Full Transcript of Pelosi Press Conference on Health C...(health insurance exchange in the first y...),Health

Instead of spending more than 10 percent of my payroll in insurance coverage, I could save more than $11,000 by paying 2 percent and allow my employees to buy the coverage they want in the exchange.

At least two of my employees would qualify for affordability credits to help pay for their coverage, but these employees are like part of my family, and if I choose to continue to provide coverage for them through the exchange, my business will qualify for a tax credit half the cost of the coverage.

In closing, I want to make one final point: As a small business, the cost we truly can't afford in health care is the cost of doing nothing. We need health care reform. We need more choices. And we're willing to contribute our fair share. We're looking to Congress for leadership on this issue. Thank you.

Speaker Pelosi. Thank you Phil, Diane, and Tammy for your very eloquent presentations. Your presentations are more persuasive than anything we can say in terms of the provisions of the legislation, by speaking directly to why we need this health care reform and how it would affect you, very directly.

It's very exciting for us. This is why many of us have come to Congress and have been involved in public service to begin with. I'm very proud to be standing here with Steny Hoyer and Jim Clyburn, and John Larson and representing Democratic Leadership in the House to say that we hear what you are saying and we promise you that working with the President, we will have health care reform, and we will have it this year.

With that in mind, I will be pleased to take any questions you have. Any questions for our guests or the leadership?

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