| 00:00:12 |
Unidentified Speaker, -
IS WE HAVE GOT-WE'VE GOT A FIGHT ON OUR HANDS, AND IF WE'RE GOING TO KEEP THE PROMISE OF MEDICARE, IF YOU VALUE IT AS A FUNDAMENTAL PROMISE TO KEEP...
|
| 00:00:58 |
Unidentified Speaker, -
PARTY OR THE NO-NOTHINGS, IT DOESN'T MATTER. THIS IS A POLITICAL DOCUMENT AS NUDGE AS YOU ARE SAYMUCH AS YOU'RE SAYING IT'S AN ECONOMIC DOCUMENT, WHICH...
|
| 00:03:52 |
Unidentified Speaker, -
BLOOM NEN OUR. >> THANK YOU. I WOULD LIKE TO COMMEND MY FRIEND FOR HOLDING TRUE TO THE PRINCIPLES OF AGRICULTURE REFORM. I HOPE THIS IS SOMETHING...
|
| 00:04:01 |
Unidentified Speaker, -
COMMITTEE CAN ACTUALLY SPEND A LITTLE TIME ON, BECAUSE I THINK THE DIRECT PAYMENTS, I THINK THE OPPORTUNITY FOR CROP INSURANCE, THIS IS SOMETHING THAT...
|
| 00:08:18 |
Unidentified Speaker, -
FOR YIELDING.YIELD ING ADDITION TO TAX TARGETS THAT CAN'T COME CLOSE WITHOUT MAJOR TAX INCREASES ON THE MIDDLE CLASS THE REPUBLICAN BUDGET BOASTFULLY...
|
| 00:10:27 |
Unidentified Speaker, -
JOB. IT'S OUR RESPONSIBILITY TO KEEP THE FOCUS ON CREATING JOBS,
|
| 00:10:32 |
Unidentified Speaker, -
THE ECONOMY, PROMOTING LONG-TERM ECONOMIC GROWTH AND PUTTING AMERICA BACK ON A SUSTAINABLE FISCAL PATH. CONGRESS HAS TO DO THIS IN A WAY THAT SPREADS...
|
| 00:13:45 |
Unidentified Speaker, -
CHAIRMAN RELEASED A VIDEO PREVIEW OF THE CONTENTS OF THIS BUDGET. IN IT THE CHAIRMAN ASKED, WHAT IF YOUR MEMBERS OF CONGRESS SAW A CRISIS COME IN...
|
| 00:16:47 |
Unidentified Speaker, -
OF BUDGET PROPOSAL BEFORE US TODAY. A BUDGET THAT HURTS THE MIDDLE
|
| 00:16:50 |
Unidentified Speaker, -
CLASS AND THOSE WHO ARE STRUGGLING TO GET OUT OF POVERTY AND THE DEMOCRATS BALANCE PLAN TON REINVEST IN OUR ECONOMY. PART OF THE DISTRICT I HAVE THE...
|
| 00:20:15 |
Unidentified Speaker, -
COSTS. IT IMPACTS A VETERAN WHO SERVED OUR COUNTRY, WHO RELIES ON TRICARE IN HIGHLAND HILLS. IT AFFECTS A SENIOR WHO REQUIRES SKILLED NURSING HOME CARE...
|
| 00:24:09 |
Unidentified Speaker, -
AS WE HEARD LAST YEAR WE'VE HEARD ONE RECURRING THEME FROM OUR EXPERT WITNESSES THAT HAVE COME BEFORE US. CHAIRMAN BERNANKE SAID IT. DIRECTOR AL...
|
| 00:27:21 |
Unidentified Speaker, -
I MUST SAY, AND WHILE I RESPECT CHAIRMAN RYAN SO MUCH FOR HIS SINCERITY ABOUT REDUCING LONG-TERM DEBT, I FEAR THAT, THAT HIS PROPOSAL, WHERE PARTICULARLY...
|
| 00:29:29 |
Unidentified Speaker, -
UNDERMINES HIS CREDIBILITY IN THIS ENTIRE DOCUMENT WHEN HE SAID THAT IF HE HAD A DOLLAR FOR EVERY POLITICAL CONSULTANT THAT ADVISED HIM NOT TO INTRODUCE...
|
| 00:33:07 |
Unidentified Speaker, -
WE DEVELOP A PLAN TO REDUCE THE DEFICIT SUBPOENA THE QUESTION IS WHETHER WE DO IT IN A WAY THAT'S BALANCED AND CALLS FOR SHARED RESPONSIBILITY....
|
| 00:33:26 |
Unidentified Speaker, -
RESOLUTION ON THE BUDGET. THE STAFF WILL GIVE AN OVERVIEW OF THE BUDGET. THIS IS WHAT WE CALL THE STAFF WALK-THROUGH PORTION. I WANT TO RORGZ OR STAFF...
|
| 00:34:14 |
Unidentified Speaker, -
THE THOUGHT WAS PLAB JUST TO GO TO QUESTIONS. WE WOULD BE HAPPY TO REVIEW THE OVERALL MARK. >> IN INTERESTS OF TIME -- TURN IT OVER TO QUESTIONS....
|
| 00:34:27 |
Unidentified Speaker, -
OUR OPPORTUNITY TO ASK SPECIFIC QUESTIONS RELATES TO THE BUDGET, AND I'M GOING TO START OFF, MR. CHAIRMAN, WITH SOME AND I THINK EVERYONE SHOULD...
|
| 00:34:31 |
Unidentified Speaker, -
THIS DOCUMENT. SO I'M GOING TO START WITH SOME OF THE REVENUE ITEMS. IN YOUR RESOLUTION REVENUES ARE MORE THAN $200 BILLION BELOW THE CURRENT POLICY...
|
| 00:35:53 |
Unidentified Speaker, -
RELIEF. ASSUMES AN AMT PATCH, AND ASSUMES EXTENSION OF CURRENT STATE TAX LAW. THAT LEADS TO ABOUT A $4.4 TRILLION DIFFERENCE IN REVENUES FROM THE CURRENT...
|
| 00:36:48 |
Unidentified Speaker, -
THE UNDERSTANDING IF THE INFORMATION ON THE WEBSITE DOESN'T RESULT IS A SATISFACTORY ANSWER, TO WHAT IS REALLY A TECHNICAL QUESTION THAT WE WOULD BE...
|
| 00:37:05 |
Unidentified Speaker, -
LEVEL, DIFFERENTLY. WE ASSUMED AS DOES O & B, THE PERMANENT EXTENSION OF ALL TAX RELIEF BUT WILL GO AHEAD AND FOLLOW-UP WITH YOUR STAFF AND SEE IF...
|
| 00:37:34 |
Unidentified Speaker, -
ASSUME THE EXTENSION OF THE 2001 PORTIONS OF THAT INDEFINITELY? >> I BELIEVE ON THE CHILD CRED IS, YES. ON EITC THERE ARE CASES WITH RESPECT TO SOME OF...
|
| 00:37:48 |
Unidentified Speaker, -
THE RECOVERY ACT PROVIDED SOME ADDITIONAL EXPANSIONS ON THOSE. WE DO NOT ASSUME THE EXTENSION EVER THOSE. JUST THE ORIGINAL '01 AND '03 LAWS. >> JUST...
|
| 00:38:05 |
Unidentified Speaker, -
PART OF THE RECOVERY ACT. YOU DO NOT ASSUME THOSE? >> THAT'S CORRECT. >> WITH RESPECT TO THE ESTATE TAX. DO YOU ASSUME REPEAL OR DO YOU ASSUME AN EXTENSION...
