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Camp Statement on Preliminary CBO Cost Estimates of Democrats’ Health Care Bill

March 18, 2010

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today made the following statement on the preliminary cost estimate from the Congressional Budget Office on the Democrats’ government takeover of health care: 

“Democrats have failed to listen to the American people and are plowing forward with a bill that still spends $1 trillion, raises roughly one-half trillion dollars in new taxes, cuts Medicare by more than one-half trillion dollars and increases Americans’ health insurance premiums.  The American people have rejected this bill precisely because it taxes too much, spends too much and increases premiums too much.”