00:00Madam President, this amendment would disproportionately hit our successful job creators throughout the country, harming workers, consumers, and local economies.
00:08That result runs directly contrary to the central themes of this bill, preventing a more than $4 trillion tax hike on all Americans,
00:17making permanent the Trump tax cuts, which proportionally benefit the middle class the most.
00:22But despite the Democrats' rhetoric, they're conflating two separate issues, ensuring health care affordability and access requires thoughtful, deliberative, and real solutions.
00:31Unfortunately, our colleagues on the other side of the aisle enacted costly and uncapped enhanced premium tax credits that use taxpayer dollars to mask underlying issues in the ACA market, such as declining value and fraudulent enrollment.
00:45So I urge my colleagues to oppose this amendment and instead work to reform the underlying issues in the market that drive costs for patients and families.
00:54Madam President, the pending amendment, number 2696, would cause the underlying legislation to exceed the Finance Committee's Section 302A allocation of new budget authority and outliers.
01:06Therefore, I raise a point of order against this measure pursuant to Section 302F of the Congressional Budget Act of 1974.
