Honor System

Floor Speech

(Ms. FOXX asked and was given permission to address the House for 1 minute.)

Ms. FOXX. Mr. Speaker, because of ObamaCare, health insurance costs could be increasing more than 80 percent for young North Carolinians. Yes, those who pay just over $100 a month now may have to pay $185 for ObamaCare-approved coverage.

The administration has attempted to console us with promises that the blow of such sharp cost increases will be softened for the neediest Americans through income-based taxpayer subsidies. However, there's a problem: it's not just needy Americans who will have access. Because the Obama administration has decided to rely on an ``honor system'' for subsidy distribution to draw money, income won't have to be verified, and neither will one's access to ``affordable'' employer-provided health coverage.

We are told this honor system will be temporary, but we are not satisfied. Develop a verification system now or delay the subsidies. Better yet, give every American a break and repeal this law.Unknown

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