Get Adobe Flash Player to see this content.

About This Video

'Something Historic'

Title:

'Something Historic'

Published: Thu, 29 Oct 2009

Description: Speaker Pelosi unveils House health care bill that includes so-called 'public option'

-

Automatically Generated Transcript (may not be 100% accurate)

" He -- Pelosi now on Capitol Hill when it drop in here get the headlines."

" Cost of the work. -- back three great chairman of the committee in the house. Chairman Charlie Rangel at ways in Maine thank goodness there. Chairman Henry Waxman the energy and commerce committee. Except George Miller had that here. Chairman George and -- had been hearing. Some of our other chairs and other members there and here is because the work of congress does not stop just because they have an important. Message to -- but I am very grateful for that -- section of members that we -- generation only geographically philosophically. In every way. From all of the committees of jurisdiction with that worked on this legislation. And also. Members of the caucus who participated over and over again. Under the leadership but our chairman John Larson and -- chair happier if there. So here we are. For nearly a century. It's really over a century. Leaders of all political parties starting. A century ago when the president -- Roosevelt. Have caught and fought for health care and health insurance reform. Today. We are about to deliver on the promise of making affordable quality health care available for all Americans. Laying -- down day. -- For generations to come. The affordable health care for America act is founded on key principles of American success. Opportunity. -- competition. And innovation. We had listened to the American people we are putting forth a bill that -- best values and addresses. Our greatest challenges. And we are putting it online. For all Americans to see. Here's what I health insurance reform legislation will mean to American families workers and the economy. Thank you know insurance companies of America. Why -- legislation is important. Affordability. For our middle class. It lowers costs for every patient -- and premiums co pays and deductibles. Then it out of pocket costs and let the cat on what insurance company covered each year. Portability for the middle class security act states to seniors by strengthening Medicare. Secure the financial stability. And solvency of Medicare for years to come. Provide seniors with better benefits and guaranteed access. To their doctors. And in this legislation. We will. Immediately begin to close the doughnut hole. -- ability of the middle class security for our seniors responsibility. To act children. It reduces the deficit meets president Obama's call to keep the cost under 900 billion dollars over ten years. And ensures. 36 million more -- there and they're pretty. This Philly fans will not add one dime. To the deficit as it expands coverage implement -- that promotes prevention and wellness across the health system. The bill will expand coverage including a public option to boost choice and competition. And the health insurance reform. 986%. Of all of marriage can. And it puts affordable coverage in reach for millions of uninsured and underinsured families. Lowering health care costs for all of us. Very important thing here is that it will end discrimination. For pre existing medical center. Quality medical care to those who are shut out of the system -- far too long. And because of the work of our members and hasn't. Meetings across the country we know that prevention and wellness are important. Part of this legislation put thing. Major new emphasis on preventative care expands access to screenings and other. Treatments to keep Americans healthy and promote workplace well. It drives for health care reform is moving forward. The affordable health care act will ensure again affordability for the security act seniors and responsibility to -- children. As we consider it continue to move through the legislative press that it is critical to remember what this means to the American people. Today we will hear stories that -- act as our inspiration. With the listening to people with hopes are our motives for action -- president had said. Our success will be -- progress will be measured by the success of America's families in making progress. With themselves. And so these stories. I've played that need our attention we'll have our action and we look forward to hearing him. I have that we had are very proud of the work of everyone in our caucus in all the the staff is an extraordinary. The public input has been absolutely necessary. A key player from the star. Working with factory chairman coordinating that effort so that we would arrive at something star. Something that changes the way business is done in Washington DC by having these three committee's work together. And come together with the bill to make significant change. For the better for the American people is simply would not have been possible without the extraordinary leadership. About our great majority leader. -- What -- today."

" What a day for America. And what a day for all of our people. And this day would not have happened. Had it not been probably indefatigable. Leadership. And focus. And work. Of the speaker of the house of represent Mexico. Today. We are one step further. -- long hard road. The road to bring quality affordable health care. To every one of our fellow citizens. But in this congress. We're here to introduce a new health insurance reform bill thanks to the commitment to this -- shared by every member of -- I told members of the press and the public over and over and over again there is not one member of our caucus. From every region of the country who did not say it took us we need to adopt health care reform. Or Americans struggling with -- cost of health care this is it urgently needed bill. But befitting the importance of this legislation. The process of putting it together has been delivered it. Transparent. And open. The most delivered it transparent and open process I have seen for any bill. In my 49 year career. We've held over a hundred hearings on healthcare since 207. This year alone on the leadership of the chairman of our caucus. John Larsen we've held close to 3000. Health care events in our district and every part of our current. Three committees. Have spent a 160. Hours of hearings. Under the leadership of Charlie Rangel. Henry Waxman. And George Miller. Mark -- on health care legislation have been held open -- with all types of amendments. Offered and discuss. Much of the legislation is being announced today has been available for review and comment for over three months. Online. So that every American could read it and give us their input. And the members of the Democratic Caucus have listened to our -- And yes we're here at a historic time. Went for over half a century. A family. Elected by their citizens to come to this congress have raised have raised the banner of health care for all that they could afford. I want to congratulate my friend. The principal sponsor of this legislation. -- We will keep. Our promise. And commitment to the integrity of this process by making the bill's full text. Which will be online as the speaker said as we speak. And the manager's amendment to make sure we have this exactly right. Publicly available for 72 hours before the members are asked to vote. And by ensuring a full floor debate. Health insurance reform. -- come through all that scrutiny and debate. A -- Better this. Because this is an idea. Whose time has come. This is an idea. That Google -- This is an idea. That -- left up. All Americans and give them the affordable quality health care that they can count. We know that seniors in America. Are particularly concerned. With the health care. I'm one of those seniors. Don't tell anybody place. Here to talk about seniors. Being advantaged by the passage of this bill is my good friend and member of the education and labor committee deeply involved in the fashioning of this bill. The gentle lady from New Hampshire Carol Shea Porter Barack."

