| Sequester Replacement Reconciliation Act Of 2012 |
May 16, 2012 |
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Aaron Schock, R-IL
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"Section 204 of H.R. 5652 reversed two Medicaid provisions affecting the U.S. territories—increases in both the federal match rate and the cap on federal Medicaid spending—created in Obamacare. While I fully support a repeal of Obamacare, I also understand the rationale for these provisions addressed a disparity in the treatment of U.S. territories under Medicaid going back decades. Prior to the changes, Puerto Rico paid 80 percent of its share of Medicaid, even though it has a population of almost 4 million and a poverty level percentage similar to the state of Mississippi. Unlike the 50 states, where no U.S. state pays more than 50 percent of its share, the territories operate under a different reimbursement formula. The adjustment in the Medicaid payments to territories helped to close this gap."
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| Export-Import Bank Reauthorization Act Of 2012—Motion To Proceed |
May 15, 2012 |
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Jon Kyl, R-AZ
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"Just a couple of numbers: It contains a whopping $1.8 trillion tax hike on individuals, small businesses, investment, and family-owned farms. Think about the job-killing nature, the wet blanket that puts over our economy—a $1.8 trillion tax hike. This comes on top of the tax hikes that are already embedded in ObamaCare, which will extract an additional $4 trillion from the private sector by 2035 according to the Joint Economic Committee. Even with this tax hike, the President’s budget would increase deficits by nearly $6.4 trillion over the next decade."
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| Export-Import Bank Reauthorization Act Of 2012—Motion To Proceed |
May 14, 2012 |
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Ron Johnson, R-WI
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"We are talking about the true cost of the health care law. When this was passed—and I actually grossed up these figures because they actually netted out—the savings of Medicare with new spending in Medicare, the way ObamaCare was originally going to be paid for was about $1.3 trillion to cover about $1.1 trillion in outlays. That was split up in basically two ways: about $590 billion in taxes, fees, and penalties, and then $665 billion in reductions in Medicare, Medicaid, and Medicare Advantage."
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| Securing American Jobs Through Exports Act Of 2012—Motion To Proceed |
May 10, 2012 |
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John Boozman, R-AR
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"The increasing mandates that Arkansas—and every State for that matter—are facing as a result of ObamaCare hurts our ability to fund our State schools. The extra burden placed on the State’s Medicaid Program means much less money to spend for education. Our universities are forced to raise their tuition to cover the shortfall. Higher tuition puts the dream of college out of reach for many young Americans. This is why the Stafford student loan program is so important. Loans help students overcome obstacles they face when it comes to accessing a quality, affordable education. My three daughters attended college, so I am well aware of the financial toll tuition takes on a family’s finances."
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| Medical Device Tax |
May 9, 2012 |
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Joe Pitts, R-PA
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"Last week, Senator Toomey and I visited Precision Medical Products in Denver, Pennsylvania. In a roundtable meeting, we heard from a dozen medical device companies about how the new ObamaCare medical device tax will destroy jobs and stall research. This new 2.3 percent tax is on all revenue—and not just profits—meaning even if a company is struggling to break even or even losing money, they have to pay this hefty tax bill. This new tax is over and above the new user fees that they have agreed to pay."
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