Hensarling vows to to repeal Affordable Care Act
"Increasing premiums, loss of coverage, high costs, fewer choices, and broken promises loom over the heads of the American people," Hensarling said at a town hall meeting in
"Texans and Americans are continuing to pay the price. We made a promise to put an end to Obamacare. We cannot let this major issue fade into the background. I will say this over and over again -- failure is not an option."
Hensarling said that in 2017 the
He called the American Health Care Act, which would repeal the Affordable Care Act, landmark legislation.
When asked what he liked about Obamacare, Hensarling rattled off what he thought was wrong with it, including higher premiums and "broken promises" of remaining with the doctors who patients choose.
The only favorable part of the bill, he said, was covering patients with pre-existing conditions.
On another matter, Hensarling said the Financial Choice Act, if enacted, would roll back many of the provisions of the Dodd-Frank 2010 federal law. The legislation passed the House 233-186 in June.
"As Chairman of the
"The Dodd-Frank Act is a main culprit of big government overreach and has affected everyone from small businesses on
As the author of the Financial CHOICE Act, Hensarling said he was proud to have created a way to end big bank bailouts while holding
"Through the Financial CHOICE Act, community banks and credit unions across the country will see regulatory relief needed to put credit and capital in the hands of our hardworking citizens," Hensarling said.
He said he would continue to push for changes in the federal tax system.
"Our country is in desperate need of fundamental tax reform," Hensarling said. "Our tax code is unfair, too complicated, and puts our workers at a competitive disadvantage. I am working with
"As I travel across the district, I hear over and over again how burdensome taxes are on families and small businesses. I will not stop fighting to get our economy firing on all cylinders."
Later, when commenting on legislation affecting veteran's care and benefits, Hensarling said, "Our nation's heroes deserve the very best care and treatment possible.
"This July, the House passed the largest expansion of benefits for our veterans in over a decade. Veterans across the
After Hensarling left
___
(c)2017 the Palestine Herald-Press (Palestine, Texas)
Visit the Palestine Herald-Press (Palestine, Texas) at www.palestineherald.com
Distributed by Tribune Content Agency, LLC.


Colorado Springs call center planning to hire 300
Social Security Reform “Trigger” Buried in GOP Budget Resolution, Says The Senior Citizens League
Advisor News
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
- Most Gen Z investors think less than a year ahead when making financial decisions
- IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
- Help child-free clients plan for their later years
More Advisor NewsAnnuity News
- Guidance, bulletin or reg? NAIC debates form of annuity illustration update
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity NewsHealth/Employee Benefits News
Life Insurance News