There's a price tag of $1.6 trillion on President Obama's plan to overhaul health care, according to the Congressional Budget Office. The Takeaway talks with Republican Senator Charles Grassley of Iowa. He's the ranking member of the powerful Senate Finance Committee and one of the chief critics of the plan's spiraling costs.
"Can you imagine the money they're making by discriminating against people for pre-existing conditions? If we do away with that and if we have community rating, don't you think that we're standing up to them?"
—
Sen. Charles Grassley on health insurance companies
After burning the midnight oil — and possibly some bridges to nowhere—The Takeaway checks back with Republican Senator Charles Grassley of Iowa for an update on last night's Stimulus Bill debate.
"This is a bill to jumpstart the economy. This is a bill we would not even be talking about if we were not in a recession." — Republican Sen. Charles Grassley of Iowa on President Obama's stimulus bill
Despite President Obama's confidence that the stimulus bill will pass the Senate with bipartisan support, Senate Republicans aren't quite as confident. There are some provisions in the bill that they just aren't comfortable with and won't sign off on. Republican Senator Charles Grassley of Iowa joins us to talk about the GOP's take on the stimulus package.
For more on the partisan political debates over the stimulus package, watch the AP's report courtesy of Youtube: