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Bring in one of the senators who will be casting a vote on the health care bill this week he is Republican senator Bob Bennett of Utah.
Joining me now in a Fox Business exclusive well senator welcome and let's get this out of the way they are you voting yes or no.
Well I'm voting no clearly.
Tell me what is the main problem you have with this bill because initially it was the public option they have removed that now what's the sticking point for you.
All of their whole bunch of sticking -- still left in the primary one is that -- overwhelming cost.
And frankly they smoke and mirrors the dishonesty with respect to the cost.
And let me just summarize it for -- very quickly this bill calls for ten years of taxes and only six years of spending.
Can you make that add up in any kind of intelligent way.
They have deliberately postponed the effective rate of this spending until nineteen -- 2014.
But they're starting the taxes in 2010 to try to pay for it.
And if you think that any business could run like that and not stay out of jail you're crazy.
Well of the CBO the Congressional Budget Office has said that over ten years this would actually cut a hundred plus billion dollars from the deficit.
Are you saying that the CBO is working on smoke and mirrors as well.
Of course of -- because the CBO computers are not allowed by law to make any kind of policy decisions they simply -- And when -- say to the computers are right here's a ten year window.
What will cost in this ten year window.
So what do they do they say we will compute that.
Revenue for a full ten years and since the date in which -- takes place only begins in 2014.
Will only confused.
Six years of expenditures.
-- obviously computers in the in the CBO are gonna say.
Well if you have ten years -- revenue and only -- of expenses why then maybe it it won't cost them.
Senator surely though you feel that we need to cover millions of people who are uncovered -- and certainly we need to make sure.
That they can't be rejected from a private insurance coverage because they pre existing conditions that's been a real back breaker for many Americans.
What is your solution if you do have one I know you had floated -- -- bill with Ron Wyden a Democrat from Oregon.
That would do something like that and eliminating the problems that you have with this current bill.
Well one of the first things I say to the Democrats who make the very argument you've just made.
Is it is so absolutely vital to cover all of those people why are you waiting for years to given the coverage.
Why doesn't the coverage begin when the Bill Gates and the reason is because we have to use the smoke and mirrors to try to cover the enormous cost of health what's the -- They've gone about it in the most expensive way and there are other married very valuable cheaper ways that senator Wyden and I worked on.
That could be done a great tragedy is that we didn't do this bill right.
What do you think we need to do right now I mean obviously there are two more procedural moves in the senate.
Up before Christmas -- that's the deadline who knows if that will be reached we've certainly seen a lot of deadlines come and go on this but yeah.
Up when when you hear from people who say look we need to cover people and we need to at least get something going and that it's not perfect you hear that often it's not perfect but.
Let's get something on the move.
What is your response.
But the first place my response is this is not on the move again I keep making the point that no Democrat will admit.
This leaves the status wolf didn't place for four years.
This season all of those people you're talking about who need this kind of help.
Get no help at all until 2014.
I'll tell you last won on that one of the things that that supports actually what you're saying is we hear look at stocks -- Fox Business.
All the health -- stocks are up they're not afraid of this bill and and I guess maybe I'm wondering if there weren't real reform and it.
They might be moving lower.
There are lots of ways to do this we don't have the time to go into that.
But I can give you all kinds of ways to bring the costs down turn the cost curve down.
But it would require some fairly dramatic changes not only with respect to the health insurance companies but dramatic changes in the way government provides health -- understand government.
Provides 40% of health -- now on the government tax laws drive the rest of -- the government is the culprit here because government wants to give everything to everybody.
And then when something comes along that require -- change government is the least and hardest to.
Well -- through this I'll say we'll have you back and weaken further discuss the senator thank you for joining us that's what I'm really happy to do couldn't senator Bob Bennett.
Of -- we appreciate you coming on -- week.
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