Page 13 - Deficit Neutral News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Money to pay somebody that gave me money the week before and there is really nothing there other than people passing money around. the class act was the government selling insurance in a way it's never sold before. a new entitlement and only the sickest people in the country would sign up for it first 10 years collect $78 billion in premiums. that 78 billion was being used by the obama administration to pay for obama health care as a system. 2029 the cbo says the class act comes unraveled and you would have to bail it out. and that's why last friday somebody in the obama administration said we...

National health care what is the class act. >> class act was an attempt to raise money to pay for obama health care. >> greta: national health care bill or separate from. >> part of the obama health care. class act would allow the federal government for the first time ever to get into long-term health care insurance business. you can buy long-term health care now. the federal government was going to sell it as a new entitlement and the money collected in policeman yums for the first 10 years of the program were going to be used to pay for obama health care to cover the uninsured. the "the wash...

>> good to see you. have a great day. from studio 7, i'm fredricka whitfield in for suzanne malveaux. let's get you up to date for this wednesday, september 7th. in texas, more wildfires break out as the state battles its worst fire season on record. at last count, 22 new fires are burning. those and dozens more have scorched 120,000 acres in the last week. and across the state, four people have died and more than 700 homes have burned. for many people who have evacuated, there is heartbreak when allowed to go back home. >> my heart is pounding. it's pounding so hard right now becaus...

To implement it that's fine as long as you cover the same amount of people and it's deficit neutral. the conservatives said that's good for states who don't love this healthcare law. then we get a report that behind the scenes two of the top advisors were having an off the record call with some on the left saying don't worry. what this is going to do is allow you to implement single-pair healthcare systems like the one bernie sanders wants in vermont which is government-run, single pair that would look a lot like the canada system. >> reporter: you have to go to the beginning and ask yourself ...

>> reporter: democrats argue this is necessary to save teachers. republicans argue it only makes states dependent on the feds. there are unspent education funds from last year's stimulus. if that hasn't been spent, they ask, why spend even more. megyn: the senate went to some lengths to make it appear to be deficit neutral. is it? >> reporter: he couldn't pass a bill in the senate would you tell finding offsetting costs to supposedly cover the cost, but there are doubts about them. they will save $12 billion by reducing an increase in food stamp benefits beginning four years from now which was...