GOOD IDEA TO RESTRUCTURE A SIXTH OF THE AMERICAN ECONOMY WITHOUT
HOLDING A SINGLE HEARING? >> WHAT WE KNOW IS THAT'S THE
ONLY ONLY AVAILABLE TO US RIGHT NOW.
WE'RE PROCEEDING FROM WHERE WE ARE TODAY.
THERE'S A LOT OF US THAT WOULD HAVE THOUGHT EARLIER THAT
HEARINGS WOULD HAVE BEEN APPROPRIATE BUT BECAME A MATTER
OF TIMING. WE HAVE UNTIL THE END OF
SEPTEMBER IN WHICH TO UTILIZE THIS PARTICULAR RECONCILIATION
VEHICLE. SO WE CAN ARGUE ABOUT WHETHER IT
IS THE RIGHT MOVE NOW. IT IS THE POSITION WE FIND
OURSELVES IN. I DON'T HAVE THE POWER BUT YOU
DO. IT IS VERY STRANGE TO ME TO
WATCH MEMBERS OF THE SENATE COMPLAIN.
JOHN McCAIN, I WANT TO READ A PORTION OF.
THIS HE SAID IT IS COMING ONE A PROPORTION BEHIND CLOSED DOORS.
AND THEN TRYING JAM IT DOWN THROATS OF THE SENATE.
YOU CAN STOP THAT. YOU CAN HOLD HEARINGS.
>> YOU HAVE THE POWER. YOU AND YOUR COLLEAGUES WHO
COMPLAIN ABOUT. THIS YOU HAVE THE POWER TO STOP
IT. BUT NO ONE SEEMS TO WANT TO STOP
IT. >> WE DON'T HAVE IT RIGHT NOW.
WE'RE STUCK WITH THE SYSTEM IN PLACE NOW.
THEN WE KNOW LA THE RESULT WOULD HAVE BEEN.
IT WOULD HAVE BEEN A CONTINUATION OF AN OBAMACARE
PRODUCT THAT NEXT YEAR WILL GO UP BETWEEN 20 AND 40% IN
PREMIUMS. THAT'S IF THE PRESIDENT AGREED
TO CONTINUE THE SUBSIDIES TO THE INSURANCE COMPANY.
WE RECOGNIZE THAT IS THE WORST-CASE SCENARIO.
IT IS A FAILING SYSTEM. WHAT I'VE SEEN RIGHT NOW, I LIKE
THE PROPOSALS THAT HAVE COME UP SO FAR.
I LIKE THE IDEA OF HAVING 77,000 MORE SOUTH DAKOTAIANS.
I LIKE THAT THEY HAVE A CHANCE TO GET A TAX ADVANTAGE FOR THE
AMERICA THEY DON'T HAVE TODAY. >> EVERYTHING WE'VE SEEN OF THE
VARIOUS OPTIONS, WHETHER IT IS THE HOUSE BILL.
WOULD IT MEAN TENS OF MILLIONS WITH LESS INSURANCE.
PREMIUMS GOING UP AND DEDUCTIBLES GOING UP.
THOSE ARE THE MAJOR XLANLS PEOPLE HAVE.
>> THAT'S INCREDIBLE. >> THAT'S TRUE.
>> NO, SIR. WE'VE ACTUALLY GOT THE BUDGET.
THE CBO REPORT, THAT UNDER THE SENATE BILL, WITHOUT EVEN THE
AMENDMENTS WE WANT TO PUT ON IT, WILL REDUCE PREMIUMS BY 30% BY
THE YEAR 2020. THIS IS 122 PAGES IN LENGTH.
I'VE READ IT. YOU ARE CORRECT THAT IT SUGGESTS
THERE WILL BE A DECREASE IN THE NUMBER OF PEOPLE INSURED.
QUESTION ALREADY KNOW IT WAS OFF.
WE ALREADY LOST 5 MILLION MORE PEOPLE IN THE LAST FISCAL YEAR
THAT DIDN'T KEEP THE INSURANCE UNDER OBAMACARE.
>> HERE'S WHAT IS SO MADDENING. I FEEL LIKE I'M AT A SIDEWALK IN
MANHATTAN PLAYING THREE CARD MONTY.
THE BILL KEEPS FLASHING UP. IT WILL REDUCE THE NUMBER OF
PEOPLE THAT HAVE NSHLS. AND DEDUCTIBLES WILL GO UP.
THAT'S NOT DISPUTABLE. >> THE DEDUCTIBLES WON'T GO UP
BUT THE PREMIUMS WILL GO UP. >> THE PRESIDENT PROMISED THAT
HE WOULD NOT CUT MEDICAID. HE PROMISED IT MULTIPLE TIMES.
HE DISTINGUISHED HIMSELF BY SAYING HE WOULDN'T CUT MEDICAID.
CAN YOU SAY THE BILL WE'LL PASS WILL NOT CUT MEDICAID?
>> I CAN TELL YOU THE BILL UNDER CONSIDERATION, MEDICAID, WOULD
GO UP BY 24% BETWEEN NOW AND THE YEAR 2024.
>> WE'RE TALKING ABOUT A SMALLER INCREASE THAN --
>> SENATOR, IF YOU'RE A BASEBALL PLAYER WHO SIGNS A THREE-YEAR
CONTRACT FOR $9 MILLION AND THEY COME BACK AND SAY HERE IT IS FOR
$7 MILLION, YOU'VE TAKEN A $2 MILLION PAY CUT.
EVERYONE UNDERSTANDS THAT. >> IF YOU ALREADY HAD IT.
IF WE DON'T DO ANYTHING TO CONTROL COSTS WITHIN THE
PROGRAM, THE PROGRAM VERY WELL MIGHT NOT EVEN BE SUSTAINABLE
FOR THE NEXT GENERATION. WHAT WE'RE TRYING TO DO IS TO
ACTUALLY MAKE MEDICAID SUSTAINABLE.
NOT JUST FOR THE REST OF THIS