Page 2 - Subsidy Side News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What you're seeing in d.c. is everybody loves the spending half and everybody's scared to death of the other half where you raise revenue. chris, i don't want to be cynical about the sincerity of the deficit hawks in the senate but -- >> never. >> but it's peculiar that the ones that are the loudest about their deficit concern are the very ones lining up behind the most expensive, unpaid-for energy bill you can ever imagine. >> two things come to mind. one, can we go after the subsidy side of it? is there a way to try to -- to strip out -- if we're going to not put a price on carbon, at least ...

>> i want to get to yes. the way to get to yes is fix the underlying problems. lower premiums and i'll be part of it. we can get there. a lot of other senators that feel the same as i do. >> senator paul elaborated on his opposition a few moments ago with neil cavuto. >> conservatives want a repeal bill. i want a bill that looks like, feels like and is a repeal bill. my fear is when i look at this, i keep reading it. it sounds like obamacare to me. doesn't sound obamacare light. some could be on the subsidy side. we can't have a bill that spends more than obamacare in the first couple years an...

I keep reading it and it sounds like obamacare to me. doesn't sound like obamacare light. could be obamacare plus on the subsidy side. we can't have a bill that spend more than obamacare and call it a repeal bill. so yes, we should be for repeal, but we also have to have sufficient confidence in capitoli capitolism, competition and free markets. i don't think we do. we're replacing it with here's a little obamacare, another little obamacare. we don't believe the market will work because what we're doing is the death spiral that we talked about so much, we're dumping a bunch of federal money in...

We need have to have less of the cost shift to the state and more of the subsidies focused on the low income. >> where does the money come from then? they have gotten rid of some of the tax revenue that they had raised in obamacare. in the affordable care act, which that was making up some of the money where they got the subsidy now they're doing tax credits. where do they get the money to increase the tax credits. do you want to see it done by income instead of age? >> the cbo numbers indicates there is a savings under the house plan. so that's good news. but let's just readjust those numbers...

To those people and have those people reenroll by december 3rdrd. do we think that is going to happen? >> let's break this down. this is supposed to be a state of the art high-tech system. first you may have to mail in your application because the web site doesn't, would. then your insurer is going to have to check each application by hand then you still have to place a phone call. >> then on the insurance subsidy side making your premiums more handleable they are asking president insurance companies to estimate what kind of subsidy each enroll lee is going to get. thank you for being here. >>...