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"Crenshaw and Raskin clash in heated post-midterm elections debate" · INSIGHT TODAY

• 0:00
  Speaker 1: Welcome back.
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  Speaker 2: Democrats say they're all about affordability. So why are they
• 0:03
  Speaker 2: blocking legislation aimed at making life more affordable? Congressman Dan
• 0:07
  Speaker 2: Crenshaw put that question directly to Democrat Jamie Raskin.
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  Speaker 3: Look, you guys cynically blocked legislation, bipartisan legislation that would reduce,
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  Speaker 3: that would help the affordability issue and that would tackle
• 0:21
  Speaker 3: the corruption issue, that would help national security. Things that
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  Speaker 3: you guys agreed on. I don't know what bill you're
• 0:27
  Speaker 3: talking about. Stop insider trading act, rate payer protection act, FISA.
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  Speaker 3: You guys blocked all of that because the midterms were coming.
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  Speaker 3: And I bet you're going to be in favor of
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  Speaker 3: it after the midterms. Do not lie and say anything different.
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  Speaker 2: So if Democrats keep blocking these solutions, what exactly is
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  Speaker 2: their plan? For Senator-elect Abdul El-Sayed, we know the answer
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  Speaker 2: is Medicare for all.
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  Speaker 1: It should never be about retribution.
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  Speaker 4: It's about enforcing the rule of law and most importantly,
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  Speaker 4: delivering for the American public. So if he's interested in
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  Speaker 4: getting money out of politics, putting money in pockets and
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  Speaker 4: passing Medicare for all, that's what I ran to do.
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  Speaker 4: And I'm looking forward to working with anyone who is
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  Speaker 4: willing to do that.
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  Speaker 1: Okay, but who pays for it and how much?
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  Speaker 2: We've had this conversation before, but with progressives and Democratic
• 1:10
  Speaker 2: Socialist wins across the country, let's revisit the numbers over
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  Speaker 2: at the wall. So the DSA says the rich and
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  Speaker 2: the big corporations, well, they'll pay and foot the bill.
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  Speaker 1: But there's a problem. The math doesn't add up.
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  Speaker 2: So one estimate says taxing income above $ 1 million at 40%.
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  Speaker 2: will raise about $ 400 billion. If you went all the
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  Speaker 2: way to taxing it at 90% above a million dollars,
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  Speaker 2: then you could bring in about $ 2 trillion. Now, let's
• 1:43
  Speaker 2: compare that to the cost of Medicare for All. Those
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  Speaker 2: cost estimates range anywhere from a low of about $ 40
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  Speaker 2: trillion to a high of $ 75 trillion over 10 years.
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  Speaker 2: And see, that's just the start. There's much more to
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  Speaker 2: the progressive agenda. Canceling student debt and free.
• 2:02
  Speaker 1: Tuition, $ 3. 6 trillion.
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  Speaker 2: A 32-hour work week, $ 920 billion. Open borders and amnesty,
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  Speaker 2: another $ 527 billion. The Green New Deal, $ 370 billion. Universal
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  Speaker 2: rent control, another $ 16 billion. And then there's the size
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  Speaker 2: of the government itself. Right now, government spending is around
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  Speaker 2: 40% of GDP. Under the DSA agenda, that could climb
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  Speaker 2: anywhere from a low end of 57% of GDP to 92%.
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  Speaker 2: So does this all make things more affordable? DSA National
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  Speaker 2: Co-Chair Ashik Siddique joins me now. Ashik, thanks for being
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  Speaker 2: with us here today. Let's start with our goal together,
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  Speaker 2: if you wouldn't mind. Presuming affordability is the goal. Will
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  Speaker 2: you define for me affordability? What do you want to
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  Speaker 2: make more affordable?
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  Speaker 5: There are so many things in day-to-day life for most
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  Speaker 5: Americans that are becoming out of control expensive. The cost
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  Speaker 5: of rent, the cost of medical bills, electricity, all of
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  Speaker 5: these basic necessities are becoming more expensive day by day.
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  Speaker 5: People are having to work longer hours or multiple jobs.
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  Speaker 6: Just to make ends meet. So let's just start with
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  Speaker 6: health care.
