Latest / Brian Thomas / Vivek Ramaswamy - For Ohio Governor

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Vivek Ramaswamy - For Ohio Governor · Brian Thomas

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  Speaker 1: Six.
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  Speaker 2: I pity my KRC the talk station. Happy Wednesday for you, Joe, Jenna,
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  Speaker 2: Paul Tam a lot of the hour in the meantime.
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  Speaker 2: V v A for Ohio b I v E k
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  Speaker 2: f O R Ohio dot COM's website for the egubernatorial
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  Speaker 2: candidate running as the Republic of the State of Ohio.
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  Speaker 2: V Vike Romise from me. Welcome back to the fifty
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  Speaker 2: five KRC Morning Show, my friend. Is a pleasure to
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  Speaker 2: have you back on.
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  Speaker 1: It's good to be on. Just a completed morning, drop
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  Speaker 1: off of the kids at school and ready to start.
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  Speaker 2: The day, still doing the obligations as a parent. Of course,
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  Speaker 2: you are family man, is he? And real quick here,
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  Speaker 2: I got to start off by asking you because a
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  Speaker 2: little bird name Christopher Smitheman told me this morning that
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  Speaker 2: you're going to be coming in to the town at
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  Speaker 2: Jim and Jacks later in this summer. Is that is
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  Speaker 2: that accurate?
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  Speaker 1: Yeah? He and I actually did a great event with
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  Speaker 1: Jim and Jacks. You'll remember, you know, even after some
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  Speaker 1: of the turbulence in Cincinnati. Talking about public safety last time,
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  Speaker 1: and we'll be to another one talking about broader issues
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  Speaker 1: related to the economy. How do we increase wages. How
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  Speaker 1: do we make the American dream more affordable? And he's
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  Speaker 1: been obviously a great vice mayor and a good allied us.
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  Speaker 1: And I think we're going to continue to conres in
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  Speaker 1: Cincinnati and across the state. Good what we're going to do.
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  Speaker 2: I hope you do. And your of course always welcome
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  Speaker 2: here in the fifty five Kersey Morning Show. No not
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  Speaker 2: ites notably to talk about. And I saw your op
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  Speaker 2: ed piece and I did you know, read a couple
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  Speaker 2: of lines from and I gave my listeners the general
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  Speaker 2: gist of it in Today's Wall Street Journal, an easy
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  Speaker 2: way to defeat Medicaid fraud. Listen, this is a problem,
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  Speaker 2: and I sure as heck hoped that in November. One
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  Speaker 2: of the main issues going into the campaign is getting
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  Speaker 2: rid of government fraud, waste and abuse. We are getting
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  Speaker 2: ripped off and no one seems to care about it.
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  Speaker 2: Your suggestion is, well, we need to incentivize. And I
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  Speaker 2: don't know why we need incentive vive because it's an
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  Speaker 2: obligation of a politician to look out for taxpayer dollars.
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  Speaker 2: Seems to me a bit of a fiduciary obligation. I
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  Speaker 2: wish they had one but that by incentivizing states, giving
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  Speaker 2: them a bigger slice of the fraud that they catch
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  Speaker 2: might incentivize them to do it, because of course it
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  Speaker 2: would pad their coffers with the money that they caught
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  Speaker 2: in fraud. It sounds like a dynamic or a dynamite proposal.
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  Speaker 2: Any problem getting it off the ground, you think, no.
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  Speaker 1: Look, I think this is one of the examples of
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  Speaker 1: where if we have a governor of our state who
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  Speaker 1: is willing to work constructively with the federal government instead
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  Speaker 1: of trying to make a hostile show of relationships with
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  Speaker 1: the federal government, we actually help the people of Ohio.
