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Interview with Rep. Gene Taylor

By Your World w/Neil Cavuto, Your World w/Neil Cavuto - September 16, 2010

Thursday, September 16, 2010

Special Guests | Rep. Gene Taylor, D-Miss.

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This is a rush transcript from "Your World With Neil Cavuto," September 16, 2010. This copy may not be in its final form and may be updated.

NEIL CAVUTO, HOST: Was the president counting on this, the census counting more than 50 million without health insurance last year?adsonar_placementId=1502157;adsonar_pid=150758;adsonar_ps=-1;adsonar_zw=198;adsonar_zh=170;adsonar_jv='ads.adsonar.com';

Now, President Obama saying that the new health care law will cover 30 million uninsured folks. If we`re now looking at 20 million more than we thought, you wonder.

My next guest says all the more reason to repeal this thing. And he`s a Democrat, Mississippi Congressman Gene Taylor.

Now, Congressman, you voted against this thing, one of the few Democrats who did, because you saw something like this coming down the pike, or what?

REP. GENE TAYLOR, D-MISS.: Well, number one, it is pretty simple. The majority of the American people are against it. I believe that our nation cannot afford it. And I didn`t vote for it. So, those are three pretty good reasons to demand another vote on it and an opportunity to kill the bill.

CAVUTO: But this idea of more uninsured than we thought and obviously more we have to cover because of this, where is this going?

TAYLOR: Well, every administration that I have dealt with, and that`s both Democrats and Republicans, almost always underestimates the cost of whatever program they are pushing, whether it was the homeland security bill that George Bush pushed or this bill.

CAVUTO: Absolutely. You`re absolutely right.

TAYLOR: And I do think, all along, that they were giving very rosy scenarios of how this bill was going to pay for itself. And I just don`t see how you can offer more and somehow do it for less money, which was the pitch they were making. It defies common sense. That`s why I didn`t vote for it then.

CAVUTO: There has been talk that if Republicans take charge of the House and/or the Senate, that they will lead an effort to repeal the whole thing. Do you think that would go anywhere?

TAYLOR: Well, I would like to see the whole thing repealed.

There are some parts of it that I like. I, as the father of three 20 -- well, two 20-year-olds now -- one is a little bit older -- would have liked the opportunity to have kept them on my insurance until they were 26 if they wanted me to.

I very much want to take away the insurance industry`s antitrust exemption. No one should be above the law, especially those guys. So, those are two things. And, lastly, open the Medicare Part B, we absolutely ought to be demanding competition for that $50 billion worth of drugs that, if you recall, that the Bush administration pushed through back then.

CAVUTO: Right.

TAYLOR: Instead, they were given an exemption from competition. And, again, that`s $50 billion of your and mine, everyone else`s money. We ought to be getting the most for our money.

CAVUTO: Kathleen Sebelius has come down hard, the health and human services secretary, Congressman, on those insurance companies that are even considering raising their premiums, in the face of this, most an average of anywhere from 1 percent to 9 percent.

What do you think of that? Is it justified? Is her response justified?

TAYLOR: Well, I think it is -- Congress has been grossly negligent in allowing the insurance industry to be exempt from the antitrust laws since about the late 1940s.

Everyone else in America has to compete. I have to compete. You have to compete. The only two groups in America that are exempt from competition are Major League Baseball -- and I can live without that -- and insurance. And my state tells me, if I want to drive in my state`s roads, I have to have insurance.

So, I want to see competition in insurance. And, again, that`s one of the things I would -- should have come up during this debate -- it didn`t -

- and would very much welcome the opportunity to debate at a future time.

CAVUTO: Congressman, thank you very, very much. Good having you.

TAYLOR: Thanks for letting me be on your show.

Copyright CQ-2010 Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.>

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This is a rush transcript from "Your World With Neil Cavuto," September 16, 2010. This copy may not be in its final form and may be updated.

NEIL CAVUTO, HOST: Was the president counting on this, the census counting more than 50 million without health insurance last year?

Now, President Obama saying that the new health care law will cover 30 million uninsured folks. If we`re now looking at 20 million more than we thought, you wonder.

My next guest says all the more reason to repeal this thing. And he`s a Democrat, Mississippi Congressman Gene Taylor.

Now, Congressman, you voted against this thing, one of the few Democrats who did, because you saw something like this coming down the pike, or what?

REP. GENE TAYLOR, D-MISS.: Well, number one, it is pretty simple. The majority of the American people are against it. I believe that our nation cannot afford it. And I didn`t vote for it. So, those are three pretty good reasons to demand another vote on it and an opportunity to kill the bill.

CAVUTO: But this idea of more uninsured than we thought and obviously more we have to cover because of this, where is this going?

TAYLOR: Well, every administration that I have dealt with, and that`s both Democrats and Republicans, almost always underestimates the cost of whatever program they are pushing, whether it was the homeland security bill that George Bush pushed or this bill.

CAVUTO: Absolutely. You`re absolutely right.

TAYLOR: And I do think, all along, that they were giving very rosy scenarios of how this bill was going to pay for itself. And I just don`t see how you can offer more and somehow do it for less money, which was the pitch they were making. It defies common sense. That`s why I didn`t vote for it then.

CAVUTO: There has been talk that if Republicans take charge of the House and/or the Senate, that they will lead an effort to repeal the whole thing. Do you think that would go anywhere?

TAYLOR: Well, I would like to see the whole thing repealed.

There are some parts of it that I like. I, as the father of three 20 -- well, two 20-year-olds now -- one is a little bit older -- would have liked the opportunity to have kept them on my insurance until they were 26 if they wanted me to.

