repeal obamacare, repeal obamacare, repeal obamacare. >> just be clear, is it repealing of so-called obamacare, take using a burden off existing businesses. you believe it would also grow business, encourage people to create more jobs without that health care law? collins: out through the. right now businesses are sitting on more cash that they want to use to invest more jobs. but with the uncertainty of the deficit, coupled with the uncertainty on obamacare where if you're at 50 employees your subject to obamacare, if you don't have 50 employees you're not. so yes right now obamacare is stopping companies from investing because they don't want what they see with a government takeover telling them what benefits to provide. so obamacare is not on stopping jobs today, but was obamacare companies are not going to expand spent congresswoman? hochul: ugly the question was what do we do to get this economy going. >> correct 21st of all government doesn't create jobs. we create conditions for them to double do what they do best and that is a create jobs. first thing we need to do is make su

if the president is reelected, obamacare will be fully installed. in my view that will make a whole different way of life for people who counted on the insurance plan the had in the past. he was the health premiums go up by $2,500 per family. -- you will see health premiums go up by $2,500 per family. we want each state to craft their own programs and we will focus on getting the cost of health care down. if the president is reelected, you will see a $716 billion cut to medicare. you will have hospitals and providers no longer accepting medicare patience. i will restore the $716 billion to medicare. the president is reelected, you will see dramatic cuts to the military. i will not cut our commitment to our military. i will keep america strong, and did the middle class working again. thank you. >> thank you governor and mr. president. the next debate will be the vice-presidential even to in ky. for now from the university of denver, thank you and good night. [cheers and applause] [captions copyright national cable satellite corp. 2012] [captioning pe

obamacare. obamacare. obamacare. obamacare. obamacare. obamacare. obamacare. obamacare. obamacare. obamacare. obamacare. obamacare ♪ obamacare. obamacare ♪ obamacare obamacare. obamacare ♪ obamacare. obamacare. bach. obamacare. obamacare obama, obama, obama, obama, backup, obama, obama, obama, obama. [laughter] we know the official campaign slogan for the president's re-election certificated simply one word forward. but not everyone thought it was catchy enough. the vice president has apparently been floating some alternatives. change only comes through challenge. more optimistic about the country than i have before been not because of obama and me. we can't do. we can't do it. [laughter] forget about your [breep] dignity. forget about -- get your loan from your parents. [laughter] i don't quite get this. i'm so ashamed. [laughter] the vice president booten was fired up at the ncaap speech. the second during a week. obama supporters praised the featurers. it appears one show has uncovered a new tour biden started. >> this summer don't miss your chance to see america's funniest numb

i hope we get rid of obamacare.coming up next from our political panel gives us their take on whatwe can expect from joe biden and expect from joe biden and paul ryan woexpect from joe biden and paul rhineland face-off tomorrow night. stay with us gerri: casino mogul gerri: is the president out of luck? is he a brisk four american businesses? let's ask our experts. great to have you both here. i want to play this sound bite from steve wynn to give you a sense of what he said. >> i'm a job creator, guys like me are job creators and we don't like having a bull's-eye painted on our back. i can't stand the idea of being demagogue. gerri: strong words, of course, and when is a mobile of wynn resorts. how respond that? is he one of many tos that deals put off by the president? >> he was a former obama supporter, and he has fallen off the train with good reason. uncertainty has to be the number one reaso. the president spent an entire year working on that health care law. after that, you had the offering. businesses are si

i hope we get rid of obamacare.coming up next from our political panel gives us their take on what we can expect from joe biden and expect from joe biden and paul ryan won expect from joe biden and paul rhineland face-off tomorrow night. stay with us ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. i've been a superintendent for 30 some years at many different park svice units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retirired from doing this one thing that i loved. now, i'm going to be ableo have the time to explore something different. it's like another chapter. gerri: casino mogul steve wynn calling president obama's love on job creation. coming up next gerri: is the president out of luck? is he a brisk four

including mitt romney's takedown of obamacare, a topic he's largely avoided on the campaign trail. so, why the change of heart? tdd#: 1-800-345-2550 let's talk about that 401(k) you picked up back in the '80s. tdd#: 1-800-345-2550 like a lot of things, the market has changed, tdd#: 1-800-345-2550 and your plans probably have too. tdd#: 1-800-345-2550 at charles schwab, we'll give you personalized recommendations tdd#: 1-800-345-2550 on how to reinvest that old 401(k). tdd#: 1-800-345-2550 so talk to chuck tdd#: 1-800-345-2550 and bring your old 401(k) tdd#: 1-800-345-2550 into the 21st century. tdd#: 1-800-345-2550 rollover your old 401(k) tdd#: 1-800-345-2550 to a schwab ira tdd#: 1-800-345-2550 and you can receive up to $600. tdd#: 1-800-345-2550 see schwab.com tdd#: 1-800-345-2550 for terms and conditions. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, and economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obamacare instead of fighting for jobs for the a

