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Published: Thu, 18 Jun 2009
Description: Ex-Sen. Bill Frist, (R-TN), on how we would pay for Obama's health-care plan.
Automatically Generated Transcript (may not be 100% accurate)
" Day something will likely happen to crash we'll just questionable just -- because so many different proposals on the table. V but the big issue is cost and who is ultimately going to foot the bill for this. Do you buying into taxing health care benefits do you buying into taxing those who are making. Contributions. Were making over a quarter million dollars here how to fund that's."
" Well as the first what how big is funding. We have two million people in private insurance plans a hundred million people and government plans today now we got 46 million people we've got to bring in. Come on to these government plans in the direction the Obama administration is going. The price at one point five trillion dollars. Right now today just generally we're borrowing for every two dollars we're spending we're borrowing in dollars so clearly we're going to have to borrow it in the short term. The problem is is that the administration says we're going to pay for the prevention. That's going to save us money. But prevention itself. Does not state medical costs are giving better care and is the right thing to do and improves health but it does not say medical cost and most your viewers to say. It's doctor Frist is crazy. I -- just tell you that prevention except for vaccines in May be an aspirin. About 95% of things that are prevented increased medical cost in the law and don't say so where's the money going to come from who's gonna come -- taxpayers and issue intact the so called rich don't guarantee promised you have to do but I'm up money there you have to go to the middle class and you have to reach -- an image we say you're paying for it. It has to be -- through taxes. But north Africans come from we can't keep Marlins when we got we got a doubling the number of seniors. The -- was coming through. We're already doubling the debt today over the next eight years this is to be on top of that and so it it's very dangerous come again. To be able to undertake a big that it will pass a mistake. We will have a new comprehensive plan I don't think it's going to be as big as people think coming through only about half of the uninsured will be insured I predict it will have good value. That's going to cost."
" Fortune yes you know I know this American he's planned the latest estimate for same situation you're talking about witches may be maybe a third of those that are uninsured we'll get covered aren't on that specific plant. I can't -- go without asking are are you going to consider running into."
" I don't know I'm out of a matter of national politics about a state politics and not run for governor not not not not doing in the private sector that was really fun doing a lot of global health. Do a lot of teaching of health economics what we're talking about a -- out of Washington to talk to my colleagues say this is. This is what you need to be don't -- say whatever you want this what you need to be -- based on twenty years of Madison. And doing a lot of private equity world and -- so definitely know that now seem awfully happy -- you know I I came into it as a citizen legislator twenty years in medicine being a doctor taking care of people doing heart lung transplant. And I said I'm going for twelve years and that's it. This is people say couldn't date politician the other day that forever but now I'm movement back a national Tutsis live with care my wife and yeah the house I grew up they had that they have busier than ever. Trying to do we're talking about lower -- that cost curve down to improve access to move towards where you more universal coverage. And I think -- I know it can't be done senator doctor Frist terrific having -- best to let you can come back and visit good again thank you will."
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