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March 24, 2017
Press Release

Washington – This morning, Congressman David E. Price (NC-04) delivered the following remarks on the House Floor during debate over the Republican ACA repeal proposal. Congressman Price is strongly opposed to the Republican bill.

“I rise today in strong opposition to this misguided and short-sighted ‘Pay More for Less’ bill, also known as ‘TrumpCare.’

“In all my time in Congress, I have never seen such a blatant disregard for the best interest of the American people. 24 million hard-working Americans will lose their health coverage.  TrumpCare will eliminate the critical premium subsidies that millions of individuals depend on, meanwhile deductibles and out-of-pocket expenses will go up.

“Particularly hurt will be the Americans aged 50-64, who will have to pay five times more than others for health coverage, no matter how healthy they may be themselves.  TrumpCare then goes on to ransacks the Medicaid funds that older Americans rely on for long-term care they need and shortens the life of the Medicare Trust Fund by 3 years. 

“North Carolina consumers in the marketplace who have been insured for the first time would face the second-highest health care cost increases in the entire country, an average of over $7,500.  Again, mainly the older, poorer North Carolinians.  For instance, a 64-year old resident making $22,000 a year would see a premium spike of over $14,000.  That is over half of his income!

“After years of trying to destroy the ACA, this is the best that Speaker Ryan,  and President Trump could come up with.  Defeat this bill.”