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February 7, 2014
Police say so far everyone is being cooperative. family and friends gather here in new york today to say good-bye to philip seymour hoffman. co-stars and fans paid their respects at a wake last night. hoffmans death, from an paerpt overdoergs has helped put national attention on the heroin epidemic. health officials in vermont confirmed three people died last month with the potent painkiller fentanyl was sold as heroin. looks like more than a million out of work americans wont have their lon...
February 5, 2014
Obamacare works is they give you a subsidy for an insurance plan. as you make more money, they take away more and more of the subsidy. this creates effectively a tax with people on low and moderate incomes. as they earn more money, they lose part of the subsidy. it adds on 5%, 10%, 15% to their tax rate. some people will work less. thats not a desirable economic effect. tweak the program to have less of that effect. any kinds of means tested entitlement plan -- >> any means testing in entitlemen...
February 5, 2014
Programs, not when obama did, but when they did the welfare reform act, there were very few people getting welfare checks. >> youre letting it grow exponentially without any test to decide whether or not it should be grown. if things are getting better in the economy like president obama likes to talk about, why is our welfare spending and all of the other redistribution of wealth programs expanding. >> women and infant children, money has gone down. head start money has gone down. what youre ta...
February 5, 2014
The economy. on the other hand, part of this effect is because the way obamacare works is they give you a subsidy for an insurance plan. as you make more money, they take away more and more of the subsidy. this creates effectively a tax with people on low and moderate incomes. as they earn more money, they lose part of the subsidy. it adds on 5%, 10%, 15% to their tax rate. some people will work less. thats not a desirable economic effect. tweak the program to have less of that effect. any kinds...
February 5, 2014
Obamacare works is they give you a subsidy for an insurance plan. as you make more money, they take away more and more of the subsidy. this creates effectively a tax with people on low and moderate incomes. as they earn more money, they lose part of the subsidy. it adds on 5%, 10%, 15% to their tax rate. some people will work less. thats not a desirable economic effe effect. tweak the program to have less of that effect. any kinds of means tested entitlement plan -- >> any means testing in spite...
February 4, 2014
Do you consider that welfare in. >> i think unemployment insurance going from 26 weeks to 98 weeks and then maybe further is a redistribution/welfare program. almost tripling the food stamp program is a welfare program. if you are expanding the redistribution. you take the people who are earning and give to the people who need it. >> we have a semantics problem. >> if you look at what he was rooting for with immigration reform, that was going to create another problem of additional unle independ...
January 29, 2014
President is in trouble with fact checkers tonight. the number of people enrolled in his health care law thanks to obamacare. listen. >> already because of the affordable care act more than 3 million americans under age 26 gained coverage under their parents plans. more than 9 million americans signed up for private health insurance or medicaid coverage. >> our fox news politics editor and host of "power play" weve been through this, chris. >> its just not true. and the president knows it or oug...
January 29, 2014
Just a moment, but first, the president is in trouble with fact checkers tonight. the number of people enrolled in his health care law thanks to obamacare. listen. >> already because of the affordable care act more than 3 million americans under age 26 gained coverage under their parents plans. more than 9 million americans signed up for private health insurance or medicaid coverage. >> our fox news politics editor and host of "power play" weve been through this, chris. >> its just not true. and...
January 14, 2014
And as you said, a lot of those people are receiving subsidies anyway. its turning into a massive welfare program. and a really expensive one. at the end of that, when that all becomes clear, and its happening pretty quick, youre going bailout. there is no other option. thats why legislation has already been offered up in congress to prevent that. it wont pass because they need it. >> the administrations take, julie, is that they are squeaking by the death spiral threat and that they think by ma...
January 14, 2014
All over the country. >> all right. now, i suppose testimony that americans are sitting there watching this tonight say whoa im glad i dont live in maine where that is happening. is that all just state money or is there federal money in that which of course means the rest of us are helping to pay this. >> the money comes from the temporary assistance for needy families program which is funded mostly through a federal block grant. taxpayers across the country have been paying for this. >> its int...