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October 18, 2011
>> greta: nobody is paying into the fund. >> 6 million people. mostly union members have gotten a waiver from the mandates created by obama health care because they cost so dang much money. medicaid expansion. governors are saying you are going to bankrupt my state if medicaid expansion goes in effect under obama health care. bill coming unraveled. the class act was a bad idea. thank god its not going to ever happen. >> greta: thank you, sir. champion racer killed in a massive pileup. you will s...
October 18, 2011
Action. class act. >> community living services and supports. what it is is that you could buy health care through the federal government to help you live at home when you got sick. >> greta: lets say 20 years from now. i pay from now 20 years from now when i need it i could draw down on it? >> exactly. the federal government wont have the money in 2029 to pay your claim. >> greta: meantime what would they do when the money i pay now. >> use it to owe pay for obama health care. thats why its pon...
October 18, 2011
Money to pay somebody that gave me money the week before and there is really nothing there other than people passing money around. the class act was the government selling insurance in a way its never sold before. a new entitlement and only the sickest people in the country would sign up for it first 10 years collect $78 billion in premiums. that 78 billion was being used by the obama administration to pay for obama health care as a system. 2029 the cbo says the class act comes unraveled and you...
October 18, 2011
Class act was a ponzi scheme. this was a democratic senator. john thune and myself introduced legislation the day after obama health care was signed in law saying repeal the class act. new entitlement add hundreds of billions of dollars to the deficit over time. here is the problem. if we knew then what we know now that this thing wont work and the 78 billion they counted on to pay for obama health care wasnt on the table, then you could never say obama health care was deficit neutral. this is a...
October 18, 2011
Math gives you something to you straight. i feel something coming on. it might be a torturee tortureed metaphor. this is government equivalent of 10-year-old girl not getting a pony for christmas. she was promised this. it was great to dream about. but at the end of the day they realize they cant afford it, it wont fit in the backyard. kathleen sebelius is the 10-year-old. reality is the parent. >> dana: one of the things that happened was that when they said it was paid for, this was, it gave c...
October 18, 2011
Class act was a ponzi scheme. this was a democratic senator. john thune and myself introduced legislation the day after obama health care was signed in law saying repeal the class act. new entitlement add hundreds of billions of dollars to the deficit over time. here is the problem. if we knew then what we know now that this thing wont work and the 78 billion they counted on to pay for obama health care wasnt on the table, then you could never say obama health care was deficit neutral. this is a...
October 18, 2011
National health care what is the class act. >> class act was an attempt to raise money to pay for obama health care. >> greta: national health care bill or separate from. >> part of the obama health care. class act would allow the federal government for the first time ever to get into long-term health care insurance business. you can buy long-term health care now. the federal government was going to sell it as a new entitlement and the money collected in policeman yums for the first 10 years of ...
October 18, 2011
Well find out in the course of the election, because both sides asked for quick opinion from the supreme court. they didnt want to wait to rule on the constitutionality of the whole law and the mandate. it is interesting that the white house came to the conclusion they want a quick decision. they want to be the ones to pick up the pieces of this thing over. >> bret: yet, in this particular thing on this class act, the white house seems to want it both ways. to not actually repeal it by law, but ...
October 18, 2011
Money to pay somebody that gave me money the week before and there is really nothing there other than people passing money around. the class act was the government selling insurance in a way its never sold before. a new entitlement and only the sickest people in the country would sign up for it first 10 years collect $78 billion in premiums. that 78 billion was being used by the obama administration to pay for obama health care as a system. 2029 the cbo says the class act comes unraveled and you...
October 18, 2011
Susan sarandon calls someone a nazi. well have that and much more. "the five" starts right now. ♪ ♪ >> dana: to the top story, it seems is there is some divide in the issue about healthcare provision that president obama put in healthcare reform. let me set it up for you. last friday, the administration said it would be pulling the plug on what is called the class act. this part of the bill was to offer affordable long-term care to elderly and disabled. but now, the president himself is sayi...