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  Speaker 5: We believe that health care should not be a privilege
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  Speaker 5: that you have to pay extra for. And at the
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  Speaker 5: whims of private companies, health care is a human right
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  Speaker 5: and should be guaranteed as one.
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  Speaker 1: The U.S.
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  Speaker 5: Is the only developed country in the world without free
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  Speaker 5: universal health care.
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  Speaker 1: I wrote those down. I did.
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  Speaker 2: Rent, medicine, electricity, health care. I know you said there's more.
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  Speaker 2: You got a lot more. You said, but let's just
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  Speaker 2: focus on those. I mean, I think health care is
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  Speaker 2: a big one, right? We could even just focus on that.
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  Speaker 2: How are you going to make it more affordable?
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  Speaker 5: Right now, we have a private healthcare system that drives
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  Speaker 5: up costs at the whims of the CEOs of these companies.
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  Speaker 5: People should not go bankrupt or have to go without
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  Speaker 5: care because of an illness because we're at the whims
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  Speaker 5: of CEOs of pharmaceutical and health insurance companies.
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  Speaker 1: Again, the U.S.
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  Speaker 5: Is the only developed country in the world without free
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  Speaker 5: universal health care. So Medicare for all would save thousands
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  Speaker 5: of lives and reduce total health care spending by.
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  Speaker 6: Trillions of dollars. It would save money to have a
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  Speaker 6: public system.
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  Speaker 1: Medicare for all. Okay.
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  Speaker 2: Now, you saw the estimates there. And again, we're just
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  Speaker 2: talking about the health care. There's other things as well.
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  Speaker 2: You've said you want to make more affordable. You saw this. OK,
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  Speaker 2: the estimates are anywhere from 40 trillion to 75 trillion
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  Speaker 2: on how much that would cost over a 10 year period.
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  Speaker 1: How do you pay? That's a lot. Can we agree?
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  Speaker 1: That is a lot. It is expensive. How do you
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  Speaker 1: pay for that?
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  Speaker 5: You know, there are all sorts of different numbers about
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  Speaker 5: estimates of how much it would cost. But let's just
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  Speaker 5: start with what our government is currently paying for. The
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  Speaker 5: Trump administration has already advanced trillions in new spending on
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  Speaker 5: the military budget, trillions in tax cuts that further enrich
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  Speaker 5: the already wealthiest and most powerful people in the world.
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  Speaker 5: All of those are things that could instead be funding
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  Speaker 5: universal public goods like.
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  Speaker 6: Medicare for all.
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  Speaker 2: So you're just going to take current spending and shift it.
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  Speaker 2: You're just going to take it from the military. Your
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  Speaker 2: idea is just take it from the military and create
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  Speaker 2: this new program of Medicare for all.
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  Speaker 5: That would be a huge start. The Trump administration wants
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  Speaker 5: a $ 1. 5 trillion budget for the military next year. That's
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  Speaker 5: more than double what it was just a decade ago.
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  Speaker 5: And half of the military budget right now is going
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  Speaker 5: to private contractors. It's not supporting the troops.
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  Speaker 1: Or our veterans.
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  Speaker 2: The military budget as we speak here today is about
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  Speaker 2: 16% of the federal budget. 60% of the federal budget
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  Speaker 2: is Social Security and Medicare. So I just want you
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  Speaker 2: to understand that, right? That's massive.
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  Speaker 6: Let's talk about the current cost of Medicare.
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  Speaker 1: We're just doing math together. We're not even debating.
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  Speaker 2: This doesn't even have an opinion involved in it. This
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  Speaker 2: is just you and I sitting down at the tax
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  Speaker 2: accountant's office and trying to figure out how to pay
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  Speaker 2: our bills. The current commitments that we have, Medicare and
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  Speaker 2: Social Security, are 60% of the federal budget. And as
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  Speaker 2: you know, we borrow a lot of money. So we're
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  Speaker 2: already borrowing to pay for current commitments.
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  Speaker 1: You're here, you and me together, we're talking to the
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  Speaker 1: accountant and you say, I want more. I want to
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  Speaker 1: spend more.
