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Recently in Washington Last week the House passed H.R. 1062, the SEC Regulatory and Accountability Act by a vote of 235-161. The bill requires the Security and Exchange Commission (SEC) to identify and assess the significance of problems prior to regulating and requires a cost-benefit analysis when promulgating regulations. The House also passed H.R. 45, a bill to repeal the Patient Protection and Affordable Care Act by a vote of 229-195. The bill repeals the ACA in total. Congressman Simpson supported both bills. House Takes Action on Healthcare Bill Committee report details significant costs increases due to hit Americans Idaho Congressman Mike Simpson supported passage of H.R. 45, which fully repeals the Affordable Care Act (ACA). He was a cosponsor of this legislation, which passed the House of Representatives 229 to 195. Last week the House voted to repeal the ACA for the first time in the 113th Congress following on the heels of a report compiled by the House Energy and Commerce Committee requesting an updated analysis of the costs of the ACA as estimated by the nation’s 17 largest health insurance companies. “To be perfectly frank, Idahoans are well aware this is hardly the first time the House has voted to repeal the ACA,” said Congressman Simpson. “In fact, this is the 37th time the House has voted to repeal part or all of the law since it was implemented. While it may sound like a poor use of Congress’ time, I believe it is a reflection of how deeply unpopular the law remains, not just in the House, but across the country and especially in Idaho.” Among other things, this study found that Americans’ insurance premiums will increase at enormous rates. It found that consumers purchasing health insurance on the individual market will likely face premium increases of nearly 100% on average, with some increases of more than 400%. Small businesses can expect average premium increases for small group plans of about 50%, with potential for a 100% increase in some cases. “The Obama Administration has finally admitted that there will be premium increases for Americans, but this study found that many people could see their premium double next year when the law is fully implemented. This is a far cry from what the Administration promised while the law was debated, in fact, they claimed the law would lower costs for families and businesses.” Simpson added, “I thought those claims were dubious at the time, but we now know they are simply untrue -- in fact, the opposite is true, the cost of health insurance for most Americans is about to skyrocket.” The bill will now move to the Senate, where it is unlikely to receive consideration by the Democratic majority. Committee Action Floor Schedule MONDAY, MAY 20TH Legislation Considered Under Suspension of the Rules: 1) H.R. 258 - Stolen Valor Act of 2013 (Sponsored by Rep. Joe Heck / Judiciary Committee) TUESDAY, MAY 21ST Legislation Considered Under Suspension of the Rules: 1) H.R. 1412 - Improving Job Opportunities for Veterans Act of 2013 (Sponsored by Rep. Mike Coffman / Veterans’ Affairs Committee) WEDNESDAY, MAY 22ND H.R. 3 - Northern Route Approval Act, Rules Committee Print (Subject to a Rule) (Sponsored by Rep. Lee Terry / Transportation and Infrastructure Committee / Energy and Commerce Committee / Natural Resources Committee) Legislation Considered Under Suspension of the Rules: 1) H.R. 271 - Resolving Environmental and Grid Reliability Conflicts Act of 2013 (Sponsored by Rep. Pete Olson / Energy and Commerce Committee) THURSDAY, MAY 23RD H.R. 1911 - Smarter Solutions for Students Act, Rules Committee Print (Subject to a Rule) (Sponsored by Rep. John Kline / Education and the Workforce Committee) FRIDAY, MAY 24TH |
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