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Senate Proceeding on Oct 28th, 2009 :: 5:23:20 to 5:25:55
Total video length: 10 hours 36 minutes Stream Tools: Stream Overview | Edit Time

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Lamar Alexander

5:23:03 to 5:23:20( Edit History Discussion )

Lamar Alexander: but so far we haven't seen any bill out of the -- mr. alexander: there's one more question to the senator from arizona. he's given a lot of time to this discussion. but i thought this health care debate was supposed to be about reducing cost. the cost to the government and the cost of people buying premiums.

Jon Kyl

5:23:20 to 5:25:55( Edit History Discussion )
Speech By: Jon Kyl

Jon Kyl

5:23:21 to 5:23:41( Edit History Discussion )

Jon Kyl: whatever happened to that goal? mr. kyl: well, mr. president, i'd say to my colleague, something happened to it on way to the senate, i guess, because, first of all, the bill is going to cost between $800 billion and $1 trillion. so, cos, that's obviously money that today that will be spent tomorrow. now, i don't know of any

Jon Kyl

5:23:42 to 5:24:02( Edit History Discussion )

Jon Kyl: american who believes you can have a $1 trillion new government program and not add to the but we're told wait for the details here, we'll show you it won't happen. thers only one way to sure it doesn't add to the debt, raise taxes so much that you cover the costs of it. that gets to the other half of the equation. what about the american people? are we going to be better off? no.

Jon Kyl

5:24:03 to 5:24:23( Edit History Discussion )

Jon Kyl: turns out we're going to have our taxes increased by $400 billion, medicare cut by almost $500 billion. by the way, if it is ever cut, there is whether we'll ever achieve those savings. we never have in the past. in which case the bill is out of balance by $500 billion, $500 billion in debt.

Jon Kyl

5:24:24 to 5:24:44( Edit History Discussion )

Jon Kyl: either there's going to be a big debt there or seniors are going to see their benefits lost. but i wandered off the point. my colleague was asking wasn't the exercise here to reduce costs? yes. and what will the bills do? it will increase costs for the federal government, therefore, taxpayers. it will increase costs for all americans in the form of higher

Jon Kyl

5:24:45 to 5:25:05( Edit History Discussion )

Jon Kyl: taxes, some imposed directly on us. for example, if we don't comply with the government forcing us to buy insurance, other taxes that the congressional budget office says will be passed directly through to us, for example, there is a tax on the manufacturers of medical devices. some kind of heart problem and

Jon Kyl

5:25:06 to 5:25:27( Edit History Discussion )

Jon Kyl: they put a little stint in there, one of those very high-tech items, that's going to get why should you be taxed on something that makes you well? i can't understand it. but in any event, the tax is first on the manufacturer and then it will be passed o consumer. so increased taxes. and finally, my colleague asked about premiums. according to c.b.o., the

Jon Kyl

5:25:28 to 5:25:49( Edit History Discussion )

Jon Kyl: premiums will go up over what they otherwise would have been. and the study that study that i think is very credible on this, said the average would be $3,300 per year per person fplt and in my -- per and in my state of arizona, it

Jon Kyl

5:25:50 to 5:25:55( Edit History Discussion )

Jon Kyl: was over $7,000 insurance premiums over what it otherwise would be. when americans see that, they're

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