BREAK IN TRANSCRIPT
Mr. BILIRAKIS. I support repealing the misnamed Affordable Care Act because it is a law that Americans cannot afford.
A recent report from the Energy and Commerce Committee shows that health insurance premiums for small businesses could rise by an astonishing 400 percent. For my home State of Florida, the report notes that individuals enrolled in some current plans could see increases of over 100 percent. In the small group market, we expect to see increases as well. This law is not affordable for individuals or small businesses. The health law tries to hide these new costs through subsidies and tax credits paid for through new taxes and cuts to Medicare.
We need to repeal this job-crushing, premium-rising, government-expanding law. I am proud to be a cosponsor of H.R. 45, and I support repealing this unaffordable act.
BREAK IN TRANSCRIPT