“Green Mountain Care is not a fully developed proposal… I am very concered that we will establish an entitlement program and be unable to control the costs…
“Another problem with having this uncertain comittment out there — not going to be fully developed for several years, not going into effect until 2015 — is the level of uncertainty that it creates. Uncertainty is the worst thing for economic activity. It is the worst thing for a business thinking abut whether they should invest in expanion or hiring more workers or building a new plant. Uncertainty about taxes is particularly bad…. In this case we are creating massive uncertainty about exactly what the tax structrue will be that will finance this program….
“So the uncertainty abut the benefits the coverage the costs the tax structure, the uncertainty to our businesses I feel will have a very very detrimentaleffect on our economy, to the growth of the economy, and the creation of jobs….”
Rep. Browning’s amendment was defeated at 11:02 pm by a vote of 53-84. Common sense be damned.