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NEWS – CONGRESSMAN PETE STARK
239 Cannon House Office Building
Washington, DC 20515
(202) 225-5065
www.stark.house.gov
FOR IMMEDIATE RELEASE
Wednesday, October 13, 2010
Contact: Brian Cook, (202) 225-3202
Pledge Against America's Health:
REPUBLICANS WOULD BALLOON THE DEFICIT
WASHINGTON - The House Republican pledge unveiled three weeks ago would turn back the clock on health care progress. Rep. Pete Stark (D-CA), Chairman of the House Ways and Means Health Subcommittee, today criticized the Republican plan to increase the deficit.
"The health reform law reduces the deficit by $143 billion in the first ten years, and over a trillion dollars in the next decade," said Chairman Stark. "Reform ends taxpayer giveaways to private insurers and makes our health care system more efficient by cutting waste and fraud. The Republican pledge would cause the deficit to skyrocket."
According to analyses done by the non-partisan Congressional Budget Office (CBO), the health reform law would reduce the deficit by $143 billion in the first decade, and over a trillion dollars in the following decade. Comparatively, CBO estimated that the Republican substitute would cause the number of uninsured to go up and reduce the deficit by only $76 billion over the next ten years. The Republican plan to repeal reform and enact their substitute would repeal $67 billion in deficit reduction in the first ten years, and possibly hundreds of billions in the following decade.
For more information on the CBO score of the Republican substitute, please visit: http://go.usa.gov/ajT
For additional information on how the Republican pledge is detrimental to America's health:
Make more Americans face medical bankruptcy: http://go.usa.gov/aju
Repeal free preventive care: http://go.usa.gov/a4j
Reduce Medicare's solvency by 12 years: http://go.usa.gov/a10
Permit discrimination against people with pre-existing conditions: http://go.usa.gov/ach
End reinsurance program for early retirees: http://go.usa.gov/ac2
Shut down healthcare.gov: http://go.usa.gov/al8
Gut programs to fight Medicare fraud, waste, and abuse: http://go.usa.gov/xuT
Increase the uninsured by 29 million: http://go.usa.gov/xMU
Kick people out of new Pre-Existing Condition Insurance Plans: http://go.usa.gov/x60
Eliminate the small business tax credit: http://go.usa.gov/xsj
Re-open the Medicare Part D donut hole: http://go.usa.gov/xGe
Repeal investment in health IT: http://go.usa.gov/xGF
More to come...
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