Mr. Speaker, as a physician with over 30 years' experience, I cannot state strongly enough how devastating this Pelosi bill is going to be for American families, businesses, and seniors.
This 1,990-page bill has come in at a cost of $1.3 trillion by the nonpartisan Congressional Budget Office. It will create $700 billion in new taxes. It will cover over 6 million illegal immigrants, and as many as 5.5 million American workers can lose their jobs.
The government takeover of health care proposed in the Pelosi health care plan could cause as many as 114 million Americans to lose their current coverage.
This bill will also ring in a new level of Federal spending, creating levels of bureaucracy that will cost trillions of dollars in new Federal spending and will exacerbate the deficit and imperil the Nation's long-term fiscal solvency.
And finally, cuts to Medicare Advantage plans will result in higher premiums and dropped coverage for more than 10 million seniors.
In short, the Pelosi health care bill will raise taxes, provide less coverage for families and seniors, and cost millions of Americans their jobs.