Mr. COLE. Mr. Speaker, where are the jobs? Well, they certainly aren't in the Democrats' job-killing health care plan. At a time when America is suffering the worst recession in a generation, it's utterly irresponsible to propose a government takeover of our health care system and destroy millions of private sector jobs in the process.
Since the Democrats passed their stimulus package, more than 2 million American jobs have been lost, and the chair of the White House Council of Economic Advisors, Dr. Christina Romer, has suggested that the tax hikes on businesses that will be required to pay for the Democratic health care plan will result in the loss of an additional 4.7 million jobs.
In addition, Mr. Speaker, the Democratic proposal will force drastic cuts in Medicare Advantage, causing millions of seniors to lose their coverage for prescription medicine, the cost of private health care will skyrocket, and the Lewin Group has estimated that nearly 114 million Americans will be forced out of their current private health care coverage and into government-run health care plans.
Mr. Speaker, the Democrats' job-killing health care proposal is the wrong prescription. It will cost millions of jobs. Americans need a second opinion. END
