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-- -- health care again bit of a speed bump senate majority leader Harry Reid saying is that it will not make the president's August deadline for a bill in the house.
Speaker Nancy Pelosi said the bill will clear that group next week let's go -- to Washington to our own.
Rich -- rich.
Ever have a 5% sales tax nationally that is actually something that was on the table no way that that could -- no way that they would seriously considered but a list of different items that have been circulated around the senate given to us by -- source said they could.
Talk about maybe a 5% national sales tax would raise a trillion dollars over the next ten years.
But imagine the problems that would what we're -- rich why wouldn't it work OK how about this is anybody talk about this issue so let's -- -- up about taxes and talked about costs.
Affect the average government employee retires what -- mid fifties -- lifetime pension health care is there any talk on Capitol Hill about raising the minimum retirement age.
On a government funded pension for government workers make ever -- at the same age that we can start getting Social Security full benefits 65 or 67.
Is anybody talking about that.
No talk on the federal level but I don't know what to talk on the on the state level it's certainly and municipal level it's certainly an issue and you have a lot of local governments talking about the fact that the paying three police departments to which aren't.
Employed right now and that's an issue -- but -- all across when it comes of the federal government and the state government but again you know that did it cuts that we're talking about.
We're not talking about cuts like that and maybe we should.
You know listen -- get a lot of emails back to and that -- -- -- -- the cuts.
You know they keep up and EH for Social Security where you can get your full benefits but yet again if you look at the numbers I mean.
You know corrections officers many state and leave these -- hardworking women and men but corrections officers a lot of police to retire at fifty.
With full benefits right -- if you look at government workers right the state of California the average income of a government worker in California is 81000 dollars.
You know and if you're retiring at the age of 54.
With lifetime benefits health dental and at a pretty generous pension now they're going more to an employee mandated one I know.
But why is the government talking about that in May be taking care of its own fiscal house more than just trying to figure out ways to raise revenue from America.
It's all pushing back -- these are all measures that you're going to talk about in the future it's the same argument when it comes to Social Security it's the same argument when it comes to Medicare and Medicaid these are all issues that we're going to take care of down the road so why have a filthy dirty -- out.
Fight with your.
Tip tip typical leaner -- folks playing.
Position or certain position who work for you whether police.
Fire anything like that -- -- -- service employee.
What they do is they -- those cans down the road with president is arguing as well at least we'll get the medical benefits side taking care of by reducing net.
Cost the federal government's costs -- -- comes to health -- the problem is with the current health.
Care bill in the house is of the Congressional Budget Office says that's not gonna happen.
There's so much going on Washington and emails keep rolling here as well and -- listen I I think you know again you're down there in the halls of congress to -- -- some of these energy demands they'd listen guys got a -- gonna wait to raise money and start to -- out ways to cut costs.
And maybe you look at your own balance sheet.
You know you listen you know -- 3040 years ago.
The average lifespan and America is about 65 right now it's 81 for women about 78 -- seven.
And were retiring earlier happy if you're independently rich good for you to retire forty -- -- -- you soldier company from billion box.
Good for you but increasingly as government gets bigger right the pension obligations for our own government are going to grow.
Pension obligations growing entity -- the entire population is our population continues to live longer has its health care needs become.
More demanding at the end of life.
And a life that's happening to be much much longer of the responsibility of the federal government on NASA and I mean you look at what's happened with the Medicare and Medicaid trustees' report.
That's going to go bankrupt I believe 2017.
-- 2060 was reduced a year back.
We know we're looking at social security and not as bleak in the picture but still nothing good there I mean these are all issues that they want to try to tackle now but the question is of course.
How do you tackle those issues do you cut benefits do you say OK well if he did sell your multi billion dollar company and take.
Windfall profits away from that are you set for life should we just forgo the 500 dollar a month check that we're going to send you.
Because you don't need it.
That might be something that they have to look at what Social Security coming down the road and and they issued -- with the health care system.
-- is that it ties into all of this it ties into what the government's going to have to spend it ties into what we're all going to have to spend.
As a part of health care.
The critics will say look the bill right now -- the house doesn't accomplish that doesn't bring down costs we need to continue to work on this.
And we need a little bit more than an -- deadline to work on with here.
Folks who support the initiative for support what's out there saying look we -- -- something it can be improved upon and if we do nothing.
By the August recess the special interest are going to hit on this the folks who are making money right now in the current system.
Are going to hit on this in the August recess it's gonna kill the entire initiative and we're not going to get anything done down here.
On the problem is there's so much process the house bill.
More than a thousand pages -- on the senate bill -- mean they're talking about.
Different sets of -- -- different types of combinations do you tax health care benefits the president has a bunch of campaign promises that he wants to try to maintain.
But there are so many issues on both sides do you limit costs.
You certainly have a more liberal base of the Democratic Party that's looking for a single Payer system.
That's not going to fly for probably most folks in congress.
And they see the current form of the house health care bill as the initial stages of that the creation of a government run program that would eventually -- small programs at a business.
Let's get back at single -- -- -- this the biggest of big question I had that I put out of my blog to the American public a lot of people wrote in -- a general question about being -- it's.
You know I know the president not advocating a single Payer system and maybe you can answer this question for me.
I understand that we can we compared -- candidate people writing you we idiot he's not come -- -- single pair system we know but here's the fear is that the government plan is cheaper.
Okay than private insurance because they can force through cost savings as -- actually having to negotiate.
With hospitals right that -- negotiation each side was to get -- some not not just sort of forcing change forcing lower cost if the government program is cheaper.
Then why wouldn't.
and every other corporation company vigorously on America go to the cheaper option if it's fungible if -- Kerry is the same you're gonna go for the cheapest option.
Why wouldn't every company go to that which would then in effect create -- fact of single Payer.
Can you answer that question for me.
Well that's -- opponents are saying opponents say look when you have the introduction of a singer -- single Payer system.
That is backed by the treasury in the United States it's going to be impossible.
For private companies to come in and compete with that public option so eventually the private companies will follow the -- side and we will be left with a single.
Payer system a one government run system.
The president didn't and most folks are going to admit that that is what they're introducing the more liberal folks in the party would like that to be the result -- the outcome.
But we may see some tempering of that government run program especially in the senate side has more folks are uneasy with that may be -- different type of of state sponsored exchange not necessarily a government run program and they want to defend against that particular result the more conservative folks and more mainstream folks.
-- see you might see that produced out of the senate side but as it stands right now you've got a house bill and part of the senate bill.
That has that single.
And -- -- that government entity in there to compete.
With the private entity that's where the starting point is yeah but folks who weren't where that's going to end up and out and it it and this is another dynamic you're -- it's interesting with the senate.
Finance committee bill is doing is you have to pretty much the only form right now on Capitol Hill where Democrats and Republicans are talking to one another about this.
Is on the Senate Finance Committee -- that gang of six.
They are quietly looking for assurances that what they negotiated -- they right.
Is going to be the bulk of this bill even if they come up with a compromise they are still going to have to compete.
What what the senate help committee has done.
With the house has already done and what the house is looking to do and what the president wants -- has bipartisan group is looking for a far more of an assurance that they might be able to 535.
Men and women in congress comes down about six or seven really -- had some great stuff thank you so much.
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