Word: darman
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...DARMAN: I'm sorry, Roger. All the money you save, by your own plan's assertion, you turn around and spend...
...DARMAN: The President has not made a formal 1% rate-cut proposal. He has said that insofar as we can achieve budgetary savings that would allow additional tax relief, some of that should go to an across-the-board...
...DARMAN: Your biggest savings proposal is called "prevent tax avoidance by foreign corporations." You estimate $45 billion from that. Now, I'd like to know how it is possible. Clinton's numbers would be laughed out of court. They're a sham. They...
...DARMAN: The President's plan includes a number of important features. For every poor person, they would be given the equivalent of a voucher. We set it at about $1,850, which is sufficient to buy a satisfactory basic health- insurance plan in a market, something we favor. If for some reason they did not do so on their own, as soon as they come in contact with a hospital emergency room, they would be informed that they are eligible for the coverage...
...DARMAN: On the how-do-you-pay-for-it side, we favor administrative savings, but we estimate we would only get about $10 billion. We also propose tough malpractice reform. Governor Clinton has been consistently opposed to any sorts of caps on liability. But if you have them, then the principal driving force for excess utilization is weakened, because right now doctors are overprescribing as a measure to protect against liability...