Schatz: Nobody Wants Republican Tax Bill That Will Hurt Millions Of Americans, Still Time To Stop It

WASHINGTON – U.S. Senator Brian Schatz (D-Hawai‘i) spoke on the Senate floor today to warn Senate Republicans against passing a tax plan that would kick more than 16 million Americans off of health insurance, raise monthly health care and energy costs across the country, and slash nutritional assistance for those in need – all in order to cut taxes for billionaires. He highlighted the voices of Americans in red states imploring their representatives to preserve Medicaid which is a lifeline for tens of millions of people across the country.

“The stakes are clear. It's people's health. It's people's hard-earned money. It is people's lives,” said Senator Schatz. “And whether you're in a red or a blue state, you will absolutely feel the weight of this terrible piece of legislation. More than a quarter of nursing homes may close. Hundreds of rural hospitals will shutter. And for what? To pay down the debt? Because we're a nation at war? Because we want to invest in infrastructure or schools or health care? No. The reason they are making these cuts to food assistance. The reason they are making these cuts to rural hospitals. The reason they are making these cuts so that people are going to have to pay several hundred dollars more per month for their own health care, is to create enough revenue for the biggest tax cut – the biggest wealth transfer from working people to wealthy people in the history of the United States of America.”

Senator Schatz continued, “Now, the good news is this: we actually don't have to do this. There is no rush to do this. There is no clamoring among constituents in red or blue states to do this. But it’s going to require four Republicans saying enough is enough.”

The full text of Senator Schatz’s remarks is below. Video is available here.

More than 16 million people are going to lose their health care, and tens of millions of Americans are going to pay more for health care every month. Hundreds of rural hospitals are going to be forced to close, and we are going to plunge the country into trillions of dollars of new debt.

Now, what is this all for? Is it to improve our schools and roads? Is it to make housing and child care more affordable? Is it because we're in the middle of a crisis that just has to be paid for, or we're going to pay down the national debt? No, it's none of those things. It's because they want to cut taxes for the richest people to ever exist. And if that means that you can't see your doctor, or you have to pay hundreds of dollars more every month to pay for your health care. Tough luck.

Now, here's the thing. Republicans actually know what they are walking into because people in their own states are telling them what's about to happen.

“We can't sustain serving our community the way we are with these cuts,” one hospital leader in Kansas said.

A health executive in Texas wrote, “Cutting billions of dollars from Medicaid would have widespread and devastating consequences for Texans. Beyond the obvious impacts to people enrolled in the program, the collateral damage to the program will be felt across the board. Hospitals will do everything they can to weather the storm, but some may not survive. Others will have to increase their reliance on state or local support or reduced services. Access to care will decrease, especially for high cost service lines like maternal health care and behavioral health. Jobs will be lost. The impact on communities which rely on their hospitals for employment and for growth will be profound.”

A Utah father who credited Medicaid with saving his own son's life said, “Without Medicaid, these lifesaving treatments would have been financially impossible. There is absolutely no way we would have covered the costs on our own. And in this way, our story is not unique. So many families insured by Medicaid could have to make difficult, life altering decisions if Congress slashes funding.”

And a former Republican elected official in Georgia warned, “Cuts to Medicaid are not only fiscally irresponsible, but they could threaten the livelihoods of our fellow Georgians and the economic opportunities that consistently make our great state a top state for business.”

So the stakes are clear. It's people's health. It's people's hard-earned money. It is people's lives. And whether you're in a red or a blue state, you will absolutely feel the weight of this terrible piece of legislation. More than a quarter of nursing homes may close. Hundreds of rural hospitals will shutter. And for what? To pay down the debt? Because we're a nation at war? Because we want to invest in infrastructure or schools or health care? No. The reason they are making these cuts to food assistance, the reason they are making these cuts to rural hospitals, the reason they are making these cuts so that people are going to have to pay several hundred dollars more per month for their own health care, is to create enough revenue for the biggest tax cut, the biggest wealth transfer from working people to wealthy people in the history of the United States of America.

Even if you're not on Medicaid yourself, you likely know someone who is – a friend, a neighbor, a relative, a coworker. And more than that, kicking tons of people in your community off of health care will drive up costs for everybody else and make high quality care hard to find. You are going to pay more for less care – all for the biggest tax cut in American history for the people who need it the least.

And I have no problem with the people who need it the least. But the truth is they need it the least. If you are financially successful and you make $4 million a year, God bless. It's the American dream. It does not mean you need a tax cut. And it does not mean you need a tax cut paid for by reducing services, especially in rural communities.

Now, the good news is this: we actually don't have to do this. There is no rush to do this. There is no clamoring among constituents in red or blue states to do this. This is an add on. What they wanted to do is extend the original Trump tax cuts. Now, I oppose those tax cuts, but I can understand Republicans, as a sort of article of faith, want to extend the tax cuts that their president enacted two terms ago. Fair enough. Good, solid old-fashioned policy disagreements. But then they just larded it up with stuff giveaways to special interests and cuts and cuts and cuts to things that people care about left, right and center. And so we don't actually have to do it this way.

You're going to pay more for less care, all so that billionaires just have a little more money sitting in their accounts. It's going to require four Republicans saying enough is enough. And I've heard a number of my Republican colleagues talk about how essential Medicaid is to their rural communities. And it's not just the people who are on Medicaid, obviously, those are the people you got to be primarily concerned with. But a lot of us go home and visit both urban and rural hospitals, and they all say the same thing, which is that if you blow out like 30 percent of your revenue, you can't function as an institution. So it's not just a question of whether you personally are on Medicaid or you personally care about Medicaid. It's about does your rural hospital even survive after this bill is enacted?

Nobody wants this. And there is still time to kill this bill.

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