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at our target davis a rota he's prepared is author of hostile takeover of course
it is written in a syndicated column where the real deficit hawks again what
about realtor program first
renounced of their version of the health care reform bill para redid and every
single article says that they will cost us eight hundred and forty billion
dollars
houses virtual cost us one trillion dollars
can you tell us why that is fair
say the least mislead
well because it's like saying that he had sock thousand dollars and i'd make
uh... eleven hundred dollars on my investment
that oc the investment cost me a thousand dollars
well x technically true the investment cost me a thousand dollars but i've made
a hundred dollars
congressional budget office report
for both the house and senate bill
says it is that these bills cost about somewhere between eight hundred and nine
hundred billion dollars that the out late at the investment
but that through it tax
changes
and threw in its uh... budget cuts cuts to the private insurance subsidies to
medicare
it will recover far more than it spent two of the house bill recover about
eleven billion dollars for year in total so at the end of ten years the out
instead of bills will cover somewhere between i hundred and two hundred
billion dollars at the end of of ten years the deficit based on just the
impact of the health care bill will be about a hundred to two hundred billion
dollars left
that the real story that the real cost of these built the cost leader of the
taxpayers alternately will make it back more than they did that
soul francis's story
in the in the house version it at the end of ten years we're saving a hundred
mila billion dollars
this senate version event in ten years or so
leaving a hundred and thirty billion dollar
now how about other programs where for example if you plan on your com defense
do we save any money back or we just doing outlays insisted shipped out late
that you could argue that
when you spend money on defense it akin to some form of
stimulus spending right it's like you know you business daily news you spend
money on that
theoretically create jobs and that katie radically creates tax revenues
but just got a straight-up budgetary basis the way you know comparing apples
to apple's the way the congressional budget office scores the health care
bill because i could you could make him argue with health care land that you
know that healthcare expenditure going to create jobs if you want to compare
apples with apples
what goes out in a bill verses what comes in in a bill
health care bills propose spending in order to nine hundred billion dollars
and their tax and budget cutting changes would recover about nine hundred
to trillion dollars with a net gain of a hundred billion dollars to two hundred
billion dollars at the end of the day defense bills
the one-year one-year defense bill
would spend it
six hundred thirty six billion dollars
in one year so over ten years that's almost seven trillion dollars over ten
years and there are no tax
or budget-cutting provisions in those bills so
apples to apple's you're talking about
either spending two hundred billion dollars on health care pandora
spending you know reducer increasing the deficit
by seven trillion dollars with the defense bill
did raise your point that out is the sewers whether it's the server boldness
orca server democrats
whenever they say they're concerned about the deficit they mention health
care which actually reduces the deficit which makes no damn sense at all
but they never mentioned defense spending aso lieberman for example loves
spending more money in iraq and afghanistan about money never gets back
to us that he never mentions the deficit their is that he broken right that's
exactly what's going on uh... and
you know i mean i look i've got some modicum of of respect
for people who are obese tanah
ideologically consistent me i know
agree necessarily with people like ron paul on everything
but at least he's a guy who said look i'm uh... i don't know support
health-care spending
and i'm willing to vote against really wasteful
defense programs in many vinoth sometimes be the defense's bill if the
problem is you said to her is that there's a hypocrisy here it a recall the
before busted selective deficit disorder deficits only matter when the government
is spending of on the middle class priorities but when the government
spending on defense contractors
or tax loopholes or corporate tax subsidy suddenly became people who say
they are
they care about or worried about deficits are worried at all
saw
events are in the books an uprising in hostile takeover you know it something
interesting sabri did that populist uprising that you predicted i see it
and it's interesting 'cause i see it on the left-wing sundial tattooed on the
right wing side it's just
army selected date or but
they're angry but they don't know what to be angry about so they get tricked by
the backs of the enemies of the world
how long can they keep this up where you know the guys who are pretending to be
conservative or actually corporates
and they're doing the bidding of the lobbyists who pay them their money while
pretending to take advantage of the right wing populism how long can they
keep it up before
figures out
where i could take a big they can keep it up her trauma as
the democrats allow them to keep it up i mean that d
more the contrast is drawn i think the better that's why i think ultimately
though the health care debate will be good for democrats because i think
that the republicans will be again and they will oppose health care and
some but i think it's what were what we're saying it's not perfect but it
certainly better
died in the status quo
and the democrats will will be able to draw if they continue to attempt to
fight you know in the right way they'll be able to draw
the good prescribed
contrast now
i can tell so far they got there about a gift that that that is certainly
the the problem i mean i think what we started out into their reproductive
he's not going to computer
and i think it'd be a healthcare bill with just fifty one votes to be
reconciliation process
so you're right it would be democrat and let's be fair you know that there are
some democrats who were part of this problem the blue dog in the house for
instance
who voted against health care
peter coyote kumar knee-jerk yes boats for it the most important defense
spending bills in our country's history remember
and to go to the shocking statistic it was national journal
two months ago the reported
that the democrats in congress and president obama on track
in the first term here of the obama administration
to spend the morning
single presidential term than any single presidential term
and i had spent on defense since world war two
and you know this because some programs helicopter for the president et cetera
but
not nearly enough and they actually have some help from john mccain they should
use it to goa further but of course that as a political price they don't want to
pay that political price that finally david i think the real problem here is
the media
the media keeps saying all of the bill costs eight hundred and forty eight
billion dollars the cost of chilean accosted cost all were lieberman says oh
it's uh... and he's concerned other deaths they treated as if it's a
legitimate point so we come back to that i'd you know i'm tired of asking it but
we've got to ask it we gotta keep insisting on it
what is it and it doesn't even know this
and they don't want to tell american people
or they're just so damn
thick headed
that they can't understand these simple concepts no no i think i think the media
understand decapitated reporters who cover budget matters understand that
article what a difference instead
is that the media understands what is going to be at a headline that is waved
around
and what isn't understand it
interesting political dynamic which is good
unfortunately it's not controversial to pappas six hundred thirty six billion
dollar deficit expanding waste written pentagon budget bill but it is
controversial
to try to pass and eighty billion dollar a year 'cause that's what it is
ator billion dollars over ten years eighty billion dollar a year
health care bill so
you get you know the little p stories if at all about deep defense bills and you
get the health care bills hoot headlines
the point
uh... there is going to be most inflammatory rhetoric not technically
well mistake the health care bill
will require outlay of a hundred attribute in a billion dollars
if little dishonest and misleading
say that without saying that over ten years
they will actually save money and that's what the media does couldn't wants
you know i want to conventional i think
david sorrows author of the uprising on ourselves echo things or refrences
and uh... that syndicated column by david's
excellent check it out
we and uh... he's been call right for a long time if you like appalled
it looks quite for seven army of perspective on going today
now