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Ted Cruz: Chuck Schumer and Obama Know a Lot About Healthcare Hoaxes [VIDEO]

Senator [score]Ted Cruz[/score] appeared on This Week with longtime Democrat operative George Stephanopoulos on Sunday to discuss his amendment to rescue Republican leadership from their phony attempt to repeal Obamacare, a promise the GOP has made for the past seven years.

The prior guest to Senator Cruz’s appearance was Treasury Secretary Steve Mnuchin, who said that he was “hopeful” that Cruz’s plan to offer more choice and competition would prevail in the U.S. Senate. Cruz’s amendment, called the Consumer Freedom Option, would allow insurers to offer lower cost, market-driven policies as long as they offered at least one Obamacare-approved policy, larded up with all of its regulations and mandates that have caused costs to unnecessarily skyrocket in the respective state.

Progressive leftist Senator [score]Chuck Schumer[/score] (Commie – NY) has referred to Cruz’s amendment as a “hoax,” because he’s perfectly willing to allow prices to continue soaring out of control, killing the health insurance marketplace, so that the only alternative left is the Democrat wet dream known as “Single Payer,” or what I like to call Commie Care, where government takes over the entire health insurance market Venezuela-style.

Republican Senator [score]Charles Grassley[/score] (RINO – IA), seems to have been duped by Schumer’s deception, and Stephanopoulos played a clip of Grassley repeating Schumer’s talking points:

“There’s a real feeling that that’s subterfuge to get around preexisting conditions,” Grassley said.  “And if it is, in fact, subterfuge, and it has the effect of annihilating the pre-existing conditions requirement that we have in the existing bill, then obviously I would object to that,” he stated.

Cruz, a constitutional conservative, told Stephanopoulos that Grassley shouldn’t be deceived by Schumer and then said that if anyone knows about healthcare “hoaxes,” it’s Barack Obama and Chuck Schumer (see video below), explaining that the Obamacare fraud was built on a stack of lies endorsed by Schumer, while explaining why Obamacare is “wildly unfair.”

GEORGE STEPHANOPOULOS: What do you say to Senator Grassley?

SENATOR TED CRUZ: Well, look, I think we are making steady progress and I think the conversations have been collaborative and in good faith.

You know, I don’t think we should be deceived by Chuck Schumer and his attacks and misstatements.

STEPHANOPOULOS: But that’s Chuck Grassley, not Chuck Schumer.

SEN. CRUZ: I understand that, but what’s being repeat there is what Schumer said this week which is that he called it a hoax. And listen, Chuck Schumer and Barack Obama know a lot about health care hoaxes. They sold Obamacare saying if you like your plan you can keep your plan, that wasn’t true. If you like your doctor, you can keep your doctor. That wasn’t true.

They promised the average family their premiums would drop $2,500 a year under Obamacare. That wasn’t true. In fact, their premiums have skyrocketed.

When it comes to preexisting conditions, the consumer freedom amendment was designed to be a compromise, to bring together both conservatives and moderates to unify the party. How does it do that? Because it maintains preexisting conditions protections. It is predicated on plans being offered that meet every one of the mandates, including preexisting conditions. So it doesn’t take away anything that people have right now.

STEPHANOPOULOS: But let me just stop you there.

CRUZ: All it does is it adds new options.

STEPHANOPOULOS: Let me stop you because it requires only one plan in the state have that basic benefit package. And you know what the concern is of many health care analysts. They say that plan that, you know, the healthy and wealthier people are going to take the low-cost plans. They’re all going to flood in to the low-cost plans, leave a high-risk pool for those who actually have serious health problems, premiums, deductibles are going to skyrocket in that pool, make it unaffordable.

CRUZ: OK, so let’s talk about how that would operate. That’s an understandable policy concern. And I think it’s right that you would see some market segmentation. You would see some younger and healthier consumers choose to go to freedom plans that have much lower premiums. And the argument that you’re laying out is, well, gosh, with that drive up premiums on the Title 1 plan. I don’t believe it would for two reasons. Number one, for the people getting the freedom plans you’d see a massive decrease in premiums. That’s a lot of people getting benefit. But for the people still on the Title 1 exchanges, we’ve got two major sources of taxpayer revenue — the first are the tax credits, the second are over $100 billion of stabilization funds.

And, George, the question really here is how are we going to provide for, how are we going to provide assistance to, people with serious diseases, serious pre-existing conditions? There is widespread agreement in Congress there’s going to be significant assistance.

Here’s what Obamacare does. It takes tens of millions of young healthy people and it jacks up their premiums, it doubles or triples their premiums, and takes all that extra money — not for them — but uses it to cross-subsidize people who are sick. I don’t think that’s fair. I don’t think that makes sense. I’d much rather use direct taxpayer funds. Let’s use Warren Buffett’s taxes and not some 30-year-old who’s struggling and just beginning her career. Don’t double her premiums to cross-subsidize other people. That’s what Obamacare does. It’s wildly unfair.

STEPHANOPOULOS: I think one of the issues is that people say you don’t have enough money to subsidize middle class people; it’d only be going to low income.

But I do have to move on.

CRUZ: And, George, let me point out that that’s not accurate. Because you’ve got two different sources of federal taxpayer funds on the exchanges. Number one, the tax credits that are keyed directly to premium prices. But number two, the Senate bill has over $100 billion in funds for the stabilization fund that are designed to stabilize those premiums. The objective has to be — and I think the way we get this done is focus on lowering premiums. If we’re lowering premiums, it’s a win/win for everybody.

Notice in Stephanopoulos’ final comment, where he tries to jab in a Democrat talking point and Cruz shuts him down, hammering his Marxist class warfare garbage with facts he couldn’t refute.

Watch the exchange below:

About the Author

Matthew K. Burke
A former Washington State U.S. Congressional candidate in 2010, Matthew attended the nation’s first modern day Tea Party in 2009 in Seattle, Washington. He also began writing and blogging that year. Matthew became a Certified Financial Planner in 1995 and was a Financial Advisor for 24 years in his previous life. Matthew was one of the three main writers leading a conservative news site to be one of the top 15 conservative news sites in the U.S. in a matter of months. He brings to PolitiStick a vast amount of knowledge about economics as well as a passion and commitment to the vision that our Founding Fathers had for our Republic.
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