Page 3 - Cost Problem News Today

Of going after social security, and we have to, i think, set it aside. medicare is a more complicated problem because we have a health care system in this country thats immensely expensive, way too expensive, somewhere between $700 billion and $1 trillion a year by most standards, and 40% of that washes back through the federal budget. my position is that if were going after the old folks on medicare and cutting their benefits, if were going after the families who have a disabled child who could...

Too expensive, somewhere between $700 billion and $1 trillion a year by most standards, and 40% of that washes back through the federal budget. my position is that if were going after the old folks on medicare and cutting their benefits, if were going after the families who have a disabled child who couldnt take care of them if it wasnt for medicaid and were not dealing with the overall cost problem, then we are really disgracing ourselves. i had this conversation with senator simpson in the bud...

Of the new plow. >> now they have given more than thousand free passes to favored groups. biggest single waiver was for the united federation of teachers. >> if this was such a good law why do they give waivers to those that kiss them. >> the administration is taking a look at individual circumstances where major change needs to be made by 2014. >> john: sounds like a scam. >> i think that is misinterpretation of what is happening. >> john: and then, there is the cost problem. >> my proposal wou...

>> now they have given more than thousand free passes to favored groups. biggest single waiver was for the united federation of teachers. >> if this was such a good law why do they give waivers to those that kiss them. >> the administration is taking a look at individual circumstances where major change needs to be made by 2014. >> john: sounds like a scam. >> i think that is misinterpretation of what is happening. >> john: and then, there is the cost problem. >> my proposal would bring down the...

Health care system. >> of course, senator mcconnell admitted that the republicans have no alternative whatsoever. and i find it deeply ironic that one of the plaintiffs in this case who is a plaintiff against the individual mandate because she wouldnt need it has declared personal bankruptcy because of medical expenses she couldnt meet. you know, 55% of all personal bankruptcies in this country are because of medical expenses and 75% of the people go bankrupt have insurance but inadequate insura...

Round trip ticket are up because of the higher jet fuel cost. but what nellis what other sectors of the travel industry go up in price? >> anything related to a discretionary spending. we are coming in the spring break time of year. people want to take vacation. college kids want to take vacation. that will diminish. hotels. any entertainment and anything you do with the extra money will get hit. cruise lines. hotels, resorts, they will take a hit. not only on the top line but the bottom line as...

Expect the kind of services and support from the government that they paid for, and that sustain the middle class. look, medicare is a terrible cost problem in the long term. mcconnell said he also wants cuts in the short term, but hes -- you dont solve the medicare problem by cutting benefits. you solve it by doing the things that mitch mcconned is refusing to do in terms of for-profit health care and hospitals and the way our system is structured. hes not having a serious discussion. >> but ma...

Budget office is the liar. >> cbo has it both ways. they say, calculating the debt this way and the deficit this way. >> thats the way the cbo has always done it. >> you can make the case that because your spend is a six year window and your taxes are a ten year window were not dealing in reality. whether or not this is precedent question is a different question. >> the biggest is -- there are solutions to health care that are not in this bill, have not been part of the debate. i was a big advoc...

Subsidize the uninsured and they know it. if you require everybody to carry insurance, as a republican governor of massachusetts required, what did you find? you find that people are increased in their coverage and cost foss businesses go down. moreover, i just want to put this to my republican friend brent over here, were within witnessing a division, a rift, because you have insurance companies say, whoa, were seeing insurance subscription rates increase, we kind of like this. thats why the re...

Our health care costs are way out of line with the rest of the world, and the projections get even more out of line in coming decades. >> we have a medicare cost crisis, but its even more true that we have a national health cost crisis. we cannot solve the medicare cost problem unless we solve the problem of cost for all of our nations health care. >> people want health care, and the average cost is rising very, very rapidly. >> this country spends more per person on health care than any other c...