|
| 00:38:20 |
Unidentified Speaker, -
TAX AS IT WAS IN THE DECEMBER 2010 -- LEGISLATION? >> IT'S IN THE 2010 LEGISLATION. THAT'S WHAT WE ASSUMED. >> NOW, WITH RESPECT TO THE ECONOMIC ASSUMPTIONS...
|
| 00:38:36 |
Unidentified Speaker, -
ARE THOSE -- DID THOSE
|
| 00:38:40 |
Unidentified Speaker, -
TRACK? ARE THEY CONSISTENT WITH CBOs ECONOMIC ASSUMPTION? >> YEAH. WE USED THE MARK -- WELL, WE USED CBO'S MARCH BASELINE. THAT BASELINE WAS
|
| 00:38:51 |
Unidentified Speaker, -
CONSTRUCTED USING THEIR JANUARY ECONOMIC ASSUMPTIONS. THAT'S A WHAT WE USED IN OUR BUDGET RESOLUTION FOR THE CHAIRMAN'S MARK. >> LET ME ASK YOU, WITH...
|
| 00:39:06 |
Unidentified Speaker, -
SCORING AS PART OF YOUR BUDGET? >> WE USE THE REVENUE NUMBERS THAT, FROM THE CONGRESSIONAL BUDGET OFFICE, JOINT TAX, AS YOU KNOW, IS INVOLVED IN TERMS...
|
| 00:39:15 |
Unidentified Speaker, -
DOING THOSE, BUT WE USE ALL THE NUMBERS AND OUR ESTIMATES ARE BASED ON JOINT TAX COMMITTEE OR THE CONGRESSIONAL BUDGET OFFICE. >> OKAY. NOW, WITH RESPECT...
|
| 00:39:28 |
Unidentified Speaker, -
DROP THE TOP TAX RATE FROM 35% WHERE IT IS TODAY, TO 25%. DO YOU HAVE ANY INFORMATION, ANY ANALYSES, FROM JOINT TAX SHOWING THAT YOU CAN DO THAT WITHOUT...
|
| 00:40:00 |
Unidentified Speaker, -
A LETTER FROM THE WAYS AND MEANS COMMITTEE AND POSTED THAT ON THE WEBSITE I BELIEVE AS WELL. ASKING
|
| 00:40:31 |
Unidentified Speaker, -
FOR THE INCLUSION EVER THIS POLICY IN THE BUDGET, WHICH IS WHAT WE'VE DONE. TO MY KNOWLEDGE, THEY HAVE NOT RUN THE DISTRIBUTION TABLE BOSS THEY HAVE...
|
| 00:40:57 |
Unidentified Speaker, -
REFORM EFFORT IS WELL, YOU ADHERED TO THE POSITION YOU HAVE IN THE PAST, WHICH IS THAT THE CAPITAL GAINS RATE WOULD REMAIN AT 15%. IS THAT CORRECT?...
|
| 00:41:16 |
Unidentified Speaker, -
THE WAYS AND MEANS SPECIFIED THAT. OUR -- THE BASELINE WE'RE OPERATING OFF OF WHERE THE NET REVENUE CHANGE HAS NO IMPACT, ASSUMES CURRENT CAPITAL...
|
| 00:41:38 |
Unidentified Speaker, -
IT ASSUME THAT THE CAPITAL GAINS RATE WILL REMAIN AT 15%? >> THERE COULD BE A LOT OF ISSUES THAT HAVE TO BE REVOLVED IN TERMS OF WHAT HAPPENS IN TAX...
|
| 00:41:50 |
Unidentified Speaker, -
OF 25% ON INDIVIDUAL AND TOP ON, OF 25% ON CORPORATE. THERE WILL BE A WHOLE SERIES OF ISSUES RESOLVED IN TERMS EVER DETAILS. THEY SPELLED OUT A LOT...
|
| 00:42:48 |
Unidentified Speaker, -
YOU IF YOU HAD SEEN A JOINT TAX SCORE THAT SHOWS THAT YOU CAN REDUCE THE TOP TAX RATE TO 25% WITHOUT INCREASING THE BURDEN ON MIDDLE INCOME AMERICANS,...
|
| 00:44:14 |
Unidentified Speaker, -
AS WELL AS THE TRADITIONAL FEE FOR SERVICE OPTION OPTION. WE THINK THROUGH COMPETITION YOU WOULD SEE LOWER BIDS COMING IN AS A RESULT OF THAT PROCESS,...
|
| 00:45:13 |
Unidentified Speaker, -
IN HOW WE APPROACH THE RISKS AND COSTS WITH RESPECT TO THE DIFFERENT APPROACHES. WITH RESPECT TO -- IN THE MANDATORY -- EXCUSE ME. LET ME SEE HERE....
|
| 00:46:39 |
Unidentified Speaker, -
SYSTEM IS SET UP TO -- POLICY IS BASED ON COMPETITIVE BIDDING SYSTEM. IT WOULD START 10 YEARS OUT, WE BELIEVE THAT UNDER THAT COMPETITIVE BIDDING...
|
| 00:47:46 |
Unidentified Speaker, -
A $400 SAVINGS PER BENEFICIARY JUST BY LAUNCHING THIS REFORM EFFORT? I'M TRYING TO UNDERSTAND THE BASIS FOR THE NUMBER. >> SURE. >> WE BASE THAT ON...
|
| 00:48:08 |
Unidentified Speaker, -
REPORTS AND HISTORICAL EVIDENCE ON THE REDUCTION, COMPETITIVE BIDDING WOULD HAVE ON THE AVERAGE AMOUNT. SO THE PART D PROGRAM CAME IN 40% UNDER...
|
| 00:48:39 |
Unidentified Speaker, -
SAVINGS IN THIS BUDGET. IN OTHER WORDS, THE $400 SAVINGS BUILT INTO THE BASE YEAR -- >> YEAH. >> COMPOUNDED OVER TIME. >> CORRECT. YES. >> IF YOU RECALL,...
|
| 00:48:54 |
Unidentified Speaker, -
WAS TESTIFYING A FEW WEEKS AGO AS TO THE PARENTS OF THIS APPROACH AND HOW
|
| 00:48:59 |
Unidentified Speaker, -
IT WOULD RESULT IN LOWER SPENDING AND MORE SAVINGS. SO THAT COMBINED WITH FACTS IN EVIDENCE IS WHAT LEADS US TO CONCLUDE GIVEN THE CBO DOESN'T HAVE...
|
| 00:49:34 |
Unidentified Speaker, -
THE NUMBER OF BENEFICIARIES, WHAT TOTAL REDUCTION IN MEDICARE SPENDING DOES THAT ASSUME COMPARED TO WHAT IT WOULD OTHERWISE BE? >> SO YOU MEAN IN THE...
|
| 00:49:56 |
Unidentified Speaker, -
ONLY THING WE HAVE FROM GB, SO PERCENT
|
| 00:50:01 |
Unidentified Speaker, -
OF GDP. THAT'S NOT SOMETHING THEY CAN EVEN PROVIDE US. THEY ARE ONLY ABLE TO PROVIDE US MEDICARE SPENDING AS A TOTAL PERCENT OF GDP. >> RIGHT. MAYBE...
|
| 00:50:17 |
Unidentified Speaker, -
AND FIGURE OUT WHAT YOU PRESUME THE SAVINGS TO BE IN THE WHOLE MEDICARE PROGRAM AS A RESULT OF MOVING HERE, I ASSUME IT'S $400 TIMES THE MEDICARE BENEFICIARIES...
|
| 00:50:40 |
Unidentified Speaker, -
POPULATION THE ONLY PEOPLE ARE 65 YEARS OLD SO YOU CAN'T DO A CALCULATION THAT WOULD ACCOUNT FOR THE TOTAL MEDICARE BENEFICIARIES. >> RIGHT. THE NEW...
|
| 00:50:57 |
Unidentified Speaker, -
KNOW THE EXACT NUMBER, NO. >> IF I COULD NOW
|
| 00:51:04 |
Unidentified Speaker, -
TURN TO SOME OF THE TEN-YEAR NUMBERS. IF YOU COULD IDENTIFY THE POLICY ASSUMPTIONS BEHIND
|
| 00:51:12 |
Unidentified Speaker, -
THE 122 BILLION 10-YEAR NET REDUCTION IN MEDICARE MANDATORY SPENDING IN YOUR BUDGET AND THE DOLLAR FIGURES ASSOCIATED WITH THOSE ASSUMPTIONS. >>...
|
| 00:51:32 |
Unidentified Speaker, -
THAT FUNCTION, THERE'S ANOTHER ASSUMPTION OF MEANS TESTING, PREMIUMS FOR MEDICARE. THE SAME PROPOSAL IS IN THE PRESIDENT'S BUDGET IS ALSO INCLUDED....
|
| 00:52:12 |
Unidentified Speaker, -
AS PART OF YOUR PROPOSAL, THAT YOU ELIMINATED THE PROVISIONS IN THE AFFORDABLE CARE ACT THAT WOULD, OVER TIME, CLOSE THE SO-CALLED PART D DONUT HOLE....
|
| 00:52:38 |
Unidentified Speaker, -
ARE REPEALED. >> SO, JUST TO BE CLEAR, THAT OBVIOUSLY INCLUDES THE PRESCRIPTION DRUG DONUT HOLE, I ASSUME THAT INCLUDES THE COVERAGE OF ANNUAL WELLNESS
|
| 00:52:49 |
Unidentified Speaker, -
VISITS AND THE OTHER PREVENTATIVE SERVICES IN THE AFFORDABLE CARE ACT? >> WE ASSUME THE REPEAL OF ALL OF THE EXPANSIONS IN THE AFFORDABLE CARE ACT....
|
| 00:53:02 |
Unidentified Speaker, -
YOUR BUDGET DO WITH RESPECT TO WHAT WE CALL AROUND HERE THE DOC FIX, DO YOU FIX IT
|
| 00:53:08 |
Unidentified Speaker, -
AS PART OF YOUR BUDGET? >> THERE'S A RESERVE FUND IN THE BUDGET RESOLUTION THAT PROVIDES FOR AS LONG AS THE FIX TO THE DOC
|
| 00:53:20 |
Unidentified Speaker, -
FIX OR THE SUSTAINABLE GROWTH RATE FORMULA IS DONE IN A DEFICIT NEUTRAL MANNER IT ALLOWS THE CHAIRMAN TO ADJUST ALLOCATIONS AND AGGREGATES TO ACCOMMODATE...
|
| 00:53:42 |
Unidentified Speaker, -
YOU'RE SAYING IS YOU HAVEN'T IDENTIFY ADD WAY BUT YOU HAVE A RESERVE FUND THAT SAYS IF YOU GO OUT AND FIND $300 BILLION OF SAVINGS ELELSEWHERE IN THE...
|
| 00:54:07 |
Unidentified Speaker, -
YOU WITH RESPECT TO MEDICAID. FIRST OF ALL, DO YOU
|
| 00:54:15 |
Unidentified Speaker, -
DISPUTE THE CBO ANALYSIS THAT SHOWS WHEN IT'S FULLY PHASED IN OVER TIME THAT IT WOULD CUT THE MEDICAID BUDGET, BASELINE BUDGET, BY 75%? >> IF YOU'RE...
|
| 00:54:37 |
Unidentified Speaker, -
PROGRAM. IT'S UNDER CURRENT LAW IT'S GROWING 7 OR 8% AND THERE'S ALSO A BENEFICIARY EXPANSION UNDER THE RECOVERY ACT OF ABOUT A THIRD. SO YES, RELATIVE...
|
| 00:55:05 |
Unidentified Speaker, -
THERE SEEMS TO BE -- NOT A DISCREPANCY BUT THERE IS A DIFFERENCE IN THE AMOUNT OF SAVINGS YOU ACHIEVE IN THE BMT IN CERTAIN FUNCTIONS, AND THE AMOUNT...
|
| 00:55:48 |
Unidentified Speaker, -
THE CHAIRMAN'S MARK, THE TOTAL DISCRETIONARY LEVEL WOULD BE REDUCED FROM 1047 TO 1028. THAT'S $19 BILLION. THE REMAINDER YOU NEED TO GET TO REPLACE...
|
| 00:57:11 |
Unidentified Speaker, -
FROM THAT SEQUESTER? >> WE STARTED IN TERMS OF BUILDING THE BUDGET RESOLUTION WE STARTED WITH CBO'S BASELINE,
|
| 00:57:20 |
Unidentified Speaker, -
CBO HAS THE MEDICARE SEQUESTER IN ITS BASELINE. AGAIN, THAT WOULD BE SOMETHING THE COMMITTEES WOULD HAVE TO DEAL WITH IN AS THEY GO THROUGH THEIR PROCESS...
|
| 00:57:49 |
Unidentified Speaker, -
SEQUESTER. >> IF WE COULD TURN TO INCOME SECURITY FUNCTION 600. BEFORE I GO THERE I WANT TO ASK ANY OTHER MEMBERS OF THE COMMITTEE IF YOU WANT TO --
|
| 00:57:59 |
Unidentified Speaker, -
YOU HAVE QUESTIONS NOW? BECAUSE I CAN COME BACK TO THE REMAINDER. >> I APPRECIATE MEMBERS' QUESTIONS OVERLAP WITH A COUPLE OF THINGS. I WANT TO CLARIFY,...
|
| 00:58:19 |
Unidentified Speaker, -
COUPLE OF THESE QUESTIONS AND ASK ANOTHER ONE. AGAIN, BECAUSE THE BUDGET REPEALS THE HEALTH LAW WE PASSED, AFFORDABLE CARE ACT, THE OPPORTUNITY THAT...
|
| 00:59:14 |
Unidentified Speaker, -
ENTITLEMENT PROGRAMS, INSTEAD SHOULD BE -- >> THAT'S THE SAME ENTITLEMENT PROGRAM. >> NO. SHOULD BE THE SAVINGS IN MEDICARE SHOULD NOT HAVE BEEN
|
| 00:59:24 |
Unidentified Speaker, -
IN MEDICAID.
|
| 00:59:26 |
Unidentified Speaker, -
THEY SHOULD BE DEVOTED TO THE SOLVENCY OF MEDICARE. TO ACHIEVE THAT THE BUDGET ASSUMES THE EXPANSIONS IN THE AFFORDABLE CARE ACT ARE REPEALED. IN...
|
| 00:59:53 |
Unidentified Speaker, -
YOU SAY OF COVERAGE FOR MEDICARE BENEFICIARIES, SENIORS IN THIS COUNTRY, THREE VERY SPECIFIC EXPANSIONS AS YOU CALL IT UNDER MEDICARE. ONE WAS THE...
|
| 01:00:58 |
Unidentified Speaker, -
BENEFIT GOES AWAY. >> IN TERMS OF THE SPECIFICS WE CAN GO THROUGH THE INDIVIDUAL ASSUMPTIONS BUT THE BUDGET COMMITTEE DOESN'T DETERMINE WHAT HAPPENS...
