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Detailed text transcripts for TV channel - CNN - 20171115:10:33:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20171115:10:33:00

Deficit savings, money that republicans in the u.s. senate if they want to pass this bill with a simple majority vote will need for their proposal. they made very clear, they searched high and low, this is the best way for them to get such a large chunk of money, for several wary republican members in the senate, providing more options on they thinks like boosting up child tax credit, lowering the individual rates for middle class, those are now options on the table because of that 338 billion. make no mistake act it, democrats seized on this issue, they're trying to rally the grass roots like...

Detailed text transcripts for TV channel - CNN - 20171115:17:18:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20171115:17:18:00

The senate pass this bill with the repeal of obama -- of the individual mandate of obamacare. >> reporter: when i heard about this yesterday when this was about to break, myself and all of my colleagues up here made a bee line to three senators, john mccain, lisa murkowski, susan collins the three senators who sank the repeal and replace evident and the three senators that would be key whether this was going to be a major problem. senator john mccain said no. senator susan collins concerns but no outright no. senator murkowski concerns, but not outright rejection. that matters. that means sena...

Detailed text transcripts for TV channel - CNN - 20171115:00:19:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20171115:00:19:00

Insurance. let me explain why that is happening. it also includes $338 billion in revenue because of that repeal. and that's why this is happening. republican leaders have made clear, while this might not be something they want to do, might not be politically advisable, as they try to push this bill forward and make things like the corporate tax rate cut permanent, try to add relief to middle class taxpayers they need money and need the money if they want to pass this on a simple majority vote. that's money they will have to get no matter the political dangers, erin. >> so, phil, look. as you ...

Detailed text transcripts for TV channel - CNN - 20171115:14:06:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20171115:14:06:00

Health insurance or you pay a hefty penalty. if that's goes away, what do you get? >> you get a subsidies to help for the health care, too, so you are fined if you don't get it and you are subsidized if you do get it. premiums will go up 10% year after year after year, and the first year, maybe 4 million uninsured. these will be young healthy people that decide to get out. here's where the math helps the tax bill because it adds $338 billion over ten years to pay for the tax cuts. what do the tax cuts look like for the middle class, all of them down a little bit. these are the proposed middle ...

Detailed text transcripts for TV channel - CNN - 20171115:11:05:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20171115:11:05:00

Rates. we'll discuss corporate tax rate reduced to 20%. now, this big curveball of taking the mandate out, repealing it as a way to achieve health care, that is going to have impacts. what are they? put up the full screen. it will give them more money. it will reduce the deficit by $338 billion. it's going to raise average premiums by approximate 10%. and then there's the big ticket for democrats. 13 million fewer insured over 10 years. david gregregor gregory, what is the top line analysis how this works for republicans and how it challenges democrats? >> well, the math works better. they're ...