WASHINGTON, D.C. - U.S. Sen. Jim Inhofe (R-Okla.) today explained his opposition to Democrat-backed Reid Health Care bill. After the Democrat Senate Leadership has jammed the bill through at the last minute, a vote on final passage is expected on Christmas Eve day.
"I am adamantly opposed to this $2.5 trillion government run health care system with its half a trillion dollar increase in taxes on Americans and nearly half a trillion dollars in cuts to Medicare to help pay for it," Inhofe said. "I am also opposed to the public financing of abortion this bill allows. At a time when Senators and staff should be spending time with family celebrating the joys of Christmas, the Democrats are so committed to the idea of socialized medicine that they will stop at nothing to get it - even though the majority of Americans do not want it. To make matters worse, special deals were cut for certain states in order to buy votes."
Health Care Bill Details:
- The Senate tried to push the bill through so fast that CBO's original analysis of the bill grossly overstated the deficit reduction ability of the bill after 2019 by $500 billion.
- According to CBO, still leaves 23 million uninsured
- CBO estimates premiums will increase
- Includes the CLASS Act, a new entitlement program, which 11 Democrats voted to remove (12/4/09)
- Includes massive tax increases on businesses and families ($518.5 billion over 10 years)
- Device fee will take effect in 2011 instead of 2010, but will increase from $2 billion to $3 billion annually in 2018
- Includes almost half a trillion in cuts to Medicare, including: $120 billion from Medicare Advantage, $135 billion from hospitals, roughly $15 billion from nursing homes, close to $40 billion from home health agencies, and nearly $7 billion from hospices.
- States are struggling to finance the Medicaid programs they have, but this bill would require them to spend $26 billion they don't have to add another 15 million people to this broken program.
- Expanding Medicaid might provide insurance, but it doesn't guarantee access. Forty percent of doctors limit their number of Medicaid patients.
- At the same time, it gives special treatment to a select few states. Taxpayers in Virginia, Arkansas, and Ohio, will pay higher taxes to subsidize the Medicaid programs of favored few (Nebraska Massachusetts, and Vermont).
- This will further impact Oklahoma's Medicaid programs which were recently cut across the board by 10 percent.