that i've seen quite frankly has been by companies that write health insurance, for example, under arisa, every state except the state they reside collect premiums and don't pay claims because the federal government does nothing about it. it wasn't until states got together several years ago and crossed state loans for the first time in history to prosecute health insurance fraud. if we left it to the federal government they would be plunderring people in 49 states,

that i've seen quite frankly has been by companies that write health insurance, for example, under arisa, every state except the state they reside collect premiums and don't pay claims because the federal government does nothing about it. it wasn't until states got together several years ago and crossed state loans for the first time in history to prosecute health insurance fraud. if we left it to the federal government they would be plunderring people in 49 states, unfortunately. it is clear that if your testimony today was true, very few of you need any more useless bureaucratic regulation. and who would have ever thought that after the s and l crisis so relatively shortly after the s and l crisis with all of additional regulation that was put in place following the crisis, that we would again find ourselves in this whole of a financial crisis. if regulation would solve the problem we wouldn't be here today because brighter minds creative lawmakers threw a bunch of regulation at the end of th s and l crisis and obviously it didn't do anything, why we would think we would be successful

them, some way they can be used and some way that we can switch from placing this emphasis on the arisa companies that operate over a variety of states so we are not making their health care more expensive and more administrative-oriented rather than health care-oriented. i thank the chair and i think that leads us to the mccain amendment. >> if i could, i appreciate that very much. as i understand it here, these are -- obviously, i'll have the staff take a look at these proposals. as i said earlier in the week when the issue was raised by i think it was senator coburn raised the issue, we wanted to proceed by doing title of title by this legislation so we have a manageable way by which to proceed. we still have remaining obviously to deal with the long-term care issues because of the scoring problems and we still have title i to come back to, as well. those matters will be left open until the following week, the week we come back from independence day recess. i also made it clear that i wasn't going to be so insist event upon that closing out titles that i wouldn't consider because of