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  Speaker 1: So the way it works right now is even if
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  Speaker 1: and I will make this a top priority, but even
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  Speaker 1: if I make this a top priority of combating fraud
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  Speaker 1: and we save billions of dollars, we would only keep
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  Speaker 1: thirty five cents on the dollar. What I want to
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  Speaker 1: do with the federal government, and I've already talked to
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  Speaker 1: doctor Oz who's the administrator of CMS in the federal
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  Speaker 1: government that Administerra's Medicaid. It's a win win deal where
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  Speaker 1: the federal government can still keep a third of it
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  Speaker 1: and we'd keep two thirds of it instead. So that's
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  Speaker 1: billions of additional dollars for Ohio. Bryan, to bring down copaise,
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  Speaker 1: to bring down health insurance premiums, to increase the value
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  Speaker 1: of health savings accounts. This is how we actually do
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  Speaker 1: it is a practical plan, doesn't require any new taxes,
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  Speaker 1: doesn't require cuts in care, doesn't require any access issues.
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  Speaker 1: This has taking money from the criminals and putting it
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  Speaker 1: intos of Ohioans. And it turns out that there are
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  Speaker 1: literally billions of dollars and for our state, that's a
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  Speaker 1: lot of money, and yet it isn't happening today. And
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  Speaker 1: this is why I do think we need a different
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  Speaker 1: kind of leader at the top. We need well, a
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  Speaker 1: new generation of leadership. I'm an entrepreneur of runing businesses.
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  Speaker 1: I understand how this works. But you're saying, I hope
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  Speaker 1: the media makes it a top priority. I don't know
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  Speaker 1: if they will going into November, but it is a
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  Speaker 1: top priority for me regardless as the next governor of
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  Speaker 1: the state, whether or not the media pays attention to it.
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  Speaker 1: And we're going to put that money back in the
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  Speaker 1: pockets of law abiding that's the key art. Law abiding
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  Speaker 1: Ohioan's taking it from the criminals who were defrauding the
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  Speaker 1: system today.
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  Speaker 2: Well, and your proposal is not unique. Apparently Tennessee was
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  Speaker 2: given the opportunity to keep more of its savings that
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  Speaker 2: they when they better manage the Medicaid program. So there's
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  Speaker 2: precedent for this absolutely. You know, Look, we don't have
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  Speaker 2: to reinvent the wheel. Tennessee saved one point three billion
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  Speaker 2: extra that went directly to, for example, Hurricane Helene relief
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  Speaker 2: and other forms of relief the day otherwise wouldn't have
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  Speaker 2: been able to fund out of the state coffers. So
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  Speaker 2: I want to take the Tennessee model to the next level.
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  Speaker 2: So that's what I laid out in the Wall Street Journal.
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  Speaker 2: And this is part of a broader policy roll out yesterday, Brian,
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  Speaker 2: we did in Columbus. Where that's the first prong.
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  Speaker 1: The second prong is we also have to simplify the
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  Speaker 1: Medicaid bureaucracy. This is what's crushing healthcare in the state.
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  Speaker 1: Those Medicaid dollars are administered through I kid you not
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  Speaker 1: ten different government agencies within Ohio. So there's the Department
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  Speaker 1: of Medicaid. You might think that they're the ones who
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  Speaker 1: handle it. Turns out they're not. There's also nine others
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  Speaker 1: along with them who do, and that creates confusion. It
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  Speaker 1: limits our ability to have transparency into how the dollars
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  Speaker 1: are being spent. It limits accountability. So it's always a
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  Speaker 1: he said, she said, silo problem. I want to fix
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  Speaker 1: that bureaucracy. I want to rationalize it. I'm a friend
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  Speaker 1: of the people, I'm an enemy of bureaucracy, and I
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  Speaker 1: think that that's going to be good for saving dollars
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  Speaker 1: for the taxpayer. And then you combine that with making
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  Speaker 1: this a top law enforcement priority, which the hard truth
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  Speaker 1: is it hasn't been a top law enforcement priority. That's
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  Speaker 1: going to change on my watch. Deters the bad behavior,
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  Speaker 1: and again prosecute the bad guys. Take the billions they've
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  Speaker 1: stolen from fake home health care centers or phantom hospice centers,
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  Speaker 1: or for that matter, many people starting next year who
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  Speaker 1: may not work but they say they fulfill the work requirements.