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  Speaker 2: I want to take my current commitments and I want
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  Speaker 2: to add Medicare for all. And the accountant says, how
• 6:00
  Speaker 2: are we going to pay for it? And your first
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  Speaker 2: answer is, I presume, under this, let's just gut the
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  Speaker 2: military to zero.
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  Speaker 1: Hell with it, right? Zero. See what happens. See what
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  Speaker 1: China has to say about that.
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  Speaker 6: Let's start by cutting it in half. It was half
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  Speaker 6: just a decade ago.
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  Speaker 2: Okay, you want to cut it in half. Now you've
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  Speaker 2: got $ 8 trillion to spend on Medicare for all. Not
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  Speaker 2: even close to any potential estimate. Not even close, man.
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  Speaker 5: Let's start with the current cost of Medicare just for seniors.
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  Speaker 5: Right now, it's mostly people above the age of 65.
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  Speaker 5: Medicare right now costs $ 1. 2 trillion per year. So that's
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  Speaker 5: a fifth of the population. 70 million people are getting
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  Speaker 5: Medicare right now. So let's just go with the highest
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  Speaker 5: end cost of that. The Trump White House website on
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  Speaker 5: socialism trying to debunk our program says it would be
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  Speaker 5: five times as much as what Medicare costs right now.
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  Speaker 5: But So $ 5 trillion per year is what the Trump
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  Speaker 5: administration is saying it would cost to have Medicare for all.
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  Speaker 5: But most people who would get health care in a
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  Speaker 5: universal system don't need as much intensive health care as
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  Speaker 5: seniors do. It would be mostly preventative care, which would
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  Speaker 5: save way more money over time. I just think about
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  Speaker 5: all the serious health care needs that my own grandparents
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  Speaker 5: had when they had Medicare and Medicaid. But I went
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  Speaker 5: out without basic checkups for years because private insurance was
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  Speaker 5: too expensive.
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  Speaker 1: I got it.
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  Speaker 5: As it is, we borrow money. As it is, we
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  Speaker 5: borrow money. As it is, we will be cutting out
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  Speaker 5: the middleman. We will be cutting out the middleman.
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  Speaker 6: Of health insurance companies.
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  Speaker 1: I get the pitch on Medicare for all.
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  Speaker 6: I don't agree with it. I don't think it's going
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  Speaker 6: to do the things that you— All right.
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  Speaker 1: Enough.
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  Speaker 2: Yeah.
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  Speaker 1: I get the pitch.
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  Speaker 6: No, no, let's say enough with health insurance profiteering. You're
• 7:40
  Speaker 6: in the sales pitch.
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  Speaker 5: $ 500 would be way more than what it would actually
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  Speaker 5: cost to have a universal health care system if we
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  Speaker 5: cut out the middleman of health insurance companies.
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  Speaker 1: I would just say this to that, okay? Ashik, I
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  Speaker 1: would just say this to that.
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  Speaker 2: Every single entitlement has come with the promise that you
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  Speaker 2: just made.
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  Speaker 1: It's only going to cost X. It's only going to
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  Speaker 1: cost Y.
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  Speaker 2: And every single entitlement has been more expensive than the
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  Speaker 2: promise you make on the campaign trail or the promise
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  Speaker 2: you make today. And almost in every single situation, you
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  Speaker 2: have had to borrow money to keep up with the
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  Speaker 2: promises you made. Just look at what's happening in France today.
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  Speaker 5: There are so many trillions of dollars in tax cuts
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  Speaker 5: to the billionaires right now.
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  Speaker 1: They cannot afford to fulfill their promises.
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  Speaker 6: And people are.
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  Speaker 1: Burning down the streets.
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  Speaker 2: And you're out here, very popularly promising more here. I
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  Speaker 2: think it doesn't end with this utopia you promised. I
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  Speaker 2: think the math inevitably takes you to the streets of Paris.
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  Speaker 2: That's what the math and the accountant, I think, would say. Ashik,
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  Speaker 2: I appreciate you being with us here today. We went
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  Speaker 2: a long time, and that's the end of our time together. Today,
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  Speaker 2: you've been here before.
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  Speaker 1: You've been here before. You'll be here again. Ashik, thanks
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  Speaker 1: for being here.
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  Speaker 6: All right. Thank you.
• 8:49
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• 8:51
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• 8:55
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