For Immediate Release
Patriotic Millionaires on Senate Health Care Bill: "Morally Bankrupt"
"Taking health care away from millions of Americans just to give millionaires, billionaires, and health insurance companies a huge tax cut is un-American and cruel."
WASHINGTON - This morning, following the Senate's release of its secretive health care bill, the Chair of the Patriotic Millionaires Morris Pearl, former managing director at BlackRock Inc., issued the following statement:
"This so-called health care bill is appalling. It is morally bankrupt. Not only that, it will result in countless Americans becoming literally bankrupt, unable to support themselves, participate in the economy, or afford basic medical care. Taking health care away from millions of people just to give millionaires, billionaires, and health insurance companies a huge tax cut is un-American and cruel. As wealthy Americans, we want nothing to do with a tax cut, one that we don't need, that comes at the expense of millions of other Americans. If the members of the Senate are concerned about what is best for all of their constituents, not just their wealthy donors, they will do the right thing and reject the Better Care Reconciliation Act."