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  Speaker 1: That too, would be a form of medicaid fraud. Take
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  Speaker 1: the money from the people who shouldn't be getting these benefits,
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  Speaker 1: use the billions of dollars and put it back in
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  Speaker 1: the pockets of Ohioans. That's how we're going to actually
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  Speaker 1: make healthcare more affordable, and it is an eminently practical
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  Speaker 1: plan to do it well.
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  Speaker 2: This Medicaid fraud apparently was just simply ignored. There was
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  Speaker 2: an electronic verification program by federal law as a precondition
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  Speaker 2: of getting the Medicaid money. You had to do an
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  Speaker 2: EVV to make sure that you know family members, for example,
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  Speaker 2: who are providing care for their own family members were
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  Speaker 2: at least in the place where they say they were
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  Speaker 2: providing the care you don't provide that don't get paid. Well,
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  Speaker 2: they turned that system off. They weren't even tracking it.
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  Speaker 2: Who is in a position to ignore federal law and
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  Speaker 2: just say now we're not going to do it here
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  Speaker 2: in Ohio. I want to get to the bottom of that.
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  Speaker 2: Is that Governor to Wine.
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  Speaker 1: Look, you could play a there's a giant historical exercise
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  Speaker 1: of who's to blame for what. I'm focused on the
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  Speaker 1: future and for me, Brian, here's what I'll tell you.
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  Speaker 1: This is, if I fail to get it right, the
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  Speaker 1: person to blame is me. Okay, the buck stops with
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  Speaker 1: me when I'm in charge. But I'm confident that we're
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  Speaker 1: going to move so quickly in the first six month
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  Speaker 1: the bad guys won't know it hit them. Okay, I
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  Speaker 1: think the fraudsters have unfortunately thrived in Ohio and this
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  Speaker 1: has not been a top law enforcement priority. And so
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  Speaker 1: what I'm trying to do is to take a practical, dispassionate,
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  Speaker 1: comprehensive look at this and say, I'm going to fix
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  Speaker 1: the incentives. I'm going to make this a top priority
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  Speaker 1: for my administration. I'm going to strike a deal with
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  Speaker 1: the Feds, have a good relationship with all the folks
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  Speaker 1: involved to keep the majority of dollars that Ohio saved.
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  Speaker 1: That's a big deal. And then we're going to simplify
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  Speaker 1: the bureaucracy. We don't need ten different agencies touching Medicaid dollars.
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  Speaker 1: And then, in addition to that, make it a top
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  Speaker 1: law enforcement priority with our next ag I've already spoken
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  Speaker 1: to the likely next age keyth favor about it. We're
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  Speaker 1: aligned and that's the way we're going to move. And
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  Speaker 1: because in my administration, the actions speak louder than words,
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  Speaker 1: and that's the way I'm wired. I do think now
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  Speaker 1: is the moment where Ohio can benefit from a more
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  Speaker 1: business like operation in leadership and government. True government efficiency,
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  Speaker 1: true government effectiveness, that's what people are hungry for. And
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  Speaker 1: even if you think about a program like Medicaid, I
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  Speaker 1: mean it was meant for the single moment over the rhine.
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  Speaker 1: It was meant for a father of five in Toledo
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  Speaker 1: who might be working two jobs temporarily, or a disabled
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  Speaker 1: veteran or a college grad who hasn't yet gotten that job.
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  Speaker 1: A temporary hand up for people who are hard working
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  Speaker 1: and trying to make it work. The program won't exist
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  Speaker 1: for them if the fraudsters are actually siphoning money away.
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  Speaker 1: The other thing to remember, Brian, though, is when you
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  Speaker 1: have Medicaid fraud, it's not just people in Medicaid who suffer,
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  Speaker 1: the true law abiding ones. It's also people in Medicare.