and trying to turn back the clock on obamacare, to repeal obamacare would violate that fundamental law of social development that you cannot go back according to liberalism. and that -- the real government now is the programs, the ensemble of programs in the modern state, and you have to find a way to interpret the written constitution to accommodate them rather than trying them against the standard of the written constitution. now, obamacare is, i think an essential piece of legislation for the evaluation of obama's presidency. and undoubtedly it marks a triumph of liberalism, alone it would qualify obama's face for the liberal mount rushmore. liberals had been lusting after national health care for 100 years since teddy roosevelt and the progressive party platform of 1912 called for it. the second bill of rights. so for generations liberals have sought to this holy grail, and on the obama was able to find it, to deliver, to create the first comprehensive national health care plan not tarry just at the poor or the sec or the old but everyone, the 100% solution or at least in theory a

including mitt romney's takedown of obamacare, a topic he's largely avoided on the campaign trail. so, why the change of heart? ...seems like you guys got a little gassed out there. enough already. c'mon guys. next question. hello! what's your favorite color? what's my favorite color? yes. purple. what's your favorite animal? sea turtle. what's your bedtime? do you believe in space aliens? ...i love puppies. hash browns or home fries? home fries. do you like my dress? why can't you guys ask good questions like this? [ morgan ] for a chance to interview an nfl player... join visa nfl fan offers and make your season epic. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, and economic crisis at the kitchen table, and spent his

if i am elected, we won't have obamacare. we will put in place the principles i have in my own state and get states to get people insured and focus on getting the cost of health care down. if the president were to be re-elected, you will see a $716 billion cut to medicare. you will have four million people who will lose medicare advantage, hospitals and providers that will no longer accept medicare patients. i will restore that $716 billion to medicare. finally, military. the president's re-elected, you will see dramatic cuts to the military. the secretary of defense says these would be devastating. i will not cut our commitment to our military. i will keep america strong and get america's middle class working again. thank you, jim. >> jim: thank you, governor. thank you, mr. president. the next debate will be the vice-presidential event on thursday, october 11 at center o'clock in danville, kentucky. for now, from the university of denver, i'm jim lehrer. thank you and gbts. ooh thank you and good night. [cheers and applause

thanks to a key provision in obamacare.y, medicare will fine hospitals for having too many patients readmitted within 30 days of discharge. penalties averaging around $125,000 per hospital, forfeiting nearly $300 million in medicare funds. joining me now with the latest, dr. mitchell brooks, host of health of the nation. i look at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that talks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't want to discuss those things in an election year. gerri: and also, it begs the question, are you taking power out of the hands of the doctors and hospitals to back to busty making these decisions about care. >> i don't thi

i like the idea to say something positive, 95% of obamacare is negative.ey're rewarded for giving medication on time. hoitals should be timely, nurses and doctors should be responsive. you don't to wait for care but a survey is not reliable. penalizing we admissions and getting away from the point* if you deliver a service you deserve to be paid. a cardiologists gets $280 for getting the at go. used to get 560. if you cut less than half from major service we try to see patients faster and not do a good job. gerri: one dr. riding a letter trying to get people galvanized not just for doctors but for tients. >> he is in the swing state of ohio. the jackson health survey says 65% of physicians will vote to four mitt romney. when you start telling doctors with a candor cannot all so afraid of medicare indepeent advisor report. one treatment is better than another summit is not proven all of those are in jeopard >> if te affodable are is not socialized medicine it will lead to whip. not say liberal profession but a government job. >> it will lose quality because

if i'm elected we won't have obamacare. we'll put in place the kind of principles i've put in place in my own state and allow each state to craft their own programs to get people ensured and we'll focus on getting the cost of health care down. if the president were to be reelected, you're going to see a $716 billion cut to medicare. you'll have four million people who will lose medicare advantage. you'll have hospitals and providers that will no longer accept medicare patients. i'll restore that $716 billion to medicare. and, finally, military. the president's reelected, you'll see dramatic cuts to our military. the secretary of defense has said these would be even devastating. i will not cut our commitment to our military. i will keep america strong and get america's middle-class working again. thank you, jim. >> lehrer: thank you, governor, thank you, mr. president. the next debate will be the vice presidential event on thursday, october 11, at centre college in danville, connecticut. for now, from the university of denve

