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CNBC "The Kudlow Report" - Transcript: Special Inspector General for Monitoring the Affordable Care Act


Location: Washington, DC

Last night, Congressman Peter Roskam (IL-06) was on CNBC's "The Kudlow Report" to talk about his legislation to create a Special Inspector General for Monitoring the Affordable Care Act, or SIGMA. The Special Inspector General will bring much needed oversight to the healthcare law that will cost taxpayers $1.8 trillion and impact virtually every American's healthcare decisions.

SIGMA Would Deliver Answers to Americans on Obamacare

"The concept is a very simple one -- follow the money and give an independent oversight agent, that is a Special Inspector General, the capacity to go across all of these jurisdictional lines. Because here's the limitations right now: the Health and Human Services Inspector General can only ask HHS questions; Treasury can only ask Treasury questions. And there's dozens of agencies that are involved in Obamacare and no one single entity has the capacity to ask all of the questions. This will be a money saver."

Administration is So Wedded to ACA's Success that They are Hiding the Truth

"…It all begs the question, which is, who watching this whole scene? And the answer is nobody is watching the whole scene in totality…the reality, Larry, is that the Administration has so wedded itself to Obamacare, a signature piece of legislation for the president, that they don't have that dispassionate interest in trying to get to the bottom of things. They are really interested in covering up and patching through, and coming up with a whole hodgepodge approach. And the net result is -- it's individual citizens and individual businesses that are really suffering."

Americans Are Being Harmed By Obamacare

"I think Obamacare is a house of cards that is collapsing as it is being built. The trouble is that, as it is being built and as it is collapsing at the same time, it's injuring people and it's having an adverse impact on the economy. You cannot get straight answers from this Administration, which is why you need an independent oversight organization, or a Special Inspector General, that has the breadth and capacity to get and cut through all the nonsense and go from one department to the other department to put all of the pieces together to find out what's what."

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