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Gingrich on Burden of Health Care Overhaul
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| Parent(s) |
Issue
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| Contributor | Jason |
| Last Edited | Jason Jul 17, 2009 03:29pm |
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| Category | Transcript |
| Media | TV News - FOX News |
| News Date | Friday, July 17, 2009 09:00:00 PM UTC0:0 |
| Description | This is a rush transcript from "Hannity," July 16, 2009. This copy may not be in its final form and may be updated.
SEAN HANNITY, HOST: All right. Breaking news tonight this from just a few hours ago. Joe Biden has a message for the American people, and it is this. We need to spend money to keep from going bankrupt. Well, you heard it right. Take a look for yourself.
(BEGIN VIDEO CLIP)
VICE PRESIDENT JOE BIDEN: Now people say — when I say that people look at me and say what are you talking about, Joe? You're telling me we've got to go spend money to keep from going bankrupt? The answer is yes.
(END VIDEO CLIP)
HANNITY: Can't you just see the president wincing? Now meanwhile on Capitol Hill the House and Senate health care bills are taking shape, and it looks like they're taking a cue from Joe Biden. We're finally getting an idea of what those bills are going to cost you in taxes.
Now let's take a look. A single New Yorker making $80,000 a year with no health insurance would pay, get this, a $2,000 penalty for not having health care, over $21,000 in federal and state income taxes and over $5,000 in other taxes. A total of just about 36 percent of total income. |
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