|
| 01:01:07 |
Unidentified Speaker, -
SPECIFIC ASSUMPTIONS. WE SET A NUMBER OR THE COMMITTEE THROUGH THE RESOLUTION SETS OVERALL NUMBERS. THE COMMITTEES OF JURISDICTION DETERMINE THE DETAILS....
|
| 01:01:22 |
Unidentified Speaker, -
HAS TO BE THAT THOSE EXPANSIONS -- YOU ANSWERED THE QUESTION BUT IT'S CLEAR THAT THOSE WILL BE REPEALED AND AGAIN, COMMITTEES COULD DECIDE TO...
|
| 01:02:06 |
Unidentified Speaker, -
AND THERE HAS BEEN SOME CONFUSION ABOUT THAT IN THE PUBLIC SO I WANTED TO BE CLEAR THAT
|
| 01:02:12 |
Unidentified Speaker, -
REMAINS. AND I DID HAVE WANTED TO BE -- TO FOLLOW UP FROM THE CHAIRMAN ASKED ABOUT THE 1% INCREASE, IF MEDICARE GOES ABOVE THE 1% INCREASE YOU POINT...
|
| 01:03:13 |
Unidentified Speaker, -
THE PREMIUM SUPPORT PAYMENT WOULD BE CAPPED. IT'S THE SAME THING HOW THE PRESIDENT'S
|
| 01:03:22 |
Unidentified Speaker, -
PROGRAM WORKS. IT HAS THE SAME ISSUE. IT'S NOT CLEAR HOW THE IPAB IS GOING TO ACHIEVE THOSE. >> YOU ALSO EMBRACE THIS NOTION OF THAT 1% CAP ON GOVERNMENT...
|
| 01:03:37 |
Unidentified Speaker, -
FOR THE SHIFT TO BE MADE TO INDIVIDUAL SENIORS. IF INSURERS DECIDE THEY ARE GOING TO CHARGE MORE, THAT SHIFT IS MADE TO OUR SENIORS. I HAVE TO FIELD...
|
| 01:04:25 |
Unidentified Speaker, -
EXPANSIONS. YES, SIR. >> THANK YOU. MR. VAN HOLLEN, MR. CHAIRMAN. I'M JUST -- I WANT TO UNDERSTAND HOW YOU TREAT
|
| 01:04:40 |
Unidentified Speaker, -
TRANSPORTATION, UNDER THIS BILL. CAN YOU GET A SENSE OF EXACTLY HOW MUCH IS GOING TO BE AVAILABLE IF THIS WERE SOMEHOW TO BE ENACTED, WOULD BE AVAILABLE...
|
| 01:05:01 |
Unidentified Speaker, -
THE TRANSPORTATION FUNCTION IS THE HIGHWAY PROGRAM, THE TRANSIT PROGRAMS. THEY ARE FINANCED BY A TRUST FUND. UNDER CURRENT LAW THAT TRUST FUND IS GOING...
|
| 01:06:42 |
Unidentified Speaker, -
PERIOD. BECAUSE THOSE EOWE TAKES-- TAKES A WHILE FOR THE LAND TO BECOME AVAILABLE AND CBO IS CONSERVATIVE, THERE IS STILL GOING TO BE A LARGE SHORTFALL...
|
| 01:07:32 |
Unidentified Speaker, -
TRANSPORTATION FUNCTIONS NEXT FISCAL YEAR. >> TOTAL LEVEL FISCAL 2013, $57 BILLION. TOTAL OUTLAYS ARE $49 BILLION. ROUNDS TO 50 BILLION
|
| 01:08:02 |
Unidentified Speaker, -
FOR 2013. >> HOW DOES THAT COMPARE TO WHAT WE SPENT THIS YEAR? >> CURRENT SPENDING
|
| 01:08:14 |
Unidentified Speaker, -
FOR -- $89 BILLION IN BUDGET AUTHORITY, AND $92.7 BILLION IN
|
| 01:08:21 |
Unidentified Speaker, -
OUTLAYS. >> 92 BILLION THIS YEAR IN OUTLAYS. 89 BILLION BUDGET AUTHORITY. YOU WOULD TAKE THAT DOWN
|
| 01:08:39 |
Unidentified Speaker, -
TO 57 BILLION IN AUTHORITY, AND ABOUT 50 BILLION IN OUTLAY? >> YES, SIR. >> THANK YOU. >> THANK YOU. THIS IS ONE OF THE AREAS OF THE BUDGET THAT WE...
|
| 01:09:04 |
Unidentified Speaker, -
SURE I UNDERSTAND IT. SO, YOUR BUDGET PRESUMES THAT COMPARED TO THE LEVEL OF TRANSPORTATION FUNDING IN THIS FISCAL YEAR, IN OUTLAYS, YOU WILL REDUCE...
|
| 01:09:34 |
Unidentified Speaker, -
THE TRUST FUND HAS A -- RIGHT NOW EXPENDITURES ARE WELL ABOVE REVENUES. IT'S GOING TO GO BANKRUPT IN FISCAL
|
| 01:09:44 |
Unidentified Speaker, -
YEAR 2013 IF CONGRESS DOESN'T TAKE ACTION, IT'S GOING TO START HAVING TO MAKE DRAMATIC REDUCTIONS UNDER CURRENT LAW TO REBALANCE, TO BRING SPENDING...
|
| 01:10:33 |
Unidentified Speaker, -
GAS, IT WILL TAKE TIME BEFORE THAT SHOWS UP. AND IT PROVIDES A MEK FIX IF THERE ARE ADDITIONAL SAVINGS THEY COOP BE USED, TO CONTINUE AT WHATEVER...
|
| 01:11:00 |
Unidentified Speaker, -
YOU ASSUME WILL BE AVAILABLE. >> YES. THAT IS 4 OR 5 BILLION. THAT GOES TO THE HIGHWAY PROGRAM AND
|
| 01:11:12 |
Unidentified Speaker, -
OFFICESETS THE SHORTFALL. PARTLY. I SHOULDN'T HAVE SAID THAT. >> SO HAS CBO SCORED THAT PARTICULAR PROPOSAL? >> WE'VE BEEN WORKING WITH THE CONGRESSIONAL...
|
| 01:11:36 |
Unidentified Speaker, -
THAT THE CONTRACT AUTHORITY
|
| 01:11:38 |
Unidentified Speaker, -
FOR PROGRAM IS CONTROLLED BY THE AUTHORITYING COMMITTEES. IT'S A PROGRAM THAT THE STATES ULTIMATELY MANAGE IT. THE OUTLAYS ARE CONTROLLED BY THE APPROPRIATIONS...
|
| 01:12:17 |
Unidentified Speaker, -
GAS ROYALTIES, WHETHER CBO SCORED THAT. >> WE GAVE THEM THE ESTIMATES ON OUR -- ON OIL AND GAS, EXPLORATION ALL BASED ON ESTIMATES, BASED
|
| 01:12:33 |
Unidentified Speaker, -
ON THE ASUM THUN THUNS WE GAVE. >> ARE THOSE AVAILABLE? >> LET ME JUST QUEK. I WANT TO CURVEBALL CHECK IN TERMS OF WHAT THE SPECIFIC AREAS ARE OF WHERE...
|
| 01:12:53 |
Unidentified Speaker, -
WANT TO DOUBLE CHECK ON THAT. >> RIGHT. YOU UNDERSTAND WHAT MY QUESTION RAISES, THERE IS A DISTINCTION BETWEEN CBO LOOKING AT A
|
| 01:13:02 |
Unidentified Speaker, -
POLICY PROPOSAL, AND INCLUDING WHAT IS REASONABLE AMOUNT OF REVENUE GENERAL ARE RATE GENERATED AND THEY CALCULATE HOW MUCH REVENUE IS GENERATED. THERE...
