Here’s a transcript of tonight’s EXCLUSIVE ‘ED Show’ interview with Democratic House Leader Nancy Pelosi about the Supreme Court’s ruling on the health care law and the House vote to hold Attorney General Eric Holder:
SCHULTZ: On this historical day that it is I’m here with Democratic Leader Nancy Pelosi. Congresswoman, congratulations is in order and I say that because after Scott Brown got into the Senate, there were a lot of people that were saying healthcare was dead. You revived it. You must feel vindicated.
PELOSI: I don’t know if vindicated is the word. I’m really very, very happy. I always knew, I always thought, this would be upheld by the court. I said six to three. I was wrong – it was five-four. I gave too much credit to, well let me free myself of my negative thoughts here to one of the justices. This is about, people said… Oh people suffered…. politically because of this vote. I think that’s what the election of 2010 was about nine and half percent unemployment. $200 million was spent misrepresenting the healthcare bill. Nine and half percent unemployment is hard to get through that shield to explain anything. Our members feel proud of what they did. We stand there in the ranks of those who passed social security, Medicare and now health care for all Americans as a right, not a privilege. We came to do a job and now we’re glad the court upholds it.
SCHULTZ: There’s a lot of Americans out there that stood with you on healthcare. They are not in the congress today. The Tea Party ran against them, the tea party went after them on this health care bill. What do you say to them? Was that a courageous move?
PELOSI: They stood very strong and I heard from most of them today after the election, when we met, they said I would never reverse my vote on healthcare for any reason. That’s what I came here to do. They knew their reason to be here today, to get a job done for the American people and today we’ve heard from many of them, very elated about this.
SCHULTZ: What are the next four months going to be like running into the election? Boehner just said in another press conference that the American people are going to have to decide whether they want this or not.
PELOSI: I think the decision has been made. More people are taking advantage of the health care reform. Some of the provisions that are already in affect know how important to them whether it’s pre-existing conditions, staying on your parent’s plan, whether it’s lower costs of prescription drugs for seniors. Those kinds of issues and the more people know what it means to them, the more popular the bill will be, no matter what the other side says.
SCHULTZ: Listening to Mitt Romney today, he is clearly going to run against this. Is this a political winner?
PELOSI: Listening to Mitt Romney today, I was confused because it was as if he was for it before he was against it and now he’s both. He supports the decision of the court, to overturn the entire bill and yet he said but if they do that, you still cannot be discriminated against on the basis of pre-existing medical conditions. How does that happen? Is he going to pay for it? Maybe he’s volunteering. The fact is you cannot have it both ways.
SCHULTZ: President Obama said today that this is going to reduce costs, President Obama said today that this going to save the country money. In the other room, the Republicans are saying no, this is going to blow up the deficit. The CBO scores it as a financial winner over the long haul. Who is telling the truth?
PELOSI: Well first of all, when we did the bill, one of the main purposes of the bill in addition to the right of people to have access to healthcare. The cost of healthcare in our country was totally unsustainable for individuals, for families, for businesses large and small. For government – state, local and federal budgets and for our economy because the healthcare costs are a competitiveness issue. Lowering costs was an essential part of what went down this path and it would be an ever-escalating lowering of cost if you can say it that way. That is to say the CBO scored it in a way to lower cost that it does. But it also has built into it studies from the institute of medicine, etc., to say we have to make choices that are not about volume, but about value. Value, not volume. Quality, not quantity. Procedures addressing regional disparities, all of that technical but nonetheless substantial in terms of cost. And in addition to that, not part of this bill, but what we did leading up to this bill with the recovery act was electronic medical records, health IT which was they tell us, the outside groups, they tell us we can reduce costs by hundreds of billions of dollars.
SCHULTZ: But they say, it’s not cost efficient and they’re going to run on that.
PELOSI: Well you know what, we’ll just have to have that debate because what they want is XX insurance companies to have their way. It’s just what it is. You have a good combination of the health insurance industry and the anti-government ideologues who go out there and fight against this bill. What they want is the insurance companies had a good gig. They can charge anything, ever increase the cost, you get sick, you lose your policy and you can even have your policy rescinded on the way to the operating room.
SCHULTZ: They spent a lot of money telling people that this is not good, that the next four months is going to be important – messaging to the American people that this is good.
PELOSI: Yes, but I think these elections are always about jobs. That’s really what the debate will be.
SCHULTZ: Well they call it a job killer
PELOSI: It creates 4 million jobs. Health insurance – healthcare is the fastest growing entity in our economy.
SCHULTZ: So it’s not a job killer?
PELOSI: it’s not. It creates 4 million jobs, it reduces the deficit, it lowers the cost of individuals, it improves the quality and it expands coverage. And it does so in a market-oriented way. If I had my way I’d have single payer and public option, but nonetheless this bill does the job.
SCHULTZ: Your thoughts on Chief Justice Roberts decision, him being the one.
PELOSI: Chief Justice Roberts’s decision I believe is consistent with his writings and his pronouncements in the past about the extent of the court, the Supreme Court’s role in the passing of the constitutionality. That’s why I always said 6 – 3, I anticipated we could possibly get Kennedy, but I was wrong. But we did win and I was right on that.
SCHULTZ: You had a very emotional phone call this morning with Vicky Kennedy…
PELOSI: I did. I called Vicky, as soon as we knew because I didn’t know whether she had the TV on or not, and I called Vicky and I said, thank you, congratulations and she goes saying the same thing back to me. And I said to her, you know, we all know this would not have happened without Teddy. It was his life’s work; it was called the great unfinished business of our country. And I said when he left us we know he was having an influence from on high when we passed the bill and now up until today with the announcement I said now, finally Teddy, as far as health care is concerned can rest in peace.








