The CPCs Peoples Budget repeals the excise tax on highpriced workers plans. removes the prohibition barring CMS to negotiate lower prescription drug prices for Medicare recipients. and reauthorizes the Childrens Health Insurance Program. Mr. Chair. because the Peoples Budget is for all persons in our country. it adopts comprehensive immigration reform and welcomes the substantial economic benefits it will generate. Everyone knows that our current outdated immigration laws have failed workers. families. businesses and increasingly. our nations immigrants. Employers are unable to hire the workers they need. Immigrant workers are exploited. Families trying to reunite legally are separated for many years. and millions of individuals are forced to live in the shadows. The Peoples Budget helps immigrants integrate into American society and participate in the economy by becoming entrepreneurs. small business owners. innovators and future job creators. With comprehensive immigration reform. the federal budget deficit will be reduced by $197 billion over the next decade and $700 billion over the next 20 years according to a report by the nonpartisan Congressional Budget Office. Mr. Chair.
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