|
| 01:13:27 |
Unidentified Speaker, -
COMMITTEE, HAD ABOUT 4 MILLION. SPECIFIC PROVISIONS OF THE BILL THAT CBO SCORED. >> THANK YOU. >> BEFORE WE FINISH THIS, BUT IT JUST -- IT WOULD BE I...
|
| 01:13:47 |
Unidentified Speaker, -
BE COMMITTED TO 56.3 BILLION IN COMMITMENTS THAT HAVE BEEN MADE IN PRIOR YEARS. >> IN TERMS OF EXACTLY HOW EXECUTING A SITUATION WHERE THE HIGHWAY TRUST...
|
| 01:14:49 |
Unidentified Speaker, -
THEY ARE BOUND THAT THEY CANNOT SPEND MORE IS AVAILABLE IN THE TRUST FUND. UNTIL THAT'S GOING TO -- THERE ARE STATES, THE FEDERAL GOVERNMENT AND SO FORTH....
|
| 01:15:09 |
Unidentified Speaker, -
HIGHWAY PROGRAM. THAT YOU'RE ALLOCATING AS I UNDERSTAND IT, 50 BILLION. THERE ARE $56 BILLION OF OUTDELAYS. THAT ARE SCHEDULED. SO IF YOU SHUT EVERYTHING...
|
| 01:15:55 |
Unidentified Speaker, -
LARGEST IS THIS HIGHWAY PROGRAM. WE RESINDH HIGH SPEED RAIL MONEY. OVERALL WE HAVE ASSUMPTION THAT THE HIGHWAY PROGRAM WOULD HAVE TO ACT VERY, VERY...
|
| 01:16:35 |
Unidentified Speaker, -
AGAIN, IT'S FROM TRANSPORTATION WEEKLY, THEY LINE IT OUT, THEY SAY THAT IT'S $56 BILLION ALREADY COMMITTED, AND YOU'RE TELLING US THAT YOU WILL HAVE...
|
| 01:18:00 |
Unidentified Speaker, -
BIPARTISAN TRANSPORTATION BILL. IF I COULD GO BACK TO ASKING SOME QUESTIONS ABOUT THE INCOME SECURITY FUNCTION. FUNCTION 600 WHERE THERE'S A SAVINGS,...
|
| 01:18:39 |
Unidentified Speaker, -
ARE FOOD STAMPS, WHERE OR SNAP, THE PROGRAM'S NAME IS SNAP. WE ASSUME THE PROGRAM MOVES TO A BLOCK GRANT IN 2017 I BELIEVE -- 16, EXCUSE ME, AND GROWS...
|
| 01:19:40 |
Unidentified Speaker, -
THESE DAYS. I THINK THAT'S A HUGE MISTAKE. BUT I'M JUST GOING TO FOCUS ON THE BUDGET QUESTION WITH RESPECT TO SNAP. YOU BLOCK GRANT SNAP AND MAKE ...
|
| 01:20:13 |
Unidentified Speaker, -
BLOCK GRANTING ARE -- THERE'S A PROVISION NOW, I DON'T KNOW IF TED CAN JOIN ME AND DESCRIBE IN MORE DETAIL, WHERE IF YOU QUALIFY I BELIEVE FOR -- LET...
|
| 01:20:35 |
Unidentified Speaker, -
BE AUTOMATICALLY ELIGIBLE FOR FOOD STAMPS IF THEY RECEIVE A FUNDED SERVICE. THAT BASICALLY MEANS IF YOU RECEIVE A BROCHURE OR A 1-800 FROM THE PROGRAM...
|
| 01:21:30 |
Unidentified Speaker, -
GRANT ITSELF? >> $133.5 BILLION. OVER 10 YEARS. >> HOW MUCH IS SAVED BY THE
|
| 01:21:46 |
Unidentified Speaker, -
TANIF REQUIREMENT. >> THAT'S THE TOTAL ESTIMATE. BOTH THE
|
| 01:21:52 |
Unidentified Speaker, -
CATEGORIC LE AND THE BLOCK
|
| 01:21:56 |
Unidentified Speaker, -
GRANT. >> AND SINCE JOB TRAINING IS A CONDITION OF RECEIVING SNAP, AM I RIGHT ABOUT THAT, THAT YOU DO MAKE THAT
|
| 01:22:07 |
Unidentified Speaker, -
A CONDITION? >> WE WANTED TO REPLICATE THE REFORMS THAT WERE ACHIEVED IN THE WELFARE REFORM AREA IN THE 1990S, SO WE WANTED TO MOVE MORE TOWARD
|
| 01:22:18 |
Unidentified Speaker, -
WORK REQUIREMENTS AND SO FORTH, AND WE'VE BUILT THOSE ASSUMPTIONS INTO OUR BUDGET. >> AS YOU MAY REMEMBER, THAT REFORM PROVIDED AT THAT TIME FUNDS TO...
|
| 01:22:35 |
Unidentified Speaker, -
MY QUESTION IS DO YOU ASSUME SINCE YOU MAKE WORK FORCE TRAINING A CONDITION OF RECEIVING FOOD STAMPS, HOW MUCH DO YOU ASSUME WILL BE PROVIDED IN THAT...
|
| 01:22:58 |
Unidentified Speaker, -
OVER THE A PERIOD OF TIME. ENORMOUS GROWTH. THERE ARE A NUMBER OF LEGISLATIVE EXPANTIONS. ULTIMATELY JUST IN THE CASE WITH OTHER PROGRAMS WHERE WE'VE...
|
| 01:23:28 |
Unidentified Speaker, -
BUDGET DOES NOT PROVIDE THOSE STATES WITH ANY FUNDS TO PROVIDE THE JOB TRAINING THAT WOULD BE REQUIRED AS A CONDITION OF RECEIVING FOOD STAMPS....
|
| 01:23:48 |
Unidentified Speaker, -
|
| 01:24:11 |
Unidentified Speaker, -
TRAINING PROGRAMS TO GO TO INDIVIDUALS FOR CAREER SCHOLARSHIP SO THERE IS A JOB TRAINING PROGRAM IN THIS BUDGET, LET'S ALSO NOT FORGET THE FACT AS...
|
| 01:25:00 |
Unidentified Speaker, -
OF THE BUDGET IS A FAIRLY DRAMATIC CUT IN MEDICAID. THIS HAS BEEN EXPLAINED AS A FLEXIBILITY TO OUR GOVERNORS, TO OUR STATES, AND BEING ABLE TO...
|
| 01:25:52 |
Unidentified Speaker, -
MEDICAID FIRST IS SEEING VERY RAPID GROWTH IN THE BASE PROGRAM. ON TOP OF THAT THERE IS A LARGE EXPANSION UNDER THE AFFORDABLE CARE ACT. I BELIEVE...
|
| 01:26:16 |
Unidentified Speaker, -
JUST UNDERSTAND SOME OF THIS IS CUTTING THE AS YOU CALL IT EXPANSION FROM THE AFFORDABLE
|
| 01:26:22 |
Unidentified Speaker, -
CARE ACT. ONE OF MY QUESTIONS FOR YOU IS WHAT STANDARDS OR IS THERE ANYTHING IN THE BUDGET THAT WOULD SUGGEST THAT WE'RE GOING TO HOLD STATES AND GOVERNORS...
