Page 24 - 115 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

I would say it is important to look at health care, the palmer amendment added $15 million, the base, $115 billion, all of which were designed to protect people. i think while insurance premiums would go up, the high risk bills are there to protect the premium ts. so i think the debate has a long way to go. >> you were pretty critical of your former south carolina colleague nick mulvany that they put out in the budget that claimed the budget in three years. >> you heard stan colander at the tail end there, his explanation of it. how unrealistic do you think this number is? >> completely unreal...

Arms deal, over the course of the last eight years in the obama administration, there were about 42 deals amounting to $115 billion worth of arms deal. so it's not exactly unprecedented. what's unprecedented is doing it all at once. but to your question about terrorism, sauddy is key to that night, the speech tomorrow i'm sure all eyes are going to be on that. whether he says the magic words that all of his base wants him to say. >> radical islamic terrorism? >> exactly. and so what i've heard as of yesterday was it wasn't in the speech but obviously the white house, as you reported and your c...

Committee. but with the two amendments that came, i thought it was worth forwarding so we could have this debate in the senate. i suspect you're quite right, that what we see coming out of the senate may be quite different than what we saw coming over that way. >> one of those amendments adding $8 billion to the high risk pools over the span of five years, experts have said that that does not come close to being enough to cover those in those pools. >> well, that's not all the money that's there. you have $130 billion overall within the bill, and $15 billion specifically. and so this was $8 bi...

This morning said the votes are in and it's going to pass. >> i think the votes are there and it will pass later this week. it's close but i think it will pass. >> help me understand, are preexisting conditions going to be covered? the president says they're going to be covered beautifully. we got you. i've mandated it. having access -- >> there's $115 billion in the legislation. first of all the legislation specifically says preexisting conditions are covered. $115 billion in the bill for states to set up these safety net provisions that we call high risk pools. so yes, that is in the legisla...

I'm glad to hear that. now, this high risk pool, i've seen numbers 120 to $130 billion. where is that money coming from? >> well, it's coming from the federal government. i've been told a number is $115 billion over ten years, but it's to help, you know, what we're trying to do is get lower premiums to the individual person, more choice through a market approach where different companies compete for your business and the kind of coverage that you actually want. >> all right. i'll go with your number, 115 billion. let me go back to where do we get the money? i mean, we have maybe a government s...