Editor's note. These remarks were prepared for a press conference held yesterday.

When the legislative text of ObamaCare was finally revealed a few weeks ago, it became absolutely clear that Congress had before it yet another bailout proposal.

This bailout, however, was not for an industry that makes loans to business or to big car manufacturers, but a massive bailout to a nefarious industry that systematically dismembers and chemically poisons to death innocent children, all while inflicting serious, often irreparable harm on women.

ObamaCare is the Abortion Industry Bailout Act of 2009.

ObamaCare will force every taxpayer and every insurance premium payer to pay for every abortion in America.

Huge new government subsidies for abortion under the so-called "public option" will be coupled with massive taxpayer subsidies for abortion coverage through affordability credits. This enormous funding stream, combined with abortion mandates in private insurance will cause the number of dead babies and wounded mothers to skyrocket.

On April 2, Secretary Sebelius said "most private plans do not cover abortion services except in limited instances."

That radically changes under the Obamacare abortion mandates.

The legislation vests new, sweeping powers in an Obama-appointed committee tasked with establishing "essential health benefits" that all plans must include. NARAL's president said, "if indeed we can advance a panel or commission, then I'm very optimistic about reproductive health care being part of the entire package."

Unless the legislation explicitly excludes abortion by amendment, abortion will be forced on every health plan in America.

On Sunday, in a John King CNN interview, Speaker Pelosi was asked "Should the public option cover abortions?"

In the course of a minute, the Speaker said four times "that's not the issue."

With all due respect for the Speaker of the House, this IS the issue. Speaker Pelosi also said "that people will be treated the same in a public option as they are in a private option…"and that we need to be "respectful of full reproductive health care..."

Full reproductive health care is a euphemism for abortion on demand. In 2007, Mr. Obama told Planned Parenthood that "reproductive care is essential care…insurers are going to have to abide by the same rules by providing comprehensive care, including reproductive care…" An Obama spokesman told the Chicago Tribune this meant abortion.

On April 22, in response to question I posed, Secretary Clinton said 'reproductive health includes access to abortion."

Pro-abortion organizations believe they are on the verge of the biggest expansion of abortion ever.

The President of the Religious Coalition for Reproductive Choice said, "Let there be no mistake, basic healthcare includes abortion service."

Some in Congress are now trying to cobble together a phony "compromise" on abortion mandates, and abortion funding. While we have yet to see the language, please beware.

If past experience is any guide, if past is prologue, as it so often is, we need to be exceedingly wary and alert concerning bogus legislative language that purports to be pro-life.

If we lose this fight or accept inferior, ineffective legislative language, millions of babies--who otherwise would have been born--will die and millions of mothers will be wounded.

Again, passing airtight language is paramount.

Part One