CBO Analysis Indicates Reid Bill Will Increase Family Premiums by $2,100 a Year

Statement

Date: Nov. 30, 2009
Location: Washington, DC

Sen. Cornyn: That May Not Be Much to Washington Elites, But It Would Be Devastating for Middle Class Families and Small Businesses

U.S. Sen. John Cornyn, R-Texas, a member of the Senate Finance Committee, today released the following statement regarding the non-partisan and independent Congressional Budget Office's fresh analysis on the effect of the Reid health care bill on health care premiums:

"The whole point of health care reform is to lower costs for American families, so it's unfathomable that Harry Reid and Senate Democrats would try to push through a bill that will increase family premiums by $2,100 a year. That may not be much to Washington elites, but it would be devastating for middle class families and small businesses. President Obama made a ‘solemn pledge' that health care reform would lower health care premiums $2,500 a year for American families. That's one campaign promise of his that must not fall through the cracks."


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