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Hurting the Economy?

Title:

Hurting the Economy?

Published: Mon, 23 Nov 2009

Description: Report that health care bill could cost nation 3.9 million jobs

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Automatically Generated Transcript (may not be 100% accurate)

" ahead of the White House so golf summits a new report showing the policy healthcare bill could cost the nation three point nine million jobs. My next -- jumping on this news in a press conference today. Republican -- Us government joins me now we want to add we did contact the speaker Pelosi for an interview she declined. A congressman -- Austin thanks so much for joining us wait a spell out and they certainly the mechanism media. How is it that the house health care reform bill would actually lose all these jobs spell it out."

" Well beyond my policy institute which is a nonpartisan think tank here in Illinois. Took a look at speaker policies bill and they came to the conclusion that based on. The taxing regime that spending another crowd out from a private sector point of view. The state of Illinois over ten years is going to suffer a 169000. Job losses now let's put that into -- contacts. This is an administration that they're advocating this Bill Stewart that promised 8%. -- unemployment and already nationwide we've blown right through that at 10% and the way that translates for my state. That's a 199000. Jobs that aren't here that should've been here so they're cumulative effect -- all of -- I think it's devastating."

" With what you got it now eggs is so you're saying that look get this bill through. Taxes are imposed on private health insurance. And that costs 169000. Jobs in Illinois heavily than three million nationwide so it's the tax increases. They're impose those. That's the jobless."

" That's the job loss and it and it spent ultimately. It is I think a crushing. Crowd out ultimately of what could be a very -- approach look there's a whole host of ideas. That drive costs down as it relates to health care that unfortunately speaker Pelosi and others just stiff armed. During the debate and instead they embrace. This very radical agenda that ultimately is gonna be incredibly costly I think what most Republicans than most thinking independents. Based on what I've seen in terms of polling they're looking at this jobs bill and it's in the context. Of being told them. That that it was going to be a very very different thing and I just chronically underperformed -- I think I think let me just -- at 4000 people -- We got -- I think you messages yeah."

" Through -- I just saw the latest Rasmussen poll just out. It shows that support. For Democrat bill healthcare reform is that an all time I was down 38% 56%. Disapprove Bobbitt I think you messages getting through a gap."

" And the other points Stewart is if you look at where independent voters are honest at this point it looks -- 70% of independent voters when they learned the details of the policy bill. We begin to say none and no that's not what we signed up for that's not the change. We're interested and and I think that there is a growing reluctance. On the part of folks look we were told that the health care bill that originally was introduced her remember hearing this testimony from the White House in the Ways and Means Committee. I'm which I serve and they said it was going to. Bend the cost curve you remember that and then the Congressional Budget Office came in at that that's not true and all it's gonna bust the cost curve the other way. Then the White House began selling this in the context of job creation. And you've got independent groups like the Illinois policy institute saying well let's look at the diagnostic on that. And they came through with a great deal of detail I'm very thoughtful study. And and this is fifth in the context. Of the state of Illinois alone -- can help for the first time under -- 61 for about -- century jobs and."

" Illinois got -- so I'm out of time but I got the point a 169000. -- projected to be lost in Illinois alone. If the house bill goes through congressman Peter lost and that's very much indeed for joining us."

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