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  Speaker 1: It's also people who are covered by commercial health insurance
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  Speaker 1: or even uninsured Ohioans. Why. Because Medicaid is defrauding the system,
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  Speaker 1: they're bidding up the price such that the healthcare price
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  Speaker 1: is paid by everyone else are way higher. So here's
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  Speaker 1: an interesting fact on this, because that may be news
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  Speaker 1: to some people. If you look at Medicaid enrollment in
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  Speaker 1: the last decade, it's up from two point nine million
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  Speaker 1: to three million in Ohio by one hundred thousand people
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  Speaker 1: over that same period, the amount that Medicaid is spending
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  Speaker 1: is up from twenty seven billion to forty seven billion.
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  Speaker 1: So one hundred thousand more people in the last decade
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  Speaker 1: cost twenty billion more to the system. That is insane.
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  Speaker 1: That is a waste of taxpayer dollars. And it is
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  Speaker 1: also upward pricing demand artists, official pricing demand on the
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  Speaker 1: healthcare services that you and I and your listeners pay for.
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  Speaker 1: That is galling. And this is something that certainly Democrats
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  Speaker 1: have swept under the rug for too long, But to
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  Speaker 1: be honest, Republicans have not yet been aggressive enough in
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  Speaker 1: going after either. So I don't want to make this
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  Speaker 1: a Republican versus Democrat issue. I think it's a past
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  Speaker 1: versus future issue, and I want to represent the future
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  Speaker 1: for the state, where healthcare costs are lower, where people
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  Speaker 1: have more money in their pockets, where the American dream
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  Speaker 1: is affordable, and you feel wealthy in a first world
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  Speaker 1: country once again. That's I think what every Cincinnatian in
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  Speaker 1: every Ohioan deserves. But it does require a new model
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  Speaker 1: of fresh leadership, and that's what I'm bringing to the state.
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  Speaker 1: And I think we're going to, you know, with the
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  Speaker 1: help of people in Cincinnati and deeple across Ohio. We're
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  Speaker 1: not going to do it alone, but with your help,
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  Speaker 1: we're going to get there in November, and this starts
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  Speaker 1: in January, including the new deal I'm going to strike
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  Speaker 1: with the federal.
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  Speaker 2: Government vig Ramos, I'm me hitting ground running in January.
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  Speaker 2: Campaign promise that I know he's going to make good on,
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  Speaker 2: and you know, approven a successful business model in order
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  Speaker 2: to bring major investment. Maybe look at Florida and taxes
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  Speaker 2: that have no income tax and no property tax. That's
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  Speaker 2: what your planning to roll out. Can you phase out
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  Speaker 2: income taxes as you're proposing over time, not immediately, but
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  Speaker 2: will the money that say that we don't pay out
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  Speaker 2: in fraud, waste abuse and medicaid cover the lost tax
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  Speaker 2: revenue going into a Columbus pursuant to the income tax.
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  Speaker 1: Look, there's so much that can cover that, and I
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  Speaker 1: think it's all. It all adds up. It's not a
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  Speaker 1: one silver bullet, but we're phasing it out. We have
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  Speaker 1: a clear plan. We've laid it out over ten years
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  Speaker 1: and then we have an eight year version, and I
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  Speaker 1: personally think we're going to hit the eight year version.
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  Speaker 1: We may even beat that expectation, but an eight to
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  Speaker 1: ten year plan that we're solid on which phases it
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  Speaker 1: out over time, and we're going to go into details
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  Speaker 1: over the course of the year to really lay it
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  Speaker 1: out for folks on exactly how the budget math works.
