2010), Part 5]
[House]
[Page 6382]
[From the U.S. Government Publishing Office, www.gpo.gov]




      A NEW REPORT SHEDS LIGHT ON EFFECTS OF HEALTH CARE TAKEOVER

  (Ms. FOXX asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. FOXX. Mr. Speaker, we got some interesting news from the Obama 
administration's own number crunchers last week. Though it comes as no 
surprise to those who opposed the government takeover of health care, 
which became law last month, we learned that this takeover increases 
national health care spending by $311 billion. Plus, the Federal 
actuaries reported that 18 million taxpayers will be socked with $33 
billion in fines for not purchasing government-approved health care.
  In direct contradiction to President Obama's promise of, if you like 
your plan, you can keep it, the report stated that half of the 14.8 
million seniors who enjoy Medicare Advantage will be forced to leave 
the program due to lower benefits. That means about 20,000 in my 
district alone will likely lose their plans.
  Too bad we didn't have this detailed report before the government 
takeover became law, but as the saying goes: Better late than never.

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