Stuart Varney, host: “I want a prediction. Will we go back and get rid of Obamacare in the immediate future? Are we going to do that quickly, as the president said?”
Norquist: “I believe we will, and the reason is that the alternatives are awful. And the people who voted ‘no’ thought they were negotiating, and doing something on healthcare. They didn’t understand they were sinking fundamental tax reform if we didn’t get healthcare first. Why? Because there’s a trillion dollars per decade in tax reduction in getting rid of Obamacare. Obamacare was a series of twenty taxes adding up to a trillion dollars in a decade, and they put a stethoscope on it and called it Obamacare. It was an additional trillion dollars in spending. This is the largest spending and tax cut most of these congressmen will ever vote on in the rest of their lives.”
Varney: “To repeat, Grover Norquist, the guy who knows his way around Washington, he says, yes, it will be done. Correct?”
Norquist: “Yes, because the alternative is too awful.”
Varney & Co. airs Monday through Friday from 9:00 a.m. to 12:00 Noon on the Fox Business Network.