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  Speaker 1: One thing we've seen already, Brian though, and people should
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  Speaker 1: remember this is Ohio and led by my lieutenant governor
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  Speaker 1: candidate right Rob McCauley, who's the President of the Senate,
• 11:00
  Speaker 1: had a plan that they implemented last year to get
• 11:03
  Speaker 1: to a single flat income tax rate. And when they
• 11:05
  Speaker 1: did that, everyone said, well, how are you going to
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  Speaker 1: make up for the lost revenue? What are we seeing
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  Speaker 1: this year now as income tax has declined led by
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  Speaker 1: Rob McCauley, my running mate, is that the revenues that
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  Speaker 1: Ohio has gotten from income taxes have actually far exceeded
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  Speaker 1: the expectations of the people who made the projections. Why
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  Speaker 1: is that because fewer people leave the state to Texas
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  Speaker 1: and Tennessee and Florida, those neighbors you know, and you
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  Speaker 1: have them, Vizincinnati. I grew up in Cincinnati. You have
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  Speaker 1: been Columbus where I live now. They go spend six
• 11:35
  Speaker 1: months in a day in Texas or Florida or Tennessee,
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  Speaker 1: and we're missing out on their sales tax revenue, we're
• 11:41
  Speaker 1: missing out on their economic activity. But when the tax
• 11:44
  Speaker 1: rate goes down, more of those people opt to live
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  Speaker 1: in what I think is the greatest state. If we
• 11:49
  Speaker 1: make it that the state of Ohio, a lot of
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  Speaker 1: those people want to be here, we should stop chasing
• 11:54
  Speaker 1: them away. And I think that that's common sense. It
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  Speaker 1: is the math has to work on my model. It does,
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  Speaker 1: and it's going to be steady, as I promised. It's
• 12:01
  Speaker 1: not going to be immediately overnight that we go to
• 12:03
  Speaker 1: zero income tax everywhere. We'll start with zero capital gains tax,
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  Speaker 1: and then we have a steady plan to get us
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  Speaker 1: over eight to ten years to zero income The beauty
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  Speaker 1: of that, though, is if you articulate as a governor
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  Speaker 1: a credible plan to get there, people and businesses can
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  Speaker 1: make the decisions today knowing that Ohio is on a
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  Speaker 1: path to get there. And so again this is the
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  Speaker 1: kind of common sense business leadership we need in the state.
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  Speaker 1: I didn't come from money, as you know. I grew
• 12:31
  Speaker 1: up and went to public schools in Cincinnati. I went
• 12:33
  Speaker 1: to Saint X for high school, but I have built
• 12:36
  Speaker 1: and I built a twenty billion dollar business called Royvent,
• 12:39
  Speaker 1: listed on the Nasdaq. I built another multi billion dollar
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  Speaker 1: business in Medicare. I was a co founder of a
• 12:44
  Speaker 1: business called Chapter. I could go on. I want to
• 12:46
  Speaker 1: bring those kinds of business oriented experiences as an entrepreneur,
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  Speaker 1: as a creator to the way that we shape up
• 12:54
  Speaker 1: the bureaucracy here in Ohio and you together, I think
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  Speaker 1: that's going to put more money in people's pockets, will
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  Speaker 1: deliver lower costs, bigger paychecks. That's my motto. And I
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  Speaker 1: think we're going to get it done well.
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  Speaker 2: Very briefly. The remaining moment of time or two we
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  Speaker 2: have here swirling behind the elimination of property tax or
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  Speaker 2: phasing our income tax, phasing them out. We have the
• 13:12
  Speaker 2: maybe we're going to be eliminating property tax. And I
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  Speaker 2: know you are desirous of bringing about some property tax
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  Speaker 2: reform in Ohio, but can you have eradication or elimination
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  Speaker 2: phase out of income taxes and get some property tax
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  Speaker 2: relief at the same time.
