OFFICE OF REPRESENTATIVE ANNA G. ESHOO (CA-14)
For Immediate Release Contact: Ben Bradford
Sunday, March 21, 2010 (202) 225-8104
Rep. Eshoo’s Statement on the Passage of Historic Healthcare Reform
Washington, D.C. – Rep. Anna G. Eshoo (D-Palo Alto), a senior member of the House Energy and Commerce Committee, and the Subcommittee on Health, released the following statement about today’s vote on healthcare reform:
“More than a century has passed since Teddy Roosevelt first called for healthcare reform. Today we have finally kept our promise to the American people that they will have affordable health insurance which they cannot lose or have taken away from them if they become ill.
“The U.S. spends more on healthcare than any other country in the world and the costs are crippling to our economy. This legislation will reduce the deficit by a whopping $143 billion over ten years and $1.2 trillion over twenty years, the single largest deficit reduction plan in 25 years. It will eliminate discriminatory insurance practices and it will open the insurance market to millions of Americans who have been priced-out.
“I believe that by voting for this legislation, I am standing no the right side of history. Our achievement is also a tribute to Senator Edward Kennedy. His unwavering commitment to decent healthcare for all Americans paved the way for this landmark legislation and today’s historic vote.”
See Eshoo's comments in the press release below on her vote to increase student aid.
Washington, D.C. – Today Rep. Anna G. Eshoo (D-Palo Alto) voted for and the House of Representatives passed the Student Aid and Fiscal Responsibility Act as part of the health insurance reform package.
“This is the largest single increase ever made to student aid funding, and as such, it is historic,” Rep. Eshoo said. “This bill renews our commitment to our children and eases the cost of college for students and their families, lowering the debt of graduates, and strengthening community colleges and early learning programs.”
The legislation increases funding for a variety of scholarships and student loans, including the Pell Grant scholarship and the Perkins Loan program, and updates the method by which loans are administered. It will lower the interest rates on need-based loans and convert all new student loans, starting in July 2010, to the cost-efficient Direct Loan program which is not affected by changes in the financial markets. The bill also encourages expanded educational opportunities by supporting community colleges, workforce programs, online training, and adult education.
“We owe our children the opportunity to be successful, and this begins with an affordable, world-class education,” Rep. Eshoo said. “This bill widens the door to that opportunity.”
The bill complies with the House “PAYGO” requirement, a provision in the House Rules which stipulates that legislation passed by the House cannot increase the federal deficit. The legislation actually exceeds this requirement and will reduce the deficit by $10 billion over 10 years.