I very much want to take away the insurance industry`s antitrust exemption. No one should be above the law, especially those guys. So, those are two things. And, lastly, open the Medicare Part B, we absolutely ought to be demanding competition for that $50 billion worth of drugs that, if you recall, that the Bush administration pushed through back then.

CAVUTO: Right.

TAYLOR: Instead, they were given an exemption from competition. And, again, that`s $50 billion of your and mine, everyone else`s money. We ought to be getting the most for our money.

CAVUTO: Kathleen Sebelius has come down hard, the health and human services secretary, Congressman, on those insurance companies that are even considering raising their premiums, in the face of this, most an average of anywhere from 1 percent to 9 percent.

What do you think of that? Is it justified? Is her response justified?

TAYLOR: Well, I think it is -- Congress has been grossly negligent in allowing the insurance industry to be exempt from the antitrust laws since about the late 1940s.

Everyone else in America has to compete. I have to compete. You have to compete. The only two groups in America that are exempt from competition are Major League Baseball -- and I can live without that -- and insurance. And my state tells me, if I want to drive in my state`s roads, I have to have insurance.

So, I want to see competition in insurance. And, again, that`s one of the things I would -- should have come up during this debate -- it didn`t -

- and would very much welcome the opportunity to debate at a future time.

CAVUTO: Congressman, thank you very, very much. Good having you.

TAYLOR: Thanks for letting me be on your show.

Copyright CQ-2010 Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.>

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Choose a category

Common Sense InterviewsCommon Sense

Latest Transcript

September 16, 2010

Please click on a date for previous transcripts:

Loading Datepicker Coming Up on Your World at 4pm ET

We will talk with Democratic Leadership over a growing number of their own members seeking an extension to the Bush tax cuts.

Your World w/ Cavuto Poll Take Our Poll(survey software) What Do You Think?

Send Neil your comments & tune into FOX Business tonight at 6pm ET.  Neil may read yours on air! 

Don't get FBN?  DEMAND IT!Find out if you get FBN here

Connect with Cavuto FacebookHulu Additional Resources

Fox Business

Get the latest news on business, investments, the stock market, and more! Plus, try out useful tools and calculators for your financial questions and needs.

Cavuto on Business

The most powerful name in news brings you The Cost of Freedom, the most powerful business block on cable news!

Buy Neil Cavuto's Books

Get inspired with the New York Times bestselling books Your Money or Your Life and More Than Money by Neil Cavuto.

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Now, President Obama saying that the new health care law will cover 30 million uninsured folks. If we`re now looking at 20 million more than we thought, you wonder.

My next guest says all the more reason to repeal this thing. And he`s a Democrat, Mississippi Congressman Gene Taylor.

Now, Congressman, you voted against this thing, one of the few Democrats who did, because you saw something like this coming down the pike, or what?

REP. GENE TAYLOR, D-MISS.: Well, number one, it is pretty simple. The majority of the American people are against it. I believe that our nation cannot afford it. And I didn`t vote for it. So, those are three pretty good reasons to demand another vote on it and an opportunity to kill the bill.

CAVUTO: But this idea of more uninsured than we thought and obviously more we have to cover because of this, where is this going?

TAYLOR: Well, every administration that I have dealt with, and that`s both Democrats and Republicans, almost always underestimates the cost of whatever program they are pushing, whether it was the homeland security bill that George Bush pushed or this bill.

CAVUTO: Absolutely. You`re absolutely right.

TAYLOR: And I do think, all along, that they were giving very rosy scenarios of how this bill was going to pay for itself. And I just don`t see how you can offer more and somehow do it for less money, which was the pitch they were making. It defies common sense. That`s why I didn`t vote for it then.

CAVUTO: There has been talk that if Republicans take charge of the House and/or the Senate, that they will lead an effort to repeal the whole thing. Do you think that would go anywhere?

TAYLOR: Well, I would like to see the whole thing repealed.

There are some parts of it that I like. I, as the father of three 20 -- well, two 20-year-olds now -- one is a little bit older -- would have liked the opportunity to have kept them on my insurance until they were 26 if they wanted me to.

I very much want to take away the insurance industry`s antitrust exemption. No one should be above the law, especially those guys. So, those are two things. And, lastly, open the Medicare Part B, we absolutely ought to be demanding competition for that $50 billion worth of drugs that, if you recall, that the Bush administration pushed through back then.

CAVUTO: Right.

TAYLOR: Instead, they were given an exemption from competition. And, again, that`s $50 billion of your and mine, everyone else`s money. We ought to be getting the most for our money.

CAVUTO: Kathleen Sebelius has come down hard, the health and human services secretary, Congressman, on those insurance companies that are even considering raising their premiums, in the face of this, most an average of anywhere from 1 percent to 9 percent.

What do you think of that? Is it justified? Is her response justified?

TAYLOR: Well, I think it is -- Congress has been grossly negligent in allowing the insurance industry to be exempt from the antitrust laws since about the late 1940s.

Everyone else in America has to compete. I have to compete. You have to compete. The only two groups in America that are exempt from competition are Major League Baseball -- and I can live without that -- and insurance. And my state tells me, if I want to drive in my state`s roads, I have to have insurance.

So, I want to see competition in insurance. And, again, that`s one of the things I would -- should have come up during this debate -- it didn`t -

- and would very much welcome the opportunity to debate at a future time.

CAVUTO: Congressman, thank you very, very much. Good having you.

TAYLOR: Thanks for letting me be on your show.

Copyright CQ-2010 Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.>

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