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Detailed text transcripts for TV channel - MSNBC - 20110526:05:27:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110526:05:27:00

Higher administrative costs than medicare. so if they're all about cuts, all about savings, how sdis sd this fiscally make any sense when it comes to the bomt line? >> it doesn't make any sense. it's just the whole idea they are trying to sell that if it's privatized, private industry, private companies can do a better job than the government. but that's just simply not true. and i think he's right. i think when the public starts to look at his plan and also take a look at what the private insurance industry has not been able to do, i think they will realize that his plan does not save any mon...

Detailed text transcripts for TV channel - MSNBC - 20110526:02:26:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110526:02:26:00

Talk about it to the medicare system? >> well, i think he's trying to get us into a game of semantics. what it is is a plan that would begin privatize the program. it would -- the government would pay premium dollars to private insurance companies. premium dollars coming and also coming from american taxpayers. they would be capped at a certain amount so over the course of time, you would be facing that senior citizens would be paying far more out of their own pockets than they are now. >> so the congressional budget office is saying ryan's plan would do less to contain the growth of health ca...