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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on March 24, 2010, 06:24:17 AM
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Graham: 'Well Has Been Poisoned' By Health Care Law
Wednesday, March 24, 2010
www.foxnews.com
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Sen. Lindsey Graham
This is a rush transcript from "On the Record," March 23, 2010. This copy may not be in its final form and may be updated.
GRETA VAN SUSTEREN, FOX NEWS HOST: Well, whether you love it or hate it, the health care reform bill the president signed today is a big deal. So what happens now? Republican Senator Lindsey Graham went "On the Record."
(BEGIN VIDEOTAPE)
VAN SUSTEREN: Senator, nice to see you, sir.
SEN. LINDSEY GRAHAM, R - S.C.: Glad to be with you.
VAN SUSTEREN: Well, it seems like there are a lot of ruffled feathers over here. In fact, even Senator McCain came out with some strong language...
GRAHAM: Yes!
VAN SUSTEREN: ... saying there'd be no more cooperation until the end of the year.
GRAHAM: Well, the well has been poisoned. People are upset at the process used to pass this bill. Basically, reconciliation is being abused. And when you think about, it's nullifying Scott Brown's election. If they had gone through the normal course of business, where you pass a bill in the House, you pass a bill in the Senate, there's differences, you work it out in conference, you send it back to both bodies, you got a 60-vote hurdle in the Senate. Scott Brown said if he went to the Senate, he would vote to kill this bill.
Reconciliation avoids the conference system. So basically, we're going to be passing the Senate bill with changes without using a conference. And Scott Brown never gets to vote on health care, and that's made a lot of us mad.
VAN SUSTEREN: So were the Republicans outsmarted in the procedure?
GRAHAM: No, they just used something that no one's ever used before.
VAN SUSTEREN: Crooked? Cheated? Sleazy?
GRAHAM: Well, I think -- I think it is sleazy and I think it's inappropriate and it unleashes some unhealthy forces. Senator Byrd objected to the reconciliation process being used to pass the Clinton health care. This is one sixth of the economy. They're stopping the Senate from having a say on the differences between the House and the Senate by going to 51 votes.
Republicans are being dealt out of the game. Scott Brown never gets to vote on the health care legislation he campaigned against. And this will come back to bite them in the butt.
VAN SUSTEREN: Let's pull off one aspect of it, the student loan program.
GRAHAM: Yes.
VAN SUSTEREN: Explain to me -- a lot of Americans wonder what do student loans have to do with health care.
GRAHAM: Sure.
VAN SUSTEREN: Why is this part of -- why is this in the mix?
GRAHAM: I'm wondering that, too.
VAN SUSTEREN: Oh, good! We're both wondering! We're both asking the question!
GRAHAM: The price tag of this bill is over a trillion dollars. They're raising taxes by...
VAN SUSTEREN: They say it's $940 billion.
GRAHAM: Well, when you add in interest and everything else, it's going to be well over a trillion dollars. So how do they pay for it? They cut Medicare by over $500 billion -- not to save Medicare but to take money out of Medicare, senior citizens, to pay for the uninsured. They raised taxes by $600 billion. But that's not enough. That doesn't get you there.
So they're taking the student loan program that 19 million students have access to, they're giving the student loan program completely to the federal government. You want government takeover? Well, then, your ship has come in. Every student in the country can get their -- has to go to the federal government to get their student loan. So what the federal government has done is dealt out the private sector, and they're lending money at 6.4 percent, we're borrowing it at about 2.6 percent. The difference the federal...
VAN SUSTEREN: The spread, the 4 percent spread or...
GRAHAM: Goes to the federal government. And guess what? Nine-point- one billion dollars of money created by the student loan takeover by the federal government is going to pay for health care. So it's not enough to increase the taxes on these students when they get a job because that's what will happen to them under this health care bill. It's not enough to pass on $2 trillion of debt. That's what happens when you look at this bill in perpetuity. You got to hit them while they're in school. This stinks.
VAN SUSTEREN: Now, this 4 percent spread, was this something that before was being paid into the private sector, or I mean, is the cost to the students still the same, it's just a question of where the 4 percent goes?
GRAHAM: The average student will be spending $1,700 to $1,800 more during the life of their loan because of this surcharge. From the students' point of view, it's going to cost you $1,700 to $1,800 more to pay your student loan off, and all the money goes to the federal government. At the end of the day, they took the student loan business over to generate income for the federal government and they've applied it to paying for this health care bill.
VAN SUSTEREN: Are you going to have an amendment on this?
GRAHAM: You better believe it! And the one thing I want students to do is speak up. Your student loan rates are going to change. You're going to have one place to get your student loan from.
