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OBAMA: I understand being —

(CROSSTALK)

BAIER: And there are a lot of people around America that have a problem with this process.

OBAMA: Bret, I —

BAIER: You called it an ugly process just last month.

OBAMA: I've got to tell — I've got to say to you, there are a lot more people who are concerned about the fact that they may be losing their house or going bankrupt because of health care.

BAIER: OK, so we have —

OBAMA: And so — so the — look —

BAIER: Deem and passed, Senate reconciliation and we don't know exactly what's in the fix bill. Do you still think —

OBAMA: No, we will — by the time the vote has taken place, not only I will know what's in it, you'll know what's in it because it's going to be posted and everybody's going to be able to able to evaluate it on the merits.

But here's the thing, Bret, I mean, the reason that I think this conversation ends up being a little frustrating is because the focus entirely is on Washington process. And yes, I have said that is an ugly process. It was ugly when Republicans were in charge, it was ugly were in Democrats were in charge.

BAIER: This is one-sixth of the U.S. economy, though, sir. One-sixth.

OBAMA: And, Bret, let me tell you something, the fact of the matter is that for the vast majority of people, their health care is not going to change because right now they're getting a better deal. The only thing that is going to change for them is is that they're going to have more security under their insurance and they're going to have a better situation when it comes to if they lose their job, heaven forbid, or somebody gets sick with a preexisting condition, they'll have more security. But, so — so —

BAIER: So how can you —

OBAMA: — the notion that —

BAIER: — guarantee that they're not going to —

OBAMA: — so but —

BAIER: — they're going to be able to keep their doctor —

OBAMA: Bret, you've got to let me finish my answers —

BAIER: Sir, I know you don't like to filibuster, but —

OBAMA: Well, I'm trying to answer your question and you keep on interrupting. So let me be clear.

Now, you keep on repeating the notion that it's one-sixth of the economy. Yes, it's one-sixth of the economy, but we're not transforming one-sixth of the economy all in one fell swoop. What we're saying is is that for the vast majority of people who have health care, they're going to be able to keep it. But what we are saying is that we should have some basic protections from insurance company abuses and that in order for us to do that, we are going to have to make some changes in the status quo that we've been debating for a year.

This notion that this has been not transparent, that people don't know what's in the bill, everybody knows what's in the bill. I sat for seven hours with —

BAIER: Mr. President, you couldn't tell me what the special deals are that are in or not today.

OBAMA: I just told you what was in and what was not in.

BAIER: Is Connecticut in?

OBAMA: Connecticut — what are you specifically referring to?

BAIER: The $100 million for the hospital? Is Montana in for the asbestos program? Is — you know, listen, there are people — this is real money, people are worried about this stuff.

OBAMA: And as I said before, this — the final provisions are going to be posted for many days before this thing passes, but —

BAIER: Let me get to some of the specifics on substance not process.

OBAMA: The only thing —

(CROSSTALK)

BAIER: (INAUDIBLE)

OBAMA: — the only thing I want to say, just to close up, is that when you talk about one-sixth of the economy, this is one-sixth of the economy that right now is a huge drag on the economy. Now, we can fix this in a way that is sensible, that is centrist. I have rejected a whole bunch of provisions that the left wanted that are — you know, they were very adamant about because I thought it would be too disruptive to the system. But what we can't do is perpetuate a system in which millions of people day in and day out are having an enormously tough time and small businesses are sending me letters constantly saying that they are seeing their premiums increase 40, 50 percent.

BAIER: Mr. President, you said Monday that you praised the Congressional Budget Office numerous times. You also said this, this proposal makes Medicare stronger — and you just said it to me here —

OBAMA: Right.

BAIER: — it makes coverage better, it makes its finances more secure, and anyone who says otherwise is misinformed or is trying to misinform you.

OBAMA: Right.

BAIER: The CBO has said specifically that the $500 billion that you say that you're going to save from Medicare is not being spent in Medicare. That this bill spends it elsewhere outside of Medicare. So you can't have both.

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