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Senate Proceeding on Mar 24th, 2010 :: 7:21:30 to 7:29:25
Total video length: 17 hours 55 minutes Stream Tools: Stream Overview | Edit Time

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Lamar Alexander

7:21:18 to 7:21:40( Edit History Discussion )

Lamar Alexander: pending. mr. gregg: mr. president, what's the time situation? the presiding officer: you have -- the minority has 23 minutes and 47 seconds left. mr. gregg: and the majority? the presiding officer: 24, 52. mr. gregg: i would yield ten minutes to the senator from

Lamar Alexander

7:21:30 to 7:29:25( Edit History Discussion )
Speech By: Lamar Alexander

Lamar Alexander

7:21:41 to 7:22:02( Edit History Discussion )

Lamar Alexander: tennessee. mr. alexander: mr. president? the presiding officer: the senator from tennessee. mr. alexander: thank you, mr. president. could you let me know when eight minutes have been consumed? the presiding officer: sure. mr. alexander: thank you very much. mr. president, this has been a debate filled with passion and good intentions and a lot of hard wk, and our political parties have come to vastly different conclusions.

Lamar Alexander

7:22:03 to 7:22:24( Edit History Discussion )

Lamar Alexander: the president and the majority have said this is an historic occasion. i agree. but i believe, as do most of us, that it is an historic mistake. it is important to say why we think that. this is the fundamental mistake that what we have done is to --

Lamar Alexander

7:22:25 to 7:22:45( Edit History Discussion )

Lamar Alexander: with the law that was passed majority and the majority is proposing to do in this second bill is to expand a health care delivery system that we all know is more expensive than we can afford instead of stepping and instead seeking to reduce

Lamar Alexander

7:22:46 to 7:23:07( Edit History Discussion )

Lamar Alexander: the cost of that health care delivery system so that more americans with afford to buy health insurance. that's the mistake. so i'd like to try to say in three or four minutes what this bill means to tennesseans. i was listening to the senator from montana and the republican senators talk about debt.

Lamar Alexander

7:23:08 to 7:23:29( Edit History Discussion )

Lamar Alexander: we believe, i believe that this bill, these two bills will increase each tense indiana's share of the national debt. the senator from montana says but wel the congressional budget office says it doesn't. well, that would be like going to the congressional budget office and saying i've got a horse farm here. tell me how much it costs to operate over the next ten years. and the c.b.o. would

Lamar Alexander

7:23:30 to 7:23:50( Edit History Discussion )

Lamar Alexander: you like me to tell you how to do it with the horses or without the horses? if you tell me how to do it without the horses, it's not going to ct as much. or if i have a gas station, would you like to have me tell you how to operate that with the gas or without the gas in it. that's what they are saying here. they have gone to the cong said tell us how much this health care bill costs, and they

Lamar Alexander

7:23:51 to 7:24:12( Edit History Discussion )

Lamar Alexander: have said to them with the doctors or without the doctors? they say oh, no, keep the doctors out, because according to the president's own budget, that's $371 billion more over ten years. and if you put that in, then the whole bill adds to the deficit. and so they leave it out. so that's why we say and i would say that the first thing this

Lamar Alexander

7:24:13 to 7:24:33( Edit History Discussion )

Lamar Alexander: bill does is add to the debt each tennessean's share of the debt. the second thing is it has has $8,470 in new spending for each person in tennessee. the next thing it does is the tennesseans enrolled in medicare advantage -- about one out of four persons enrolled in

Lamar Alexander

7:24:34 to 7:24:55( Edit History Discussion )

Lamar Alexander: medicare -- will have their benefits reduced by half, according to the congressional budget office in testimony before congress, whose veracity we have been hearing extolled on all sides. the next thing it does is about 1.4 million tennesseans making less than $200,000 will pay higher taxes, according to

Lamar Alexander

7:24:56 to 7:25:19( Edit History Discussion )

Lamar Alexander: estimates by the joint committee on taxation. 300,000 tennesseans in the individual health insurance market will see freedom rate increases of 30% to 45% according to a blue cross/blue shield study of tennessee and other analyses. next, tennessee small businesses employing 50 or more people will

Lamar Alexander

7:25:20 to 7:25:41( Edit History Discussion )

Lamar Alexander: see premium rate increases well, small businesses employing 50 or more people and construction companies employing five or more people, that's 5,000 construction companies in tennessee will pay higher health care costs because of new government mandates. then here is the other one. this is the one that was just added over the weekend.

