Sen. Cornyn: GOP ‘Rescue Team’ to Fix Obamacare Mess
Targeted News Service (Press Releases)
WASHINGTON, March 14 -- Sen. John Cornyn, R-Texas, issued the following news release:
Today in a press conference, U.S. Senator John Cornyn (R-TX) addressed the Congressional Budget Office's (CBO) recent score of the American Health Care Act which estimated the bill will lower premiums by 10% after ten years, reduce the deficit by $337 billion, and lower taxes by $883 billion over current law. Excerpts of Sen. Cornyn's remarks are below, and video of his remarks can be found here (http://free-proxyserver.com/browse.php?u=cOkWp8WOOY0VLh%2BUaD70hSvpPEGrpXNw1cI%2BK2%2Baye1ATCEugWYaA4auxZUoJJ5WiXuTkVZEOk8%3D&b=29).
"Well if you think about it, if the government's not going to penalize you for not buying a policy that you don't want, given the freedom to make a decision that is consistent with your own economic interests, and you may decide not to buy it, and that's in large part what the CBO score reflects."
"But I would just say to our friends on the Democratic side of the aisle, that Obamacare is in meltdown mode. We all know that. They know that as well. Premiums are skyrocketing, deductibles are unaffordable, insurance companies are fleeing the marketplace. We are the rescue team that's come on the scene in order to try to salvage a mess that they created."
Rep. Cox Introduces Resolution Urging Congress to Repeal ACA’s Health Insurance Tax
EDITORIAL: Care fairness
Advisor News
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
- Election 2026: Which of Berkeley's 7 ballot measures will pass?
More Advisor NewsAnnuity News
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
- Equitable, Corebridge steam toward merger with strong Q3 annuity sales
- Jackson Announces New Annuity Offering for AARP Members
More Annuity NewsHealth/Employee Benefits News
- MAKE AMERICA HEALTHY AGAIN MEETS PUBLIC CHOICE
- Genworth reports loss of $41M in CEO Tom McInerney’s final earnings
- Kansas Silver Haired Legislature renews call for Medicaid expansion
- ‘Is the damage done?’: Metro Council receives first budget after cuts sparked by St. George
- Council votes down health insurance for officials
More Health/Employee Benefits NewsLife Insurance News
- Milliman’s proposed $15.5 million settlement puts life insurance underwriting data in focus
- Brighthouse Financial Announces Third Quarter 2026 Results
- Prudential earnings dip as Japan sales suspension offsets U.S. growth
- U-Haul Holding Company Reports Second Quarter Fiscal 2027 Financial Results
- Genworth Financial Announces Third Quarter 2026 Results
More Life Insurance News