" So there's a major headlines including if you hear from Democrat for the next week at least affordability help for the middle class. They're now saying their health care bill comes in less than 900 billion dollars. It will cut the deficit Democrats say they'll also cut out wasteful spending and Medicare all -- still to be score by the Congressional Budget Office get a final price tag. A bottom line for this but we're also hearing in one week. Next Thursday next Friday debate to be carried out all week next week and then a vote at the end of next week on the house side anyway has not become law but the bill now. Before house Democrats has been put forward and we'll chew on this throughout the day here and there's a lot to get to two and we shall --"

More Videos From FOX News

Rx for Disaster?

Rx for Disaster?

Dick Morris analyzes Obama's prime-time press conference pushing his health care plan

Video|Wed, 22 Jul 2009|More from The O'Reilly Factor
|cancer deathfound at7:20

they gonna cut it it's the duty to Donald did the young life expectancy you expected drop in the United States and -- yes absolutely. But Dick Morris just like in Canada the cancer death rate is 16% higher than. All right morris' book -- V deals a lot of coverage Pacific. Thank you I understood everything
More or Less?

More or Less?

A look at coverage, taxes, and Medicare under Senate's health care reform bill

Video|Thu, 19 Nov 2009|More from Special Report
|health coveragefound at0:49

come. There you have it the 2074. Page bill seeks to expand health coverage to 31 million more Americans or 94% of the population. It was supposed to reduce health care costs but the nonpartisan Congressional Budget Office says quote. Federal outlays and the federal budget commitment for healthcare would increase over the 2010 to nineteen period by a net amount of about 160 billion dollars. They have tried to. Figure out a way to arrange it into a budget window that somehow makes it look like it cost less. But at the end of the day it actually costs more to pay for the massive overhaul the joint committee on taxation which crunches numbers with the CBO . Says Democrats would raise taxes 376. Billion dollars. Including 28 billion in new taxes on employers that do not provide government approved
Fuzzy Math?

Fuzzy Math?

Two lawmakers debate the costs of the Baucus bill

Video|Thu, 15 Oct 2009|More from Latest Video
|karl rovefound at0:03, 1:16, 2:02, 3:16, 5:22

Meanwhile today in analysis of all this in The Wall Street Journal Karl Rove highlighted some. What he is basically calling some fuzzy math in the baucus bill and we -- take a look at that with Indiana congressman Mike Pence he is the chairman of the Republican conference. And Washington congressman. I can and commerce committee gentlemen thank you very much could have -- to -- with us today Clinton. I know this is even the very forefront have a lot of the action has gone on Capitol Hill today -- it -- about tennis because as we take a closer look at this -- bell. Let's pull up the first
person not the -- my health period reform advice from. And that's Karl Rove who's been wrong on every single official this solution for eight years listening to Karl Rove on fiscal issues is like.
No I read the thousand page house build on our bill we have a deficit neutral bill and reason that mr. rove is wrong again. -- he has been the last eight years of this very simple that is an employee's if there is a reduction of their health care. Are gonna insist on making that up -- of course are on wages it's -- employees are sort of chunks that are going to be left out of this. We do have some negotiating authority what I -- personal budget office said this with the deficit neutral bill I'll take this video over Karl Rove and day at.
final conclusion will be this will be a deficit neutral bill now Karl Rove did the guy who gave -- largest deficits. In the history of the solar system during the eight years of the --
guy and I -- still weather's good. You know -- said that Karl Rove in the last administration had the largest deficits in history. Well that was until the Democrats passed their budget this year little
there's also a lot of other fuzzy math here Martha I mean. Karl Rove I think rightly points out as as mr. -- Pointed out that. This this this Democrat bill if you want to call
called Cadillac plans but to restore what the tax rates were before Karl Rove and George Bush in the White House. On the people are you know half they entered the 250 hop on that top 1% of --