David Schweikert: “I promise I am only going to use a few more moments. There are some things I am optimistic about. I promise sometime in…”

“I promise I am only going to use a few more moments. There are some things I am optimistic about. I promise sometime in the next couple weeks, I will get here and I will actually make some charts. It is just in the last 30 days; the numbers have moved against us. The CBO has admitted they missed the numbers by over a trillion dollars. I am just angry that I hear no one talk about it. One of the presentations I did almost a year ago was talking about a market way to take on drug costs. I will bring the charts in the next week or so. The actual drug costs as our total healthcare costs are actually pretty darn small. Then you have a substitution effect of how many procedures, medical surgeries, other things, no longer need to happen, how many people actually get healthier. What I was trying to sell was a theory. The Democrats want to do a rationing price control model, functionally what is used in Europe. Let me see if I can try to explain this. In Europe, you actually have a formula that says if a certain drug doesn't create an additional quality life year and it costs more than a certain dollar amount, you don't get it. It has been a couple years since I did this. Great Britain had one where if the drug was more than about $13,000 a year but didn't create an additional quality life year, they just didn't buy it. It is a type of rationing, sort of a cost cap on functionally your life. That is what the Democrats' H.R. 3 from a couple years ago did.…”