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Congresswoman Virginia Foxx today made the following statement on the Democrats’ healthcare legislation, H.R. 3962.

“Americans just learned that last month another 190,000 workers lost their jobs and now the national unemployment rate stands at 10.2 percent—a 26-year high. 

“Despite this sobering news, Speaker Pelosi has cobbled together a 1,990 page, trillion dollar bill that raises taxes on small business and working families while at the same time making health care more expensive.

“During this time of economic upheaval we cannot afford a massive expansion of government and increased spending that does not solve our health care problems.  With unemployment already at 10.2 percent, the Democrats’ plan will make our unemployment problem worse.

“As if that were not enough, this bill slashes Medicare funding and will eliminate Medicare Advantage for the 40,000 seniors in North Carolina’s Fifth District who enjoy the convenience and excellent care of this program.

“The list goes on: $729 billion in new taxes, 111 new bureaucratic entities and 5.5 million lost jobs.  This bill is bad for families, bad for seniors and bad for small businesses.  

“Republicans have offered better solutions to make health care affordable without destroying jobs or raising taxes on North Carolina families.  But Speaker Pelosi insists on pushing through this harmful piece of her big government agenda.  I cannot support such ill-conceived and damaging legislation and will vote against it.”