Costs Soar In Pelosi's Takeover Bill

Floor Speech

Mr. WILSON of South Carolina. Madam Speaker, the nonpartisan, independent experts at the Centers for Medicare & Medicaid Services, CMS, released their analysis of the Pelosi takeover. I would like to say it was shocking, but I already had my suspicions that the government takeover of health care was going to cost much more than claimed. The independent report this weekend exposes the truth and the real cost.

The report shows that the Pelosi takeover will increase health care costs by $289 billion. This discredits all the assertions we have heard about how a 2,000-page bill, the $1.3 trillion health care bill, will somehow lower costs. This health care takeover will violate this administration's promise to ``bend the cost curve.'' It will add more than a dime to the deficit and kill jobs.

There are better alternatives that Congress should consider, like H.R. 3400, that will lower health care costs for families and small businesses while creating jobs.

In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism. Mass murderers should be tried at Guantanamo Bay, not in New York City.

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