Baucus bill

Huge hidden taxes hidden in it. Charles Krauthammer:

It is a cowardly way to do a tax. You do it on the industry and it is passed on.

Secondly, there are individual mandates. People are going to be shelling out a huge amount every year on insurance, and those who don't are going to have to pay a fine, also a tax, but under another name.

There are huge costs in here, which are all hidden, and that's why it looks OK.

And secondly, there is a $400 billion assumption of cuts in Medicare. That is not going to happen. It is an illusion. It is a fantasy. And that's why the numbers end up OK.

So if you really look behind all of these numbers, [the Baucus bill ] is a disaster.