Issa Sets the Record Straight on Tort Reform |
Thursday, 25 February 2010 15:02 |
WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) issued the following statement regarding today’s health care summit in which President Obama singlehandedly spoke more than all the Republican participants combined: “While today may have been good theater, inviting Republicans over so they can just listen to one person talk is hardly bipartisanship in motion. To be clear, Republicans are just as eager to advance proposals that will address portability, pre-existing conditions and access of quality health care. I believe all Americans should have access to the same benefits that Members of Congress receive which is why I introduced H.R. 3438, the Access to Insurance for All Americans Act. “The suggestion that enacting true tort reform would not result in health care cost savings is just not true. The CBO has said that enacting tort reform would reduce total national health care spending by billions of dollars. In 2009, the CBO estimated that tort reform would reduce mandatory spending for Medicare, Medicaid, SCHIP and the FEHBP by roughly $41 billion over the next 10 years and could yield an increase in federal tax revenue by as much as $13 billion for a total estimated savings of $54 billion over 10 years – compare that to the President’s own proposal that would reduce the deficit by only $100 billion by 2020.” Facts about Tort Reform:
Look at states that have at the very least, medical liability caps:
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