Rep. Jan Schakowsky Re-Introduces Public Option Bill As Deficit Reduction Measure

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truebluefan

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It appears that Rep. Jan Schakowsky intends to hold Republicans to their word with regard to deficit reduction. Citing studies that prove a public option would control health care costs, Schakowsky introduced the "Public Option Deficit Reduction Act".

TalkingPointsMemo:

The bill, which almost certainly cannot pass in the Republican-controlled House, is a mostly symbolic effort meant to keep the public option alive as a policy prescription. It is sponsored by Rep. Jan Schakowsky (D-IL), who is on the Energy & Commerce health subcommittee, along with Energy & Commerce Ranking Member Henry Waxman (D-CA) and 43 other lawmakers.

“The Public Option Deficit Reduction Act will give health care consumers more choice and lower their premiums,” said Schakowsky. “And, by providing a lower-cost alternative to private insurance, it would put pressure on all insurers to lower their premiums in order to compete.”

Citing an earlier estimate by the nonpartisan Congressional Budget Office, Schakowsky expects it to reduce the deficit by some $100 billion over 10 years by boosting competition among insurers and paying providers at Medicare rates. The 2010 version of the public option was expected to reduce the debt by $68 billion over 10 years.

Read more http://crooksandliars.com/karoli/rep-jan-schakowsky-re-introduces-public-opt
 
She is a crook and a liar.
 

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