Pelosi Transcript of Press Availability on CBO Report on Republicans’ ‘Pay More for Less’ Repeal Bill
Contact: Ashley Etienne/Caroline Behringer, 202-226-7616
Washington, D.C. – Democratic Leader Nancy Pelosi joined Senate Democratic Leader Chuck Schumer to hold a press availability on the newly-released Congressional Budget Office report on House Republicans’ #PayMoreForLess Bill. Below are the Leader’s opening remarks.
“Good afternoon everyone. Well the accounting is in. The CBO has reported that the Republican bill pushes 24 million people out of health care – off of health coverage. This is a remarkable figure. It speaks so eloquently to the cruelty of the bill that the Speaker calls ‘an act of mercy.’ I don’t know if he thinks it’s ‘an act of mercy’ to all the people who will lose coverage, to all the people who will lose jobs or to the hospitals they will have to close down, especially in rural areas. I do not know if he thinks this is ‘an act of mercy’ for people on opioids who look to Medicaid as an answer, like many Republican Governors do.
“This is – to take 20 million off of their coverage, and as they do so, they are implementing the biggest transfer of wealth in our history – $600 billion dollars going from working families to the richest corporations in our country. In terms of insurance coverage, it’s immoral. In terms of giving money to the rich at the expense of working families, it is indecent and it is wrong.
“The Republicans are confused right now. Some of them say they are discrediting the CBO and others are glorifying pushing off 24 million people from coverage. So I would hope that they pull the bill, it’s really the only decent thing to do.
“Numbers are important. They see the numbers. They should know how that transfers into the lives of people. They are finding that out from their constituents. How can they look their constituents in the eyes, when they say to them, ‘24 million of you will no longer have health insurance, and those of you that do have it will have less in terms of coverage at more cost to you?’
“With that, I’m pleased to yield to the distinguished Democratic Leader in the Senate, welcome back to the House side, Chuck Schumer.”
# # #