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They're going to get pooled with a lot of other people. that's why -- >> jim, is that a better deal or -- final word, is it a better deal or not? >> much worse deal. people today, if they're young and healthy can get relatively inexpensive insurance in the open individual market. you're right about income redistribution, though. if you think about it, it's $250 billion a year in medicaid expansion, in the subsidy structure, that's basically being paid for by people on medicare, through medicare cuts, and a lot of tax increases. if you want to know what the bill is really about, people in their...

They're going to get pooled with a lot of other people. that's why -- >> jim, is that a better deal or -- final word, is it a better deal or not? >> much worse deal. people today, if they're young and healthy can get relatively inexpensive insurance in the open individual market. you're right about income redistribution, though. if you think about it, it's $250 billion a year in medicaid expansion, in the subsidy structure, that's basically being paid for by people on medicare, through medicare cuts, and a lot of tax increases. if you want to know what the bill is really about, people in their...

Or face a penalty. the problem with obama care yes, technologically things can be packed and fixed and rebooted. you cannot fix some the laws broken economic incentives. that's why the subsidy structure is so complex. late in the game decision from the administration to force people to give their personal information, including income before seeing any prices this plans is add toghtd complication. but those subsidies are not going to work in the long run to lower costs. >> we understand insurers are getting some of the wrong data from obama what care. what exactly are they getting in addition ...

Now, what is going to happen is the farm bill is supposed to expire at the end of this year or just along with everything else. and there had once been hopes it would be included in some sort of grand bargain with the house and senate. the senate was working on one bill and the house on another type of bill and they never agreed so that is out of the picture. the problem here is the existing farm bill has a clause if it is not renewed if there s no new farm bill passed, then prices will revert to the subsidy structure that existed in 1949. it was double the amount of sub is sidisubsidies that ...

Now, what's going to happen is the farm bill is supposed to expire at the end of this year, along with everything else. there had once been hopes it would be included in a grand bargain with the house and the senate. but the senate was working on one bill, house was working on another type of bill. they never agreed. that's out of the picture. the problem is, the existing farm bill has a clause in it that if it is not renewed, if there is no new farm bill passed, prices will revert to the subsidy structure that existed in 1949. it was double the amount of subsidies that exist today. the price ...