Political Quotes

“I think all of us need to be listening to this because it is something that was not sufficiently considered during the debate; that is, that dramatically more employers may quit providing insurance, new companies that get started will not provide it, people will be on the exchanges, and it will cost far more than was expected. That is an entirely new issue. Assuming the low numbers the Congressional Budget Office said will go into the exchanges, just taking the numbers they assumed, let me point out what Senator Kyl said. President Obama, in an exact quote to the joint session of Congress when he was promoting this legislation, not some off-the-cuff figure, said this: Now, add it all up. And the plan I'm proposing will cost around $900 billion over 10 years-- This was a deliberate attempt, as has been suggested, to manipulate the figures because the taxes started right away, but the spending was 4 years delayed essentially, so we only have 6 years of spending under the plan. It also excluded many other provisions. For example, the bureaucratic implementation costs were not counted. The amount of effort, even the IRS will have to hire people who have to be involved, and this was not counted. New spending to close the Medicare doughnut hole. We didn't have the money in 2002 or 2003 to fund that provision. We have never been in worse shape. We are borrowing 40 cents of every $1 we spend, far worse than we were. Next year will be the fifth consecutive $1 trillion deficit.…”