Naked Emperor News strikes again! I guess this is just another racist smear. President Obama, Dear Leader, would never, ever, tell a lie.
2007: Conceivably, it is possible to capture, ah, those savings and apply them to provide coverage in theory. But transitioning a system is a very difficult and costly and lengthy enterprise. It’s not like you can turn on a switch and go from one system to another. Ah, so it’s possible that up front you would need, not just, you might need an additional ninety or a hundred billion dollars a year, to provide coverage with the understanding that you would capture savings over the long term as the system transitions. And, and, you know, the question then becomes how do people feel, you know, about paying additional money. Let’s say that I proposed a plan that moved to a single payer system, let’s say Medicare Plus, essentially everybody could buy into Medicare for example. It would cost a huge amount of money. Ah, we’re gonna have to come up with at least fifty billion dollars in new money just to maintain the existing coverage that’s provided to kids through the SCHIP program. There are an additional six million, I believe, children, who are not covered, but who would otherwise be eligible, so we would have to come up with some additional money to cover them, to make sure that every child has basic coverage. It raises then the issue of cost. That’s why there have been a couple of times when I’ve pushed people on the idea of paying higher taxes in order to implement the system.”
Via Breitbart
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