VAN SUSTEREN: Are the Democrats saying they're doing this to help finance the health care reform bill, or do they say that there is another reason? Is there more...
GRAHAM: They're...
VAN SUSTEREN: What's their explanation for it?
GRAHAM: They're saying that the banking system doesn't work, that the private lenders ought to be taken out of the equation, no private sector entity should make money sending kids to school. So we're going to have a federally government run student loan program. You know, it's not enough to own a car company, we got to take over all the student loans in the country. So they're saying this is better for the students.
The truth is that the spread between what we borrow the money and we charge the student is about 4.2 percent, maybe a little bit higher. It generates money for the federal government to be used not to retire the deficit, not to help students go to school, but to pay for this health care bill. So this is another example of a government takeover of the private sector that will cost the average person more money. And why they're doing it? To pay for a health care bill that they can't afford unless they start robbing students.
VAN SUSTEREN: Thank you, sir.
GRAHAM: Thank you.
(END VIDEOTAPE)
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Obama = Madoff on roids.
The college students are literally getting robbed by obama to pay for this. Freaking suckers.
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You see, this is where you have to balance issues. I'm glad Senator Graham is fighting this and also brought this up. I emailed him and called his office many times over the last few months regarding healthcare alone. My problem is that the guy is also for amnesty and for Cap and Trade; the fucktard is actually co-sponsoring the bill, supposedly he helped write it! The guy is already hearing from me regarding Cap and Trade, I just hope he hears enough from my fellow South Carolinians to drop this travesty of a bill. ::)
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You see, this is where you have to balance issues. I'm glad Senator Graham is fighting this and also brought this up. I emailed him and called his office many times over the last few months regarding healthcare alone. My problem is that the guy is also for amnesty and for Cap and Trade; the fucktard is actually co-sponsoring the bill, supposedly he helped write it! The guy is already hearing from me regarding Cap and Trade, I just hope he hears enough from my fellow South Carolinians to drop this travesty of a bill. ::)
I cant believe the GOP dropped the ball on this so bad. this issue alone that Graham is exposing should be enough for riots alone.
They are literally robbing students blind.
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I cant believe the GOP dropped the ball on this so bad. this issue alone that Graham is exposing should be enough for riots alone.
They are literally robbing students blind.
I'm one of them...Graham's office already has an email from me about this. I will be back in school starting this summer and I know I will have to get student loans to do so.
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I'm one of them...Graham's office already has an email from me about this. I will be back in school starting this summer and I know I will have to get student loans to do so.
And the morons in California in the UC system will blame whitey.
How anyone cannot see through this theft is beyond me.
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everyone in america is screwed, as long as the commie pofs babam is pres and has his thugs , man i hope newt runs for pres, he could fix this sesspool, and i think he has enough sack to do it if he won
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everyone in america is screwed, as long as the commie pofs babam is pres and has his thugs , man i hope newt runs for pres, he could fix this sesspool, and i think he has enough sack to do it if he won
Serious - how can anyone be ok with this crap?
Of course, the kneepadders like Mons, Blacken, Straw, Benny, Lurker, and depending on the day of the week, 240, will all sit silent on this.
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easy you either just have no clue, or you are a communist pofs just like bam bam
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easy you either just have no clue, or you are a communist pofs just like bam bam
Oh I have a clue, I know exactly what is going on. I see reality and things for what they are, not as how con men and thieves want me to see them.
Sadly, most people buy into the garbage from Obama at face value without anything else.
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I thought ObamaCare was about helping the poor. There’s no poverty quite like college-student poverty.
Now college students, the average of whom leaves school at least $30,000 in debt, will now get sodomized EVEN MORE, by Mr. Hope-and-Change.
Perhaps, he should have changed his slogan to "Yes, we can.....NOW BEND OVER!!!"
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I thought ObamaCare was about helping the poor. There’s no poverty quite like college-student poverty.
Now college students, the average of whom leaves school at least $30,000 in debt, will now get sodomized EVEN MORE, by Mr. Hope-and-Change.
Perhaps, he should have changed his slogan to "Yes, we can.....NOW BEND OVER!!!"
This should be on the news blasted 24/7.
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Another element of government takeover. Interesting, I have heard very little about this on the news.
People are oblivious as the government is being granted more influence over the lives of our citizens.
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Another element of government takeover. Interesting, I have heard very little about this on the news.
People are oblivious as the government is being granted more influence over the lives of our citizens.
The idiots on this board rather talk about palin, their coke habit, etc.
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when the $ mess gets too messy, we'll start a war and everything will reset. isn't that what nations do, historically?
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when the $ mess gets too messy, we'll start a war and everything will reset. isn't that what nations do, historically?
