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John Cornyn: “It's going to increase taxes by $518 billion.”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Floor Speech on Health Care Sunday Evening 12-20

Published | Video Starts at 03:00

And that trust fund is going to be pilfered, robbed in order to create a brand new entitlement program that the beneficiaries of that entitlement program never paid for like the beneficiaries of Medicare. That's one part of this. We also know It's going to increase taxes by $518 billion. Well, we already know that President Obama's promise that people making less than $250,000 a year, that that promise will not be kept under this bill and that this bill, … (03:00–03:04)

CLAIM

Asserts that the healthcare bill will raise taxes by $518 billion.

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