Thompson Rejects Republican Repeal of the ACA
Washington – Today, Republicans pushed their Affordable Care Act (ACA) repeal bill through the Committee on Ways and Means without proper review from the nonpartisan Congressional Budget Office (CBO). Outside estimates have projected that a repeal of the ACA would result in roughly 3 million jobs lost--including nearly 350,000 in California--and millions more Americans losing their health insurance while also adding more than $600 billion to the national debt. Rep. Mike Thompson (CA-05) released the following statement against the bill:
“Many Americans are still just getting back on their feet after the financial crisis of 2008,” said Thompson. “The last thing they need is for Congress to pull the rug out from under them, but that's what this bill does. Rather than focus on putting Americans back to work, it gives billionaires and big corporations generous tax breaks. This is a misguided and reckless policy that will hurt our job market, reduce access to healthcare, and make Americans pay more for less. I will continue to fight for the hardworking families across our community and throughout the country who've worked hard, played by the rules, and deserve access to affordable healthcare."
The Committee's markup lasted more than 17 hours, during which time they rejected every Democratic amendment to safeguard consumer protections.