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RACHEL MARTIN, HOST:
Now to one of Donald Trump1's most politically important Cabinet picks. Georgia Congressman2 Tom Price goes before the Senate Health Committee today to make the case that he should be the next secretary of Health and Human Services. Price is a doctor, an orthopedic surgeon, in fact. And he's worked on budget and health care issues during his time in Congress.
He's been a vocal3 critic of Obamacare. So Democrats5 are sure to grill6 him about Republicans' plans to repeal7 and replace the law. And as NPR's Alison Kodjak reports, Price is also likely to face questions about his own finances.
ALISON KODJAK, BYLINE8: Price's ethics9 reports show he traded in dozens of stocks while he served in Congress. Those include shares of pharmaceutical10 companies and medical device makers11. Several news outlets12, including The Wall Street Journal, have reported that Price traded in those stocks while he sponsored legislation that could have increased their value. Senator Patty Murray, the ranking Democrat4 on the committee, is promising13 to ask Price a lot of questions.
PATTY MURRAY: We want to know who he met with and when, whether the transactions in question were initiated14 by a broker15 or by Congressman Price himself, what, if any, nonpublic information Congressman Price had when those transactions were made and exactly how much profit he made from each transaction.
KODJAK: Murray says the committee needs to ensure that Price was acting16 on behalf of the public rather than himself. That's the standard for all government employees. A Trump transition spokesman says Price's stocks are held in a broker-directed account, and the broker buys and sells without Price's knowledge. He also points out that some Democratic senators also hold individual company stocks in their portfolios18. The spokesman says the Office of Government Ethics has determined19 that Price complied with congressional disclosure rules.
Along with ethics, Price is going to have to talk about the incoming administration's plans for Obamacare. Lawmakers have already taken steps to repeal the Affordable20 Care Act. And Price has been a vocal opponent of the law. He's proposed a replacement21 that would offer people tax credits to buy insurance on the private market. But those credits would often be smaller than the subsidies22 offered under Obamacare. Price's plan also promotes the use of tax-free health savings23 accounts to pay for medical costs.
Senator Bernie Sanders, who wants universal health care, says Price's ideas will result in fewer people being covered. He spoke17 to reporters yesterday just after meeting with the nominee24.
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BERNIE SANDERS: My major concern is that I believe his approach would make a difficult situation right now even worse.
KODJAK: And lurking25 in the background will be the words of President-elect Donald Trump, who said a few days ago that he too wants health care for everyone. But Trump didn't give any details on how that would happen. Alison Kodjak, NPR News, Washington.
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