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  Speaker 1: Absolutely, either way you said that, absolutely, So we're going
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  Speaker 1: to phase out the income tax, not immediately, but have
• 13:32
  Speaker 1: a clear plan starting next year to phase it out
• 13:36
  Speaker 1: and we will be able to deliver that while also
• 13:38
  Speaker 1: delivering the biggest property tax cut that Ohio has ever
• 13:42
  Speaker 1: seen in our history. And the way we're doing that, Brian,
• 13:45
  Speaker 1: is we're just rolling it back to where property tax
• 13:48
  Speaker 1: levels were before the end of the pandemic. Here's the
• 13:51
  Speaker 1: issue the pre pandemic, nobody was never really a major
• 13:55
  Speaker 1: issue with property taxes. You know, we're probably paid more
• 13:57
  Speaker 1: than you want, maybe, but nobody was complaining about this
• 13:59
  Speaker 1: as a top issue in Ohio. This is a post
• 14:02
  Speaker 1: pandemic problem because the federal government printed a whole bunch
• 14:05
  Speaker 1: of money under President Biden that caused prices of everything
• 14:08
  Speaker 1: to go up. All assets, stocks, you think about, every
• 14:12
  Speaker 1: other asset in real estate and your home you own.
• 14:14
  Speaker 1: But if you don't own stocks, but you do own
• 14:16
  Speaker 1: the real estate, your tax bill goes up and you
• 14:18
  Speaker 1: don't have enough cash to pay it. Right, that's a problem.
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  Speaker 1: So I'm fixing that problem by saying, let's just take
• 14:24
  Speaker 1: it back to where it was before the end of
• 14:26
  Speaker 1: the pandemic. We'll be able to do that without hurting police,
• 14:29
  Speaker 1: fire or schools. Make government operate more efficiently, and can
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  Speaker 1: I do that. We'll also bringing down the income tax
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  Speaker 1: over a ten year plan or eight year plan down
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  Speaker 1: to zero. Yes, and we have clear plans to do it.
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  Speaker 1: I think it takes a new kind of leader who's
• 14:43
  Speaker 1: thinking about the actual arithmetic, thinking about the actual mass,
• 14:47
  Speaker 1: bringing economic growth and business to the state, bringing high
• 14:51
  Speaker 1: paying jobs to the state, and the process. Absolutely, we're
• 14:54
  Speaker 1: going to get that done. And in contrast, that's one
• 14:57
  Speaker 1: Ohio we could wake up to, okay, this November. The
• 15:00
  Speaker 1: other Alhio you could wake up to in November is
• 15:03
  Speaker 1: electing god forbid, a socialist leading Democrat who has pledged
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  Speaker 1: effectively a twenty one billion dollar tax hike. If she's elected,
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  Speaker 1: that would chase those same businesses out of this state,
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  Speaker 1: bringing us an economic devastation of a kind we probably
• 15:20
  Speaker 1: haven't seen since the Great Depression. And I don't think
• 15:22
  Speaker 1: that's a hyperbole when you look at her plans, when
• 15:24
  Speaker 1: you look at the way she didn't hesitate to shut
• 15:26
  Speaker 1: down the economy, shut down our public schools, then quit
• 15:30
  Speaker 1: on the job when the legislature tried to get her
• 15:32
  Speaker 1: to take a more moderate approach, or how can afford
• 15:36
  Speaker 1: a far left liberal like Amy acton? But what we
• 15:39
  Speaker 1: can afford and what we do aspire to is business growth.
• 15:44
  Speaker 1: Take those income taxes and property taxes down, put more
• 15:47
  Speaker 1: money in your pocket. Fight the medicaid fraud from the government,
• 15:51
  Speaker 1: waste in government abuse. Put those billions back in your pocket.
• 15:55
  Speaker 1: That's how we get it done. And I don't care
• 15:57
  Speaker 1: whether you're independent or Democrat or Republican and didn't. We're
• 16:00
  Speaker 1: going to put that money in your pocket, make your
• 16:02
  Speaker 1: life better. That's what I'm in this to do as governor.
• 16:05
  Speaker 1: And you know what, if we're successful, I think we'll
• 16:08
  Speaker 1: be able to go much more quickly than people even imagine.
• 16:12
  Speaker 2: A man. I appreciate your optimism, your ideas. Obviously you
• 16:15
  Speaker 2: didn't call looking for an argument from Brian Thomas Vivek
• 16:17
  Speaker 2: for Ohio vivik Ramas from me. I sure look forward
• 16:19
  Speaker 2: to our next conversation.