Speaker Ryan: Obamacare Repeal Resolution Is ‘Critical Step Toward Delivering Relief’
"My colleagues, I rise to urge our colleagues in the House to support this resolution--let me tell you why. This provides
"In the weeks ahead, several steps will be taken to provide relief. Some steps will be taken by this body. Some steps will be taken by the new administration, including, after he is confirmed as HHS Secretary, our own colleague from
"Our goal is a truly patient-centered system, which means more options to choose from, lower costs, and greater control over your coverage. And as we work to get there, we will make sure that there is a stable transition period so that people don't have the rug pulled out from under them. So this will be a thoughtful, step-by-step process, and we welcome ideas from both sides of the aisle.
"But today I can't help but think back when we were debating this law in 2010, what was said at the time. I was a member of the minority then. I stood right here and pleaded with the majority not to do this. Don't take something so personal like your health care and subject it to a big government experiment. Don't do something so arrogant and so contrary to our founding principles. But they pushed it all the way through, making all kinds of promises.
"People were promised that their premiums would go down, but instead they are skyrocketing. Look at the new premium increases announced just this year:
"People were promised, 'If you like your plan, you can keep it.' Well, guess what--that was rated the 'Lie of the Year' that year. People lost their plans. People were promised all sorts of choices--you'll have all these great menus of choices to choose from--a third of all the counties in America today, you get one choice. Five whole states, one insurer. If you have one choice, that's not a choice--that's a monopoly.
"My colleagues, this experiment has failed. This law is collapsing while we speak. We have to step in before things get worse. This is nothing short of a rescue mission. By taking this step today, we are doing what is right. We are stepping in and stopping the collapse from doing more harm to the working families of America, to bring the kind of relief and to bring the kind of solutions that we need to really achieve the noble goal here: Everyone in America should have access to affordable health care, including people with preexisting conditions.
"This is what we want to achieve, but that's not what's happening under Obamacare. The law is collapsing, the insurers are pulling out, people can't afford it, the deductibles are so high it doesn't even feel like you have insurance in the first place. This is a rescue mission. This is a necessary move. And I urge all of our colleagues to do what is right--because the time is urgent. And, on top of this, to my colleagues, we need to keep our promise that we made to the American people, and this helps us do just that."
30VitinMar-5746120 30VitinMar


Rep. Pittenger Votes to Repeal Obamacare
Rep. Palmer: House Takes First Step Toward Dismantling Obamacare
Advisor News
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
- Three estate planning ideas to protect your clients and their wealth
- What advisors must know about accessible client documents
More Advisor NewsAnnuity News
- 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
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity NewsHealth/Employee Benefits News
Life Insurance News