|
| 01:27:14 |
Unidentified Speaker, -
DON'T GO INTO THAT LEVEL SPECIFICITY IN THE BUDGET. THAT'S THE ASSUMPTION. ON THE MEDICARE SIDE, TOO, YOU'LL SEE OVER THE LONG TERM THOUGH THE MEDICAID...
|
| 01:27:48 |
Unidentified Speaker, -
OF, DUAL ELIGIBLES. COULD YOU PROVIDE HOW THE ASSUMPTIONS YOU'RE MAKING HOW THAT WOULD BE HANDLED BECAUSE THAT IS SOMETHING THAT'S FAIRLY NEW FOR...
|
| 01:28:06 |
Unidentified Speaker, -
WHETHER THE STATES WOULD HAVE ADEQUATE RESOURCES TO BE ABLE TO
|
| 01:28:09 |
Unidentified Speaker, -
DO WHAT THEY ARE DOING NOW FOR FRAIL, ELDERLY IN OUR NURSING HOMES UNDER MEDICAID GIVEN THE REDUCTIONS THAT ARE BEING MADE IN THIS BUDGET. I YIELD...
|
| 01:28:29 |
Unidentified Speaker, -
RESOLUTION CONTAINS CERTAIN ASSUMPTIONS. IT ALSO ASSUMES ASSUMPTIONS THAT MEDICAID MONEY GOES TO THE MEDICAID POPULATION. A GOVERNOR CAN'T TAKE IT AND...
|
| 01:29:03 |
Unidentified Speaker, -
WAY OF KNOWING AT THIS POINT IN THE BUDGET ABOUT THE DETAIL COMING LATER ABOUT HOW THIS MONEY MIGHT BE USED AND AFFECT OUR FRAILEST AND SICKEST....
|
| 01:29:20 |
Unidentified Speaker, -
THAT POSSIBLE? I WANT TO POINT OUT THAT THE MEDICAID SYSTEM RIGHT NOW
|
| 01:29:24 |
Unidentified Speaker, -
MAKES ITS SUCH THAT WE SPEND A LOT OF MONEY THAT IS WASTED ON FOLKS WHO ARE BY AND LARGE HEALTHY. RIGHT NOW IN THE STATE OF GEORGIA, TWO THIRDS...
|
| 01:29:51 |
Unidentified Speaker, -
THEN THIS IS A STAFF WALK-THROUGH AND STICK WITHIN THE LANES OF THE PROCEDURE OR WE'RE GOING TO HAVE A REAL LONG DAY. >> THANK YOU, MR. CHAIRMAN. LET...
|
| 01:30:07 |
Unidentified Speaker, -
IT'S CUT. THAT FUNCTION IS CUT BY 166 BILLION BELOW THE LINE OVER THE 10-YEAR PERIOD. HOW MUCH OF THAT IS FROM THE STUDENT AID PROGRAMS? >> AGAIN WE...
|
| 01:30:26 |
Unidentified Speaker, -
THE AUTHORIZING COMMITTEES WITH RESPECT TO THE MANDATORY PROGRAMS IN EDUCATION, THERE WERE EXPANSIONS DONE IN SOME BILLS, ONE OF THEM WAS A RECONCILIATION...
|
| 01:31:01 |
Unidentified Speaker, -
AWARD. WE ASSUME THE CURRENT AWARD
|
| 01:31:05 |
Unidentified Speaker, -
LEVEL, THE PRESIDENT'S BUDGET HAS A HIGHER AWARD LEVEL, BUT HIS BUDGET DOESN'T SUSTAIN FUNDING FOR THAT. HE ONLY FUNDS IT FOR TWO YEARS SO OUR...
|
| 01:31:45 |
Unidentified Speaker, -
ASSUME THE DOUBLING OF THE STAFFORD LOAN INTEREST RATES THAT ARE COMING OUT? >> WE MAKE NO CHANGE WITH RESPECT TO THE
|
| 01:31:53 |
Unidentified Speaker, -
ASSUMPTION IN THE BASELINE. THAT'S UNDER CURRENT
|
| 01:31:58 |
Unidentified Speaker, -
LAW. >> LET ME TURN TO THE FUNCTION 920, ALLOWANCES. YOUR BUDGET SHOWS FOR EACH OF THE
|
| 01:32:09 |
Unidentified Speaker, -
FUNCTIONS, SORT OF CERTAIN SPENDING, I ASSUME THEY ARE TARGETS FOR THE DIFFERENT AREAS. DEFENSE, INTERNATIONAL AFFAIRS, EDUCATION, THEN YOU'VE GOT...
|
| 01:32:39 |
Unidentified Speaker, -
FUNCTION 920, IN ADDITION, WE FOCUS ON DISCRETIONARY PROGRAM, 2013 IN WHAT'S GOING ON IN OUR ASSUMPTIONS. WE CARRY SOME OF THOSE ASSUMPTIONS INTO THE...
|
| 01:34:04 |
Unidentified Speaker, -
CATEGORY, SO THE PROPOSATERS COULD CUT DEFENSE OR BY ANY AMOUNT UP TO THAT IS THAT RIGHT? >> OUR OVERALL DISCRETIONARY LEVELS, THE BUDGET CONTROL ACT...
|
| 01:34:23 |
Unidentified Speaker, -
COMMITTEE BEYOND 2013 WE ASSUME TOTAL DISCRETIONARY SPENDING AT THOSE LEVELS. OUR DEFENSE SPENDING IS FROZEN AT THIS YEAR'S LEVEL WHICH IS HIGHER THAN...
|
| 01:34:56 |
Unidentified Speaker, -
ARE SHOWING A CERTAIN LEVEL OF SPENDING BUT YOU'RE ALSO SHOWING LEVELS OF SPENDING IN THE OTHER FUNCTIONS. >> YES. >> YOU HAVE THIS ALLOWANCE AT THE...
|
| 01:35:11 |
Unidentified Speaker, -
WOULD REMAIN AT THE SAME LEVEL IN ALL OF THOSE FUNCTIONS ANY MORE THAN ANY OTHER FUNCTION? >> IF YOU LOOK AT THE BASELINE, IT HAS VERY, VERY LARGE SAVINGS...
|
| 01:35:29 |
Unidentified Speaker, -
ADDITIONAL SAVINGS ARE ON THE ORDER OF $200 BILLION. WE DID ASSUME SPECIFIC SAVINGS THAT ARE DIFFICULT TO DISTRIBUTE IN THE INDIVIDUAL FUNCTIONS FROM...
|
| 01:36:10 |
Unidentified Speaker, -
APPROPRIATES FUNDS. >> WE COULD CREATE
|
| 01:36:12 |
Unidentified Speaker, -
A FIRE WALL. >> WE DO NOT CREATE A FIRE WALL. >> SO MY LAST SET OF QUESTIONS MR. CHAIRMAN, LAST ONE. THOUGH THEN WITH YOUR OWN INDULGENCE WE HAVE MINOR
|
| 01:36:25 |
Unidentified Speaker, -
ONES WE THINK HOPEFULLY THE STAFF CAN ANSWER IN MORE DETAIL. WITH RESPECT TO THE OVERALL DISCRETIONARY CAP FOR THIS YEAR IN YOUR BUDGET, WHICH OF COURSE...
|
| 01:37:23 |
Unidentified Speaker, -
YEAR 2013 WAS 1 TRILLION 47 BILLION DOLLARS. THE JOINT SELECT COMMITTEE WAS ASSIGNED TO ACHIEVE SAVINGS. IF IT DIDN'T ACHIEVE SAVINGS WHICH IT DID...
