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Cato Podcast

Health Care Reform: First Count the Cost

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 9 November 2009

⏱️ 10 minutes

🧾️ Download transcript

Summary


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Transcript

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0:00.0

This is a Cato Special Podcast. I'm Caleb Brown.

0:06.0

One problem with the health care bill passed by the house this weekend is that we don't yet have a full picture of what it will cost.

0:13.4

Never mind the individual mandates, employer mandates,

0:16.2

guaranteed issue new taxes on current insurance

0:19.5

and a government-run health insurance plan.

0:21.6

Michael Cannon, Director of Health Policy Studies at the Cato Institute,

0:25.2

comments.

0:26.8

There are a number of things that are impressive about the House vote.

0:29.9

One of them is that Speaker Pelosi managed to get a majority of the House to vote for a piece of legislation that a majority of the House does not support.

0:39.0

There are moderate Democrats who

0:46.9

who said they do not support this bill but they're voting for it just to keep the process moving.

0:50.9

There are pro-choice Democrats who object to the abortion language in this bill if it were a question of final passage. And if you change that abortion

1:04.8

language, then there are pro-life Democrats who will not vote for this bill.

1:09.1

Certainly at least three on each side and so and that was the margin of victory.

1:14.2

So there no matter how they slice and dice this bill,

1:18.2

they do not have majority support in the House of Representatives for this bill.

1:21.9

So it was impressive that Speaker Pelosi was able to get a majority

1:24.8

to vote for it.

1:26.6

It was also impressive that Speaker Pelosi

1:28.1

was able to hold a vote on this bill

1:30.0

before the American people even had an estimate of its total cost.

1:35.0

And I think that was deliberate.

...

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