Regulating Insurers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Involved. in 1965, we spent $210 a year per capita on health care. in 1965 medicare and medicaid started and a huge infusion of tax dollars just started to cause all kinds of excesses in the cost. and it's never gone down. >> the pharmaceutical companies, you know, that's 12% of the total budget. a full 33% of the total federal budget, $1 trillion, is spent on hospitals, right? large, nonprofit academic medical centers are the folks that are kwlo, you know, when yt a bag of saltwater, saline in the e.r. that's a $1,000. >> or a $10 tylenol. >> what gives you the confidence this bill is the sta...

Costs. regulating insurers and expanding coverage to tens of millions of americans. sebelius says some g.o.p. ideas have been incorporated into the plan, but republicans remain united against the bill saying it amounts to a government takeover. >> american people have been deeply involved in this debate. what do they see? they see a bill that cuts medicare by half a trillion dollars. it raised taxes about half a trillion dollars and that almost certainly will raise the cost of insurance for those on the individual market. >> g.o.p. support, democrats may end up using a procedure known as recon...