Detailed text transcripts for TV channel - MSNBC - 20131115:

Detailed text transcripts for TV channel - MSNBC - 20131115:08:02:00

fact that the status quo before the affordable care act was not working at all. >> crucial point that has gotten lost in the coverage over the last month. that part of the speech, the fumble the ball part, that's what got the headlines. but the most important thing that happened today was president obama marking a new chapter in the tempestuous frenemy-like relationship between the health insurance industry and his administration. from the very beginning, this has been one of the most complicated relationships in all of politics. up to and including the creation of the affordable care act, the insurance companies said they were on board with reform. they were also simultaneously funding the opposition. largest health care lobbying group in the country spent a total of $102.4 million in just 15 months to prevent obama care from becoming law in the first place. the obama administration and the health insurance companies viewed each other with deep skepticism, often outright hostility, and had deeply different priorities. but in the end, they needed each other and they probably still do. but the rollout of the affordable care act, insurance

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