five trillion dollars tax cut despite independent analysts of his plan saying it is a lot about obamacare repeating the same debunked myth that the president cut over seven hundred billion from medicare lied about the president's wall street reform law saying it doesn't need five banks is being too big to fail and deserving a blank check bailouts there is no such provision in the law and even flirted with the idea of death panels in obamacare president obama's campaign released this ad today highlighting many of these laws. i'm barack obama and i approve this message i'm not in favor of a five trillion dollar tax cut that's not my plan the nonpartisan tax policy center concluded that mitt romney's tax plan would cost point eight trillion dollars over ten years why won't romney leveled with this about his tax plan which gives the wealthy huge new tax breaks because according to experts you have to raise taxes on the middle class who are increased the deficit to pay for if we can't trust him how could we ever trust him here rather than acting like sportscasters this morning because mitt rom

let me tell you exactly what obamacare did. if you have health insurance, it does not mean a government takeover. you keep your own insurance. it does say they cannot turkey around. they cannot impose arbitrary lifetime limits. they have to let you keep your kid on your insurance plan. it also says you are going to have to give rebates if insurance companies are spending more on administrative costs and profits than actual care. no. 2, we are essentially setting up a group plan that allows you to benefit from group rates that are 18% or lower than if you are out there trying to get insurance on the individual market. the last. i will make -- >> >> your minute is up. >> i think i have five seconds before you interrupted me. [laughter] the irony is we have seen this model work well in massachusetts. gov. romney did a good thing to working with democrats in the state to set up what is essentially the identical model. as a consequence people are covered there. it has not destroyed jobs. as a consequence we have a system where we ha

repeal obamacare, repeal obamacare, repeal obamacare. >> is it or peeling of obamacare -- repeal and obamacare takes the burden off existing businesses, you believe that it would encourage people to create more jobs without the health care log? >> right now, businesses are sitting on board cash they want to use to invest for jobs. with the uncertainty of the trillion dollar deficit, and the uncertainty of obamacare, if you do not have 50 employees, you are not. right now, obamacare is stopping companies from investing because they did not want what they see it with the government takeover telling them what benefits to provide. obamacare is stopping jobs today. companies are not going to expand. >> i believe your question is what we can do to get this economy going. >> correct. >> government does not create jobs. we can create the conditions for them. we need to make sure our young people have the skills they need for the 21st century. i have been visiting sites all over western europe. it is mind-boggling that young people graduating from community colleges and colleges and our emplo

obamacare -- your complaints about obamacare, you have this conspiracy theory about the president, and you did not like the process. the end result is good things for people, living, breathing people and children. do not give away our benefits so you can make a political point. >> there were a host of accusations and mr. sadler said. most of them were not true. let me make a simple point. a few minutes ago, mr. sadler talked about his passionate on reducing spending and reducing the debt. apparently that does not come to the over $1 trillion of expenditures obamacare represents. mr. sadler talks about giving things away -- one of the simplest things -- principles of economics is that there is no such thing as a free lunch. everything mr. sadler said he wants to give you, everything the government is giving us, it must first take from us. that is part of why the burdens on small businesses are so great. there are so many small businesses, even now, beginning to eliminate health care coverage because of these costs. >> let me ask you one question. if obama is reelected, president obama,

and ironically, if you repeal obamacare, and i have become fond of this term, "obamacare," if you repeal it, what happens is those seniors are going to be paying $600 more in prescription care. they will have to pay co-pays for basic checkups to keep them healthier. and the primary beneficiary of that repeal are insurance companies that... are estimated to gain billions of dollars back when they are not making seniors any healthier. i don't think that's the right approach when it comes to making sure that medicare is stronger over the long term. >> jim: we will talk specifically about health care in just a moment. but do you support the voucher system, governor? >> what i supported is no change for current retirees in near retirees to medicare. the president supports taking $716 billion out of this program. >> jim: what about the voucher? >> that's number 1. number 2, for people who are young, i want to make sure that we keep medicare in place for them to allow them to either choose the current medicare program or a private plan, their choice. they get to -- theyville at least two plans

