Video: Reid dismisses $54 billion in tort-reform savings
(By Ed Morrissey, Hot Air) - Harry Reid struggles with math as well as with common sense in this clip from yesterday, which highlights Reid’s argument against considering tort reform as part of the overhaul of the American health-care system. Reid gets his numbers wrong, gets his scale wrong, and in the process admits that the actual cost of the Baucus plan is not $829 billion but $2 trillion:
SENATOR HARRY REID: He talked about CBO saying that there would be $54 billion saved each year if we put caps on medical malpractice and put some restrictions — tort reform — $54 billion. Sounds like a lot of money, doesn’t it, Mr. President? The answer is yes. But remember, we’re talking about $2 trillion, $54 billion compared to $2 trillion. You can do the math. We can all do the math. It’s a very small percent.
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