|
| 01:38:14 |
Unidentified Speaker, -
AMENDMENTS. YES. >> I REFERENCED AN ARTICLE -- >> WITHOUT OBJECTION. ABSOLUTELY. SURE. >> I PROVIDED STAFF. >> SOUNDS GOOD. WE'LL PROCEED WITH CONSIDERATION...
|
| 01:38:31 |
Unidentified Speaker, -
THE FISCAL YEAR
|
| 01:38:35 |
Unidentified Speaker, -
2013 CURRENT KES LOOGS RESOLUTION. UNDER RULE -- SORRY. WRONG PAGE. UNDER COMMITTEE RULE 9 T COMMITTEE WILL CONSIDER A DOCUMENT CONTAINING THE BUDGET...
|
| 01:40:07 |
Unidentified Speaker, -
INTO RECESS. >> THE GENTLEMAN ASKED FOR UNANIMOUS CONSENT. WITHOUT OBJECTION AGREED TO. >> ARE THERE
|
| 01:40:18 |
Unidentified Speaker, -
AMENDMENTS? MISS SCHWARTZ, I THINK YOU'RE FIRST UP. >> THANK YOU. YES. I DO HAVE AN AMENDMENT AND -- >> THE CLERK WILL
|
| 01:40:26 |
Unidentified Speaker, -
DESIGNATE THE AMENDMENT. THE STAFF
|
| 01:40:28 |
Unidentified Speaker, -
WILL DISTRIBUTE. >> AMENDMENT OFFERED BY MISS SCHWARTZ, RELATING
|
| 01:40:33 |
Unidentified Speaker, -
TO MEDICARE. >> MISS SCHWARTZ. >> YES. I THINK I WOULD BE MORE
|
| 01:40:37 |
Unidentified Speaker, -
EXPLICIT TO SAY IT'S AN AMENDMENT THAT WOULD PREVENT THE BUDGET TO END
|
| 01:40:42 |
Unidentified Speaker, -
MEDICARE AS WE KNOW IT. AND I WOULD WANT TO JUST BEGIN AND THEN A COUPLE OF OTHERS THAT WANT TO SPEAK TO. FOR DECADES MEDICARE HAS BEEN A LIFE LINE...
|
| 01:44:43 |
Unidentified Speaker, -
WELL, THE INCREASE IN COSTS FOR BENEFICIARY IN THE PRIVATE MARKET HAVE BEEN GOING UP AT LEAST AS FAST IN MOST YEARS FASTER THAN THE INCREASE OF COSTS...
|
| 01:47:30 |
Unidentified Speaker, -
COUNTRY. IT'S SOMETHING THAT HAS WORKED FOR A LONG TIME. WE NEED TO CONTAIN THE RATE OF GROWTH OF COSTS IN THE RIGHT WAY AND PROTECT OTHER SOVIET UNIONIERS...
|
| 01:47:57 |
Unidentified Speaker, -
THE WIRE SS AARP HAS JUST
|
| 01:48:00 |
Unidentified Speaker, -
SENT US ALL A LETTER THAT DOES TALK TO THE FACT THAT -- >> NO, NO. I'M SORRY. WAS MY MIKE ON? YES. ALL RIGHT. PLEASE, CONTINUE. I APOLOGIZE. >> THANK...
|
| 01:48:12 |
Unidentified Speaker, -
I WOULD LIKE TO JUST SAY THAT THEY DO, HAVE SENT US SOMETHING I WOULD LIKE TO QUOTE, THAT THE HOUSE
|
| 01:48:20 |
Unidentified Speaker, -
REPUBLICAN BUDGET PROPOSAL, WHILE -- LACKS BALANCE JEOPARDIZES THE HEALTH AND SECURITY OF OLDER AMERICANS AND PUTS AT RISK THE BIPARTISAN AGREEMENT...
|
| 01:49:12 |
Unidentified Speaker, -
THE PROBLEMS WITH MEDICARE AND RISING HEALTH CARE COSTS LAST YEAR WHEN
|
| 01:49:16 |
Unidentified Speaker, -
WE, YEAR BEFORE LAST, ACTUALLY, WHEN WE ADDED 12 YEARS TO THE SOLVENCY OF MEDICARE THREW THROUGH THE AFFORDABLE HEALTH CARE ACT. IT IS A REAL MISTAKE...
|
| 01:49:56 |
Unidentified Speaker, -
GOING TO CLAIM TIME ON EVERYONE
|
| 01:49:58 |
Unidentified Speaker, -
ONE OF THE MOMENTS BUT ON THIS ONE I'M GOING TO. I'D LIKE TO DEBUNK THE ENTIRE POLITICAL ATTACKS ON THE REPUBLICAN EFFORT TO SAVE MEDICARE. FIRST,...
|
| 01:51:21 |
Unidentified Speaker, -
THE REPUBLICAN BUDGET. LET'S LOOK AT HOW THIS BUDGET PUTS MEDICARE SPENDING ON A SUSTAINABLE PATH. MAY I CLICK? YEP. MY BATTERY'S WORKING NOW ON THIS....
|
| 01:57:09 |
Unidentified Speaker, -
AMENDMENT THE END OF MEDICARE AS WE FWLOE IT AMENDMENT, THE FACT OF THE MATTER IS AS THE CHAIRMAN POINTED OUT, THAT'S WHAT THE PRESIDENT'S HEALTH CARE...
|
| 01:58:46 |
Unidentified Speaker, -
GOING TO TRY TO SPLIT THIS ONE AND YIELD HALF A MINUTE TO MR. VAN HOLLEN. >> IF WE COULD, COULD I PUT THAT CHART BACK UP? I
|
| 01:58:53 |
Unidentified Speaker, -
THINK IT'S A VERY USEFUL CHART. A VERY USEFUL CHART. PUT THAT UP, PLEASE, FOR THE --
|
| 01:58:59 |
Unidentified Speaker, -
IS IT COMING UP? HERE. LET ME -- YOU WANT THE WHOLE THING? >> YEAH. I DO. ALL THREE LINES. BECAUSE I THINK THIS MAKE AS VERY USEFUL POINT. THANK YOU,
|
| 01:59:12 |
Unidentified Speaker, -
MR. CHAIRMAN. THE FIRST POINT IT MAKES, D.C. SS IS DESPITE EVERYTHING WE HEARD, THE DEMOCRATS DIDN'T HAVE A PLAN TO CONTAIN MEDICARE COSTS WHAT IT SAYS...
|
| 02:00:29 |
Unidentified Speaker, -
LOT MORE DISCUSSION TO HAVE HERE. WE'RE COMMITTED TO KEEPING MEDICARE, STRENGTHENING, CONTINUING IT, SEE IT CAN BE DONE, WE'RE DOING IT. >> AND...
|
| 02:00:43 |
Unidentified Speaker, -
AMENDMENT OFFERED BY THE GENT GENTLE LADY FROM PENNSYLVANIA. EYES, NOss? >> OPINION OF THE CHAIR, THE NOs HAVE IT. A RECORDED VOTE IS REQUESTED OF ...
|
| 02:01:00 |
Unidentified Speaker, -
THE ROLL. >> MR. GARRETT? MR. SIMPSON. MR. SIMPSON? NO. MR. CAMPBELL? MR.
|
| 02:01:11 |
Unidentified Speaker, -
CAMPBELL, NO. MR. CALVERT? NO. MR. AIKEN? MR. AIKEN, NO. MR. COLE? MR. COLE, NO. MR. PRICE. MR. PRICE, NO. MR. McCLINTOCK. MR. McCLINTOCK NO. MR....