it said, what has been the effect of obamacare and you're hiring plans? three-quarters said it makes them less likely to high gear. i do not know how the president can come into office facing 23 million out of work, rising unemployment, and economic crisis and spend his energy fighting for obamacare in set of jobs for the american people. it has killed jobs. the best course for health care is to do what we did in my state -- craft a plan at the state level that fits the needs of the state's. then focus on cost down for people. rather than raising its. >> the argument against repeal. >> four years ago, i was travelling around and having the same, stations. it did the same conversations. it was not just that small businesses were having cost skyrocket and they could not get affordable coverage or that this was the biggest driver of our federal deficit, it was families who were worried about going bankrupt if they got sick. millions of families. they had a pre-existing condition. they may not be able to get coverage. if they did have coverage, insurance comp

is, in my opinion, a mistake. >> if you repeal obamacare, and i have become fond of this term, obamacare, if you repeal it, what happens is, those seniors right away are going to be paying $600 more in prescription care, and the primary beneficiary of that repeal are insurance companies that are estimated to gain billions of dollars back when they aren't maaren't making sen healthier, and i don't think that's the right approach. >> question. is at fair rap or a bum rap to charge president obama with cutting $716 billion from medicare? eleanor clift. >> technically, he's right, the president did take $716 billion out of medicare, out of the payments to insurance companies who are creating these medicare advantage plans, and what he used that money for is he put it back into the program. it extends the life of medicare another eight years. it also closes the doughnut hole, partially closes the doughnut hole for seniors on prescription drugs, and seniors now get free preventive care. so seniors have actually benefited from this. the insurance companies took a cut, and when romney says he wi

and unfortunately, when you rook at obamacare -- look at obamacare, the congressional budget office has said it will cost $2,500 a year more than traditional insurance. so it's adding to cost. and as a matter of fact, when the president ran for office, he said that by this year he would have brought down the cost of insurance for each family by $2,500 a family. instead, it's gone up by that amount. so it's expensive. expensive things hurt families. so that's one reason i don't want it. second reason, it cuts $716 billion from medicare to pay for it. i want to put that money back in medicare for our seniors. number three, it puts in place an unelected board that's going to tell people ultimately what kind of treatments they can have. i don't like that idea. fourth, there was a survey done of small businesses across the country. said what's been the effect of obamacare on your hiring plans? and three-quarters of them said it makes us less likely to hire people. i just don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an eco

and trying to turn back the clock on obamacare to repeal obamacare would violate that fundamental law of social development that you can't go back according to liberalism. and that is the real government now is the programs the ensemble of programs in the modern states. obamacare, i think, is the central piece of legislation for the evaluation of president obama's presidency. and undoubtly it marks triumph of liberalism. alone it would qualify obama's face for the mount rushmore. they had been lusting over national health care for 100 years since ted i arey roosevelt called for certainly since the 1944 state of the union address that proclaimed the second bill of rights. it was under fdr. for generations liberals have sought this holly grail. and only obama was able to find it to deliver it. to create the first comprehensive national health care plan not targeted just at the poor or the sick or the old, but at everyone. 100% solution. or at least in theory a 100% solution. now in this sense, of course, obamacare is the latest tryoff of tight element rights. one of the new deals signal

that is what obamacare is all about. there is a 50 member board appointed by the president that can determine what kind of benefits you can have. anybody out there in america wants an unelected board to determine your doctor, what hospital, what kind achievements you have? that is why obamacare has to be changed. there is one thing tammy baldwin agreed upon. i started it. that is well as a branch in spirit 92% of the people -- that is wellness. 3% of health care is thereh to help people after an illness. we will start making our health care system more accessible and accountable. >> use a u.n. to tweak it -- you say you want to tweak it. you sauiaid single payer is irrelevant now to the discussion. is it irrelevant to voters? >> we had a passionate debate that resulted in passing america's new health law. the last thing americans want or need is to have the u.s. senate rip it up and start over again. we need to work across the party aliment this work. i have listened to tommy thompson cut about what he would do if he got

he will also repeal obamacare. that will not be popular withh democrats as you are sitting down with them. but my philosophy has been i will take ideas from anybody, democrat or republican, as long as they are advancing the cause of making middle-class families stronger and giving ladders of opportunity to the middle class. that is how we cut taxes for middleeclass and small businesses. that is why weecut what was in advancing that cost. that is how we signed free-trade deals that are helping us double our exports and sell more american products of from the world. that is how we repealed don't ask don't tell. that is how we ended the ar in iraq as a promise and that is how we will end the war in afghanistan. that is how we went after al qaeda ann bin laden. we have seen progress even under current -- even under republican control of the house of representatives. part of being principled and being a leader is being able to describe exactly what it is you intend to do, not just saying, i pill sit down. you have to ha

