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Detailed text transcripts for TV channel - FOXNEWS - 20110622:14:04:00

This, editor-at-large for the national review on-line and a fox news contributor. good morning to you. bill, good to see you. bill: chris van hollen s point is we knew this from the senate version that was handed back to the house. and, he also insists there is time to fix it. now, where are you on this issue? well, if we knew it was in there, but there is time to fix it, why don t we fix it, when it was still being written? and, look, at the end of the day, remember when nancy pelosi said we have to pass the law to find out what is in it? this isn t just the latest example of a slew of these things, where the bill is full of stuff that we are finding out as we go. that it will be more expensive and more complicated and more difficult and, philosophical opponents of all of this, like me, who said that this is really pushing the country towards the sort of social democracy, european style system, where the relationship between the individual and the state changes, and this is a pe ....

White House , Chris Van Hollen , Foxnews Com , On Line , Editor At Large , National Review , Controversy Law Spreading , They Couldnt Pass It , Nancy Pelosi , Why Dont We Fix It , Changing It Isn T , Social Democracy , State Changes ,

Detailed text transcripts for TV channel - FOXNEWS - 20110622:13:16:00

Was in the senate bill when it came over to the house. we had to use the reconciliation provision. there s a lot of confusion about this provision. it would kick in in the year 2014. i agree that we need to review this and maybe amend it, but one thing needs to be clear, changing it isn t necessarily going to save money, because these seniors, if they re not in the medicaid program, these are not high income individuals. they will qualify for tax credits to go into the exchange. the idea phillip: it s a couple that makes $64,000 a year and clearly that s much higher than what the law says for medicaid, a program that s designed for the poor. but back to this point from march 2010 that we just listened to, is this another example of us finding out what s in the law after the law was passed and signed? no, because this was discussed at the time, and the question was whether or not we should use the existing definition of ....

White House , Reconciliation Provision , They Couldnt Pass It , Shouldnt Be On Medicaid , Tax Credits , Changing It Isn T , Controversy Law Spreading , March 2010 , Finding Out ,

Detailed text transcripts for TV channel - FOXNEWS - 20110622:13:17:00

Income that s in the tax code or come up with a separate definition of income that includes social security funds, and the decision was made not to rewrite all the tax forms to go with the current definition of income, and it had this impact. i do think that between now and 2014 and sooner rather than later, we should go back and take another look at this. again, i want to emphasize bill: we re going backtrack on this one, right? isn t that kind of like backtracking on the waivers that have been granted for various companies across the country to the tune of 1400 companies? well, you can call it backtracking, bill, but the whole waiver procedure was built into the bill intentionally to provide flexibility. so it s not in fact, the waivers are a result of provisions in the bill that allow for that kind of flexibility, because people understood that as this was implemented, they would have to make adjustments. and so that flexibility was built in by design. ....

Tax Code , Social Security Funds , Changing It Isn T , It Backtracking , Whole Waiver Procedure ,