|
| 02:02:35 |
Unidentified Speaker, -
AYE. MR. KAPTUR? AYE? MR. BLOOMEN NOUR, AYE. MR. McCULLUM, MR. YARMOUTH. MR. PASCRELL? MR. HONDA? MR. HONDA, AYE. MR. RYAN OF OHIO. MR. RYAN, AYE....
|
| 02:03:35 |
Unidentified Speaker, -
TO VOTE TORE CHANGE THEIR VOTE?
|
| 02:03:41 |
Unidentified Speaker, -
IF NOT, THE CLERK SHA REPORT. >> MR. CHAIRMAN ON THAT VOTE, AYES 13, NOs ARE 20. >> NOs HAVE IT. THE AMENDMENT IS NOT AGREED TO. ARE THERE FURTHER
|
| 02:03:51 |
Unidentified Speaker, -
|
| 02:03:54 |
Unidentified Speaker, -
AMENDMENTS? IT'S, MS. KAEFRTCASTOR, I THINK. ISN'T IT? YEAH, I DO, BUT I JUST WANT TO GET -- YEAH. GO AHEAD AND OFFER -- >> THANK YOU, MR. CHAIRMAN....
|
| 02:04:19 |
Unidentified Speaker, -
FLORIDA? >> AMENDMENT OFFERED BY MS. CASTOR RELATING TO
|
| 02:04:24 |
Unidentified Speaker, -
MEDICARE. GENTLE LADY IS RECOGNIZED NINE MINUTES. >> THANK YOU, MR. CHAIRMAN. MR. CHAIRMAN, IN ADDITION
|
| 02:04:29 |
Unidentified Speaker, -
TO THE REPUBLICAN PLAN THAT BREAKS THE PROMISE OF MEDICARE AND ENDS MEDICARE AS WE KNOW IT,
|
| 02:04:34 |
Unidentified Speaker, -
THE REPUBLICANS ALSO PROPOSE TO RAISE THE COST OF PRESCRIPTION DRUGS AND SLASH THE SMART, NEW BENEFITS AND POPULAR CONSUMER REFORMS THAT HAVE BEEN...
|
| 02:08:23 |
Unidentified Speaker, -
VOUCHER PLAN, PREMIUM SUPPORT PLAN THEY PREFER TO CALL IT, WOULD NOT CHANGE ANYTHING FOR CURRENT SENIORS. THAT IS SIMPLY NOT TRUE. IT WAS JUST SAID...
|
| 02:09:55 |
Unidentified Speaker, -
EMPHASIZE A POINT THAT'S ALREADY BEEN MADE, WHICH IS THIS BUDGET DOES
|
| 02:09:58 |
Unidentified Speaker, -
IMMEDIATELY, IMMEDIATELY, REDUCE BENEFITS TO MEDICARE BENEFICIARIES, BECAUSE THE AFFORDABLE CARE ACT DOES CLOSE THAT DOUGHNUT HOLE. THAT PROVIDES THAT...
|
| 02:11:27 |
Unidentified Speaker, -
YEAH. >> THANK YOU. FOR MANY AMERICAN FAMILIES THE FIRST REAL AFFECT OF THE AFFORDABLE CARE ACT WILL BE FELT BY THEM IN A POSITIVE WAY IN 2014. BUT...
|
| 02:11:32 |
Unidentified Speaker, -
|
| 02:11:48 |
Unidentified Speaker, -
DOLLARS ACROSS THE COUNTRY ON PRESCRIPTION DRUG COSTS. ONE OF THE FOCUSES ON ENCOURAGING COST CONTROL IS PREVENTION, AS MS. CASTOR HAS SAID, AND THERE...
|
| 02:12:59 |
Unidentified Speaker, -
AND BREAK THE PROMISE OF MEDICARE THAT ALLOWS ALL OF OUR PARENTS AND GRANDPARENTS AND GENERATIONS TO COME TO LIVE THEIR RETIREMENT YEARS IN DIGNITY, AND...
|
| 02:13:36 |
Unidentified Speaker, -
NOW RECOGNIZE DR. PRICE. TEN MINUTES. HOPEFULLY IT WON'T TAKE ALL THAT AND WE CAN GET TO THE FLOOR WITH
|
| 02:13:42 |
Unidentified Speaker, -
VOTE. >> WITH ALL DUE RESPECT TO MY COLLEAGUE PROPOSING THIS AMENDMENT THAT SAYS THIS IS BREAKING THE PROPS TO MEDICARE TO LOOK IN THE MIRROR. LOOK,
|
| 02:13:50 |
Unidentified Speaker, -
THE FACT OF THE MAT SIR THAT THE PRESIDENT'S LAW, THE LAW PASSED LAST CONGRESS, DOES IN FACT BREAK THE PROMISE TO SENIORS BECAUSE IT REMOVES $500 BILLION...
|
| 02:16:17 |
Unidentified Speaker, -
THAT'S ALREADY BEEN DONE, THE PATIENT AFFORDABILITY ACT, HALF A TRILLION DOLLARS TAKEN OUT OF THE MEDICARE FUND, AND PUT INTO THE EXCHANGES, AND SO...
|
| 02:17:20 |
Unidentified Speaker, -
CLOSE. >> THANK YOU VERY MUCH, MR. CHAIRMAN. I WOULD SAY TO MY COLLEAGUE FROM GEORGIA IF
|
| 02:17:24 |
Unidentified Speaker, -
YOU AGREE MEDICARE BENEFITS AND OLDER AMERICANS SHOULDN'T BE HARMED
|
| 02:17:28 |
Unidentified Speaker, -
THEN YOU SHOULD SUPPORT MY AMENDMENT, IF YOU DON'T THINK THE REPUBLICAN BUDGET CHANGES BENEFITS, THEN I DON'T SEE WHAT PROBLEM YOU WOULD HAVE. MY AMENDMENT...
|
| 02:18:33 |
Unidentified Speaker, -
ON IT. >> THE -- >> GENTLE
|
| 02:18:36 |
Unidentified Speaker, -
LADY, COME ON. THE QUESTION OFFERED BY THE GENT. LADY FROM FLORIDA, ALL THOSE IN FAVOR SAY AYE. OPPOSED SAY NO. THE NOs HAVE
|
| 02:18:45 |
Unidentified Speaker, -
IT. ROLL CALL VOTE REQUESTED. THE CLERK WILL CALL THE ROLL. >> MR. GARRETT? MR. SIMPSON? MR. SIMPSON, NO. MR. CAMPBELL? MR. CAMPBELL, NO.
|
| 02:18:59 |
Unidentified Speaker, -
MR. CALVERT? MR. CALVERT NO. MR. AIKEN? MR. AIKEN, NO. MR. COLE? MR. COLE, NO. MR. PRICE? MR. PRICE, NO. MR. McCLINTOCK? MR. IN CLIN TOK, NO? MR....
|
| 02:20:57 |
Unidentified Speaker, -
MR. WASS-- MS. WASSER MAN SCHULTZ? AYE. >> THE CLERK WILL REPORT. >> MR. CHAIRMAN ON THAT VOTE, THE AYES ARE 15 AND THE NOs ARE 22. >> THE NOs
|
| 02:21:08 |
Unidentified Speaker, -
HAVE IT. THE AMENDMENT IS NOT AGREED
|
| 02:21:10 |
Unidentified Speaker, -
TO. SINCE WE HAVE FOUR VOTES,
|
| 02:21:15 |
Unidentified Speaker, -
MARKUP IS RECESSED SUBJECT TO THE CALL OF THE CHAIR. >>>
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.