Lamar Alexander

7:25:42 to 7:26:03( Edit History Discussion )

Lamar Alexander: 200,000 tennessee students, including, i checked, 11,000 at the university of tennessee-novel where i was this week will be overcharged by by $1,700 to $1,800 over the next ten years on their student loans in order to help pay for the health ce bill and other programs. let me say that again. over the weekend, without any debate in the senate, they have

Lamar Alexander

7:26:04 to 7:26:24( Edit History Discussion )

Lamar Alexander: stuck in this bill. they're going to overcharge 19 million students in america, 200,000 in tennessee, $1,700 or or $1,800 more than it costs the government to borrow the money because the government has taken over the student loan program. they borrow the money at 2.8%. they loan it out at 6.8%. they take the difference, they

Lamar Alexander

7:26:25 to 7:26:45( Edit History Discussion )

Lamar Alexander: spend it. $8.7 billion of it to help pay for the health care program, so that's 200,000 tennessee students. these aren't wall street financiers. these are a mom with a child and a job going to school to get a better job. that's 200,000 tennessee students. $1.1 billion in costs will be forced on the tennessee government.

Lamar Alexander

7:26:46 to 7:27:07( Edit History Discussion )

Lamar Alexander: that's according to our state democratic governor who said that's the cost of the medicaid expansion and what happens to the state after the physicians' reimbursement expires in two years for medicaid. this will force, this will force states, tennessee for sure and many other states, to raise

Lamar Alexander

7:27:08 to 7:27:28( Edit History Discussion )

Lamar Alexander: taxes, cut services or increase college tuition. according to an oliver wyman study, 30% of young people will pay up to 35% more in premiums as premiums go up in the individual market. and then -- and then -- and then finally, of crse, the bill

Lamar Alexander

7:27:29 to 7:27:49( Edit History Discussion )

Lamar Alexander: does add in tennessee about 200,000 people to our tenncare or medicare rolls. but, mr. president, that's not health care reform because nationally only about half of doctors will see new medicaid patients. so we're saying to people we're giving you health care, but it's like saying we're giving you a

Lamar Alexander

7:27:50 to 7:28:10( Edit History Discussion )

Lamar Alexander: bus ticket to a bus line where the bus only runs half the tim and when you put these low-income americans into this program in such large numbers, what that additionally does is create more opportunities for physicians, for hospitals and for drugstores to say we can't

Lamar Alexander

7:28:11 to 7:28:33( Edit History Discussion )

Lamar Alexander: serve medicaid patients anymore. so, mr. president, that is why we feel this is the wrong course and a historic mistake. what we would do instead is replace this bill with a different bill that focused on costs. we have said it over and over again. we said it at the health care summit. we would start with -- with allowing people to buy health

Lamar Alexander

7:28:34 to 7:28:55( Edit History Discussion )

Lamar Alexander: care across state small busess -- with aligning small businesses to combine resources to offer more services to people at lower costs, reducing the malpractice lawsuits, we would expand health savings accounts. all o

Lamar Alexander

7:28:56 to 7:29:17( Edit History Discussion )

Lamar Alexander: before the senate, basically ignored. but the fundamental mistake and the reason we have such a diffence of opinion between that side of the aisle and this side of the aisle is that that side of the aisle which has the majority is expanding a health care delivery system that know is too expensive, and we think instead what we should be

Lamar Alexander

7:29:18 to 7:29:25( Edit History Discussion )

Lamar Alexander: doing is focusing on reducing health care costs so that more americans can afford to purchase health care insurance.

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