240 - what do you think about what Graham said here?
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I think that I'd rather hear about it from a non-partisan person.
Graham has been saying EVERY SINGLE MOVE obama makes will screw us all.
IF IF IF IF IF Obama delivered a move that would help the economy or future in any way, we all know that graham WOULD NOT ADMIT IT. Can you list any quotes from graham about anything GOOD that obama has done?
So personally, I trust groups or individuals with NO dog in the fight. LIke the CBO or similar groups.
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I think that I'd rather hear about it from a non-partisan person.
Graham has been saying EVERY SINGLE MOVE obama makes will screw us all.
IF IF IF IF IF Obama delivered a move that would help the economy or future in any way, we all know that graham WOULD NOT ADMIT IT. Can you list any quotes from graham about anything GOOD that obama has done?
So personally, I trust groups or individuals with NO dog in the fight. LIke the CBO or similar groups.
::) ::)
I already blew up your argument in tghe other thread on this.
BTW 240 - Graham is already on board for amnesty and cap & trade, which I detest.
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::) ::)
I already blew up your argument in tghe other thread on this.
BTW 240 - Graham is already on board for amnesty and cap & trade, which I detest.
Bump. This is exactly how the govt plans on stealing and taking over everything and its right out of Creature from Jkyll Island. The govt will print the money out of nothing to loan to the students and then get a huge income stream from debt laden students to spend on all sorts of garbage.
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Welfare is looking pretty good right now.
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Welfare is looking pretty good right now.
The sad thing is that welfare, section 8, wic, etc pays more than working for most people.
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The sad thing is that welfare, section 8, wic, etc pays more than working for most people.
Free insurance, too!!
Start hearing voices, default on student loans, and collect the SSI check.
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Free insurance, too!!
Start hearing voices, default on student loans, and collect the SSI check.
Thanks, I feel so proud of my country now.
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Bump. This is exactly how the govt plans on stealing and taking over everything and its right out of Creature from Jkyll Island. The govt will print the money out of nothing to loan to the students and then get a huge income stream from debt laden students to spend on all sorts of garbage.
Better the government spend/invest the money into existance, and earn the interest and income these loans generate, than a private bunch of parasites/leeches who produce nothing and contribute nothing to society.
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Thanks, I feel so proud of my country now.
No work or bills to worry about other than your track phone and cable. :)
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No work or bills to worry about other than your track phone and cable. :)
And beer money.
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Better the government spend/invest the money into existance, and earn the interest and income these loans generate, than a private bunch of parasites/leeches who produce nothing and contribute nothing to society.
No, we are inflating the cost of an education and sticking the students with debt they wont be able to pay off to fund garbage nonsense now. Its stealing.
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invest the money into what??? people that are too worthless to stop fucking and having kids even though they dont ever plan on getting a job to pay for these kids, sounds like a shitty investment if you ask me. or investing in people that cant get off the crack pipe. again not a very sound investment. hell i would rather go to vegas and try my chances there
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And beer money.
Have some kids and claim they're afflicted with ADD or some other random learning disability to get some more free Govt money. :)
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invest the money into what??? people that are too worthless to stop fucking and having kids even though they dont ever plan on getting a job to pay for these kids, sounds like a shitty investment if you ask me. or investing in people that cant get off the crack pipe. again not a very sound investment. hell i would rather go to vegas and try my chances there
I was referring to the student loans as the investment, but if you want to keep your blinders on, there's no point in trying to have any sort of discussion.
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I was referring to the student loans as the investment, but if you want to keep your blinders on, there's no point in trying to have any sort of discussion.
I'm really surprised someone involved in business transactions can't appreciate the difference between an investment and a subsidy that guarantees lower income. Ignore that the taxpayer is screwed on both ends and graduates are indentured servants for a minute and take a longer view.... even once the loans are paid off people with degrees won't be able to find competitive salaries because so much subsidized labor is available. I'll try your old language: Why pay people when interns will do it for free? :)
If you think having no job or a salary cap is fine, that's a different story.
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I was referring to the student loans as the investment, but if you want to keep your blinders on, there's no point in trying to have any sort of discussion.
Jag watch this and get a clue.
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Not to mention more overall dependence on the government. Students are being conditioned to rely more on the gov as they are funding their education (and providing no incentive for colleges to cost cut).
Another problem I have with gov programs like these are that the gov does not treat people equally. Middle income kids get screwed under the gov. Poor kids are elligible for pell grants (expanded under this specific program) and a large # of subsidies, rich kids often have their parents help or foot the bill, the large # of middle income kids stuck with big loans to pay back.
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Yup. And that is exactly how the left wants it.