CNBC Press Releases

DYLAN: YOU ARE SAYING EFFECTIVELY THAT IS A STEP IN THAT DIRECTION.

HUBBARD: THIS IS ANOTHER STEP IN THAT DIRECTION. THAT IS EXACTLY RIGHT.

NUSSLE: WE WANT HEALTH TO BE PERSONAL. IT IS PERSONAL TO ALL OF US. WE WANT TO MAKE SURE THAT HEALTH CARE IS PERSONAL. IT SHOULD NOT THE GOVERNMENT RUN IT SHOULD BE PERSONAL

DYLAN: BUT THE QUESTION IS...NO DOLLAR?

NUSSLE: I CANNOT COMMENT ON THE DOLLAR.

DYLAN: WE ARE DOING TWO THINGS AT ONCE. WE'RE BEING HIGHLY PRODUCTIVE.

LAZEAR: CAN I JUST THROW IN ONE POINT..THE NOTION THAT BY GOING TO GOVERNMENT HEALTH CARE IT ASSUMES IT IS A FREE LUNCH AND SOMEONE HAS TO PAY FOR THAT. BUT THAT IS WITH TAXES. WHEN TAXES GO UP IT WE BECOME LESS COMPETITIVE. SO THE NOTION THAT IF WE REMOVE THIS BURDEN THE CORPORATION IS PAYING FOR PRIVATE HEALTH CARE AND PRIVATE HEALTH CARE IS A LOT MORE EFFICIENT EVEN WHEN IT IS MORE EXPENSIVE. IF YOU MOVE THIS TO THE GOVERNMENT AND PASSING IT THROUGH THE TAX SYSTEM THAT WILL NOT HELP.

GUTIERREZ: WHAT COUNTRY HAS HAD SUCCESS WITH NATIONALIZED HEALTH CARE THAT CAN DELIVER THE QUALITY THAT WE HAVE?

HUBBARD: THE PRESIDENT HAS MADE IT CLEAR THAT WE NEED TO TAKE CARE OF POOR CHILDREN BUT WE ALSO NEED TO TAKE CARE OF OUR OVER HEALTH CARE SYSTEM. THE COSTS ARE GOING UP TOO RAPIDLY, AND THERE 46 MILLION AMERICANS WHO DON'T HAVE INSURANCE. WE NEED TO ADDRESS THOSE PROBLEMS. HE HAS GIVEN US COMPELLING PROPOSALS TO ADDRESS THOSE PROBLEMS AND UNFORTUNATELY THE DEMOCRATIC CONGRESS HAS BEEN UNWILLING TO DEAL WITH THEM.

DYLAN: YOU HAVE THINGS TO DO AND I'M GRATEFUL FOR THE TIME YOU HAVE DECIDED TO SPEND WITH US TODAY.

WE WILL TAKE A MOMENTARY BREAK AND THEN I WILL HARASS THEM ABOUT THE DOLLAR DURING THE COMMERCIAL BREAK AND BRING IT IN THE COMMENTS ON THE CURRENCY RIGHT AFTER THIS.

About CNBC:
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/.

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