DeLauro Slams ACA Repeal as a 'Betrayal of the Working Families of this Nation' - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 16, 2017 Newswires
Share
Share
Post
Email

DeLauro Slams ACA Repeal as a ‘Betrayal of the Working Families of this Nation’

Congressional Documents & Publications

WASHINGTON, DC (January 13, 2017) -- Congresswoman Rosa DeLauro (CT-03) today spoke on the House Floor to call on Congress to oppose the repeal of the Affordable Care Act and massive tax cuts for the wealthiest Americans. DeLauro's speech comes the same day that House Republicans plan to start the process to repeal the Affordable Care Act and take away health care from millions of Americans.

Go to: https://www.c-span.org/video/?c4645858/rosa-calls-congress-oppose-repeal-aca to watch the full remarks.

Here are the remarks, as delivered:

I rise in strong opposition to the rule. It sets into motion the repeal of the Affordable Care Act. This "repeal only" bill takes money intended to fund health care for middle class families and it hands it to the wealthy families and to big health corporations in the form of tax cuts--the public does not know this.

According to the Center for Budget and Policy Priorities, this bill would give the 400 highest income families in the United States an average tax cut of $7 million a year. It would rob millions of families of the money they need for their insurance. It hands it over to the wealthy--including nearly $250 billion over ten years in tax cuts for health insurance companies and drug manufacturers.

Where are the Majority's values? We should be providing more Americans with health insurance, not fewer. We should be creating jobs, not eliminating them. This bill is a disgrace. It is a betrayal of the working families of this nation. I yield back the balance of my time.

A report Families USA issued said repeal of the Affordable Care Act equals a huge tax cut for the wealthy. What people don't know--and the public doesn't know at the moment--that this will hand over to wealthy and major corporations.

They're going to get new tax breaks, worth nearly $600 million, more than a half trillion dollars over ten years, $345.8 billion over ten years in tax cuts with people who have incomes over specified thresholds, $200,000 for single individuals, $250,000 for families. There's $274.4 billion over ten years going to health insurance companies, drug manufacturers, and other large health care corporations.

That is what repeal of the Affordable Care Act does and my colleagues need to face up to that and the public needs to know it.

Read this original document at: https://delauro.house.gov/media-center/press-releases/delauro-slams-aca-repeal-betrayal-working-families-nation

Older

Davidson Votes to Take First Steps to Repeal Obamacare

Newer

REP. SCOTT DESJARLAIS ON TODAY’S OBAMACARE REPEAL RESOLUTION

Advisor News

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • Symetra and TIAA Announce Launch of Mariner Re
  • Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
More Annuity News

Health/Employee Benefits News

  • OPEN ENROLLMENT IS COMING START PREPARING TODAY
  • ICYMI: GOVERNOR SPANBERGER HIGHLIGHTS NEW HEALTHCARE SAVINGS FOR VIRGINIANS AFTER PRESIDENT TRUMP AND HIS ALLIES IN CONGRESS LET PREMIUMS INCREASE
  • TRISTAR Insurance Group Appoints Viviane Ruiz as Senior Vice President of Managed Care
  • Board to weigh $1.6 million in raises as insurance costs climb
  • Employers adapting benefits to support caregivers
More Health/Employee Benefits News

Life Insurance News

  • Symetra and TIAA Announce Launch of Mariner Re
  • Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
  • 115-year-old Pan-American Life Insurance Group on track to surpass $2B in revenue
  • Life insurers race to win retirement customers as distribution shifts
  • Life insurer ordered to stop selling new policies in Virginia
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.