For Immediate Release
July 18, 2017
Treasurer Torsella Responds to Health Care Bill Collapse
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today applauded developments that a vote on the Better Care Reconciliation Act (BCRA) has been shut down due to a lack of support from enough U.S. Senators to bring the bill to the floor.
“Today’s developments provide some hope that commonsense may still exist in Washington. The BCRA was a cruel attack on Pennsylvanians, and was fiscally dangerous to the commonwealth by taking a wrecking ball to our General Fund.
Since the bill’s introduction, Pennsylvanians have been alarmed by the destruction the BCRA would cause through the elimination of critical funding for Medicaid and simultaneous increase to the commonwealth’s deficit. More than 700,000 Pennsylvanians have received coverage since Governor Wolf expanded Medicaid in our state. These are our family, friends and neighbors, and the elimination of Medicaid would have destroyed their ability to have access to even the most basic care. All Pennsylvanians should have access to medical coverage regardless of pre-existing conditions. Anything less is the reckless disregard for human life.
A full repeal of the Affordable Care Act (ACA) would result in millions of Americans losing coverage, good-paying jobs, and critical protections. The Senate not having the votes to move BCRA ahead is a clear indicator that our voices are being heard. I urge Pennsylvanians to remain vigilant."
Pennsylvania Treasurer, Joe Torsella
Heidi Havens, (717) 787-2991 or email@example.com
The Pennsylvania Treasury is an independent department of state government led by the state treasurer, who is elected every four years. The department's primary duty is to safeguard and manage the state's public funds. It invests state money to generate income on behalf of the citizens of Pennsylvania, reviews and processes payments for state government agencies, and serves as custodian of more than $100 billion in state funds. Key Treasury programs include Unclaimed Property, PA 529 College Savings Program and the Board of Finance and Revenue.