Transcript: Health Care Debate

COBURN: Oh, I did. No, there's no question. Look, my whole goal in this thing was to bring two families to a closure of a very painful episode. And there's no question that Doug called me and said, "Will you talk to John about solving a problem?" And so I called John Ensign and said, "Do you want me to talk to him?" He said, "Yes."

But, you know, the -- the question that's worrisome is, what is the motivation now for -- for this? Doug obviously asked to have some remuneration for the injury that he had. And on private sector, that happens all the time. But there -- there was no negotiation. There was, "I'll pass it along," or, "Yes, I won't."

STEPHANOPOULOS: Senator, thanks very much.

Thank you all very much.

BLACKBURN: Thank you.

NELSON: Thank you.

STEPHANOPOULOS: The roundtable is next with George Will, Robert Reich, Liz Cheney, and Walter Isaacson. And later, the Sunday funnies.

(COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

RATIGAN: Why does Tim Geithner still have a job?

(UNKNOWN): Well, I'm not sure, Dylan.

(UNKNOWN): We need a new economic team that cares about -- more about jobs, Main Street, and the American people than it does about Wall

Street and huge bonuses.

CASEY: I appreciate your -- your public service. I voted for your confirmation, and it was the right vote.

(UNKNOWN): For the sake of our jobs, will you step down from your post?

GEITHNER: I agree with almost nothing in what you said, and I think

almost nothing of what you said represents a fair and accurate perception of where this economy is today.

(END VIDEO CLIP)

STEPHANOPOULOS: Tim Geithner fighting back on Capitol Hill and came under some fire as he was testifying (inaudible) sign of some real populist anger out there. Let's discuss it on our roundtable.

I am joined, as always, by George Will, by Walter Isaacson, the president of the Aspen Institute, also author, biographer of many subjects, new book out, "American Sketches: Great Leaders, Creative Thinkers, and Heroes of a Hurricane," Bob Reich of the American Prospect, also a professor at U. Cal, Berkeley, and Liz Cheney, former State Department official and now the chair of Keep America Safe, a Republican advocacy organization.

And, George, let me...

CHENEY: Not Republican. Just national security...

(CROSSTALK)

STEPHANOPOULOS: Republican -- national security. A lot of Republicans on it, but national security. George, let me begin on the economy. I want to also add, though, one other number from the new ABC poll that just came out today, and it shows -- and they asked, in the last year, have you or has anyone living in your house lost their job? February, 18 percent. Today, 30 percent, 30 percent either living with someone or lost a job themselves. And I think that's almost certainly what's fueling the kind of fire that Tim Geithner got this week.

WILL: That's right. People feel that there's a huge displacement of priorities in Washington. The economy is in deep trouble, and we're piling a new entitlement with taxes on top of it.

Mr. Geithner ran into this -- this buzz storm, and it's going to get worse, because after the 2001 recession, as after the 1991 recession, job losses continued after the recession ended for more than a year-and-a-half. So this is going to be with us for a while.

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