Sacramento – Today, the Assembly Committee on Appropriations advanced Assembly Bill 1400, a measure that creates a government-run single payer healthcare system. To implement this measure, an estimated $163 billion in new taxes will have to be imposed each year. Vice Chair of the Assembly Committee on Budget, Vince Fong (R-Kern County) issued the following statement:
“Disregarding the estimated $391 billion price tag, Sacramento Democrats pushed a government-run health care system to the next step.
“With so many unanswered questions remaining, this proposal remains fiscally irresponsible and poor public policy.
“The jaw-dropping price tag of this singular program is more than the entire budget proposal of $286 billion proposed by the Governor.
“The only way Sacramento Democrats attempt to pay for this government-run health system is with a $163 billion in new taxes on every Californian – an estimated $12,250 per household.”
Assembly Bill 1400 now moves to the Assembly Floor for its consideration.
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