bench who ruled against that ballot initiative and even today after the supreme court has up held obamacare as constitutional this effort continues this ad now running in florida it's part of a campaign to remove three supreme court justices in the state. america needed health care reform was the new health care law the right to reform washington more control over our health care and it will cost trillions most americans oppose it that's why many states like ohio gave their citizens the right to vote against it not florida our own supreme court denied our right to choose for ourselves shouldn't our courts protect our rights to choose you be the judge you beach f.l. dot com to get the facts and sign the petition. notices pain for that ad americans for prosperity that tea party front group funded in part by the billionaire koch brothers you see what the koch's are trying to do is to help governor rick scott remove these three states supreme court justices so that scott can then appoint three tea party justices and control nearly half the court but there's another issue here beyond the battle

let me tell exactly what obamacare did.t number one, if you've got health insurance, it doesn't mean the government takeover. you keep your own insurance, your own doctor. but it does say insurance companies cannot church where brown. they cannot impose arbitrary lifetime limits. they have to let you keep your kid on their insurance -- your insurance plan until you're 26 years old. and it also says that you're going to have to get rebates if insurance companies are spending more on administrative costs and profits than they are on actual care. no. 2, if you don't have health insurance, were essentially setting up a group plan that allows you to benefit from group rates that are typically 18% lower than if you are out there trying to get insurance on the individual market. the last point i made before -- your two minutes is up critics i think i have five seconds before you interrupted me. the irony is, that we have seen this model work really well in massachusetts because governor romney did a good thing, working with democr

he will not tell us. -- he says hed replace obamacare. is the reason governor romney is keeping all of these plants is because they are too good? s governor isnce a e in and lay down a legislation and say it the highway, i do not get a lot done. >> not a lot of love lost between these two men tonight. anxious before the next day. get through this in 90 minutes before getting a new argument. democrats are counting to say not provide specifics. republicans say because he and tookthe president on directly, this is a new race. we will continue to watch it. jimhe spinning the second le said goodnight. supporters of the president came out. democrats and women's rights were at this watch party in falls church. >> new at 11:00, social media connected to facebook and other avenues as thousands shared their thoughts on the .anada -- candidates' a poll to see if you thought or dodging anning question. of them on the bottom of the screen. reaction whenve goingent obama referenced the tax rate under president clinton. romney received kudos after sayin

that is one of my objections to t obamacare. taking $750 billion out of medicare. that would only cause more job losses. the solution iseinvigoratg our economy. there may be loopholes that are closed. the federal government gets revenues off of federal lands and waters. in virginia, we are ready willing,nd able to provide america with energy. the house plan has some merit but not in all parts. we should not be cutting medicare. it is already having problems in solvency. you have heard the economic experts who say it does not add up. if you do not tackle medicare -- >> you are talking in a broader sense. >> if you do not enhance revenue or tax increases, it does not get us there in terms of decreasing the deficit. >> tax decreases w wouldld be harmful to our econo we need comprehensive tax reform. we need a more simple, fair, closed more lpholes, and have a more competitive tax system for our countr that would create over 500,000 new bs a year. gettining rid of loopholes and making the tax system more fair, i want to work with republicans and democrats to come up wi

under the obamacare drug plan.y says he vows to get rid of obamacare. no specifics on how his plan would deal with that increase. third, romney hasn't said if he would put a cap on these spending plans. a cap would keep cost increases under control. romney is using his own budget plan he introduced to congress. it includes a spending cap, but romney isn't aligning himself with it, and without a spending cap, they can't score that one, ali. >> hard to score, unclear what's going on. kevin, can you shed light on this? can you give some sense to those three questions christine has, what medicare is going to look like for people who receive it in 2016 or sometime after president romney gets elected, if he does? >> absolutely. and it's important to emphasize this is a change to the program that's going to affect us, the people who are talking on the show but not people who are currently retired. i think the basic belief of governor romney and mr. ryan is that if we allow competition between firms for your business that

