March 22, 2010
WASHINGTON, D.C. – U. S. Sen. Jim Inhofe (R-Okla.) today, in criticizing Democrats in the House of Representatives for passing H.R. 3590, the Patient Protection and Affordable Care Act, took issue with the supposed “fix it” measure known as Reconciliation.
“The Reconciliation measure that is coming to the Senate is a ‘pay-off’ bill – not a ‘fix-it’ bill,” Inhofe said. “If the Senate adopts the Reconciliation bill, it will result in substantial Medicare cuts and a reduction of funding for Disproportionate Share Hospitals (DSH) that many in rural Oklahoma rely on for medical care. I am disappointed that the House passed the liberal-backed health care bill on Sunday night. The underlying bill was drafted behind closed doors in a partisan manner without transparency as President Obama and the Democrats had repeatedly promised. The Reconciliation measures are hardly a fix to this destructive piece of legislation that rejects the concerns of constituents while adding to the federal deficit. In the coming days, I will be offering amendments to reduce the tax provisions and lessen the burden on Oklahomans.”
Reconciliation Bill Details:
- The total Medicare cuts add up to $523 billion. This includes $200 billion in cuts to Medicare Advantage, $40 billion in cuts to home health care, and $150 billion in cuts to hospitals, nursing homes, and hospice.
- The Tort Reform proposals would spend $100 million instead of lowering costs. Republican liability reform proposals would reduce lawsuit abuse and lower costs by at least $54 billion.
- The Health Care bill includes provisions to make the federal government the originator of all student loans, which would completely eliminate private lending.