charles collyns, i was very interested in your answer to the questions put to you. we are delighted to have you both for the finance committee. we will amend every effort to move your nominations expeditiously. thank you, and have a happy holiday. the committee will stand and adjourn. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2009] . . >> senate majority leader harry reid presented an $848 billion health-care overhaul package this past wednesday. the congressional budget office determined that the bill would cut the federal deficit over time by $130 billion. now, reactions from some republican leaders. this is a little over 25 minutes. >> good morning everyone. we are here to talk about this massive 2007-2007 before page bill -- this 200 -- this 2074 page bill. this is not different from bills that we have seen before. it is a quarter of a trillion dollars in medicare cuts. it has higher insurance premiums for 85% of americans already have health insurance. that is the core of the bill. we also know th