bill nelson voted for obamacare. i voted against obamacare. bill nelson voted to gut our military.oted to strengthen our military. bill nelson voted for higher taxes 150 times. i voted to cut taxes. i believe in free markets, free enterprise and free people. i believe we need to renew the american spirit and the american dream. if we all work together, we can get this done. mitt romney needs somebody he can count on, and we need another republican senator from the state of florida. i'm asking you to stand with me. i'm asking you to stand with mitt romney. .. úp p >> i watched two different types of programs on c-span. every election year, presidential election year find myself watching your convention, when you show your old convention speeches and your old debates. i think that is great service you guys offer. i still have the memory being eight years old and watching an old richard nixon speech from the 52 convention or harry truman from the 48 convention. for a political junkie like me that is great. the fact you do it for the debates that is wonderful. the fact you focus on wid

today the new talking point coming out of the right against obamacare is that it raises taxes yeah. well that's exactly how rwanda what about creating a health care system that works for everybody today only four percent of the rwandan public population is uninsured compared to more than sixteen percent in the united states so how did rwanda do it in one thousand nine hundred nine most rwandans had never seen a doctor and even when they were really sick they couldn't get into the hospital primarily because the costs were so high that add or average citizens couldn't afford knowing that they had to take action the governments ministry of health started a pilot project of providing health insurance in three of the countries districts what we might call states with the success in these three states these three districts the program began to spread across the country in two thousand and four iran it has some kinks that the main one was that the government set insurance premiums at two dollars a year and that was too much for most rwandans to afford so then the program shifted to a progr

obamacare is on that list -- i'm sorry mr. president, i mean no disrespect by using that term -- >> obama: i like it. >> romney: i'll cut programs like pbs, i'll make government more efficient and cut back the number of employees, combine agencies and departments. this is the approach we have to take to get america to an balanced budget. the president said he would cut the deficit in half. unfortunately he doubled it. trillion dollars deficits for the last four years. the president has put it in place as much public debt -- almost as much debt held by the public as all prior presidents combined. >> mr. president? >> obama: when i walked into the oaf value office i had a deficit facing me with two wars that were not paid for, tax cuts that were not paid for, a whole bunch of programs that were not paid for, and a massive economic crisis. yes, we had to taken initial emergency measures. but what we have all said is let's make sure we are cutting out those things that are not helping us grow. to 77 government programs everything

and let me tell you exactly what obamacare did. number one, if you've got health insurance, it shouldn't mean a government takeover. you keep your own insurance. you keep your own doctor. but it does say insurance companies can't jerk you around. they can't impose arberary lifetime limits. they have to let you keep your kid on their insurance-- your insurance plan until they're 26 years old. and it also says that you're going to have to get rebase if insurance companies are spending more on administrative costs and profits than they are on actual care. number two, if you don't have health insurance, we're essentially setting up a group plan that allows you to benefit from group rate that are typically 18% lower than if you're out there trying to get insurance on the individual market. now, the last point i'd make before-- >> lehrer: two minutes is up, sir. >> i had five seconds before you interrupted me. ( laughter ). >> i irony is that we've seen this model work really well. in massachusetts. because governor romney did a good thi

>> he has made clear he will repeal obamacare. for whatever reason, that's not possible on a legislative basis, then he will begin minimizing the negative impacts that obamacare is clearly having on those who have to acquire health care, which is all of us. neil: pilates or if you have the republican senator structure that process? >> indeed. neil: senator cummins was a pleasure. >> thank you, neil be one remember when they were raking bullied over the coals by serving up remember how he looked? i think the shirt out of. >> today neil: have time. lloyd boeing plant ready to the throttle. showing who is the boss. forget about blaming that cats. you fix the the fiscal mess or ttere goes this country. i am exaggerating a bit, but make no mistake about what the wall street titans says must be done and done now. the only way to stimulate america is for leaders to get a clue nd start hammering out a long-term budget deal that at least shows progress from erica. investors and non investors alike, something to look forward to in america.

. >> let me tell you exactly what obamacare did. if you have health insurance, it does not mean a government takeover. you keep your own insurance and your own doctor. it does say insurance companies cannot jerk you around. they cannot propose arbitrary lifetime limits. they have to let you keep your kids and your insurance plan until they are 26 years old. it also says that you are going to have to get rebates if insurance companies are spending more on administrative costs and profits than they are on actual care. if you do not have health insurance, we are setting up a group plan that allows you to benefit from group rates typically 18% lower than if you are out there trying to get insurance on the individual market. the last. i will make before -- >> your minute is up. >> i had five seconds before you interrupted me. the irony is that we have seen this model works really well and massachusetts. gov. romney did a good thing to working with democrats in the state to set up what is essentially the identical model. as a consequence,