Back in the day, Barack Obama really did work as a mythbuster. In this clip from Naked Emperor News and Breitbart TV, Obama explains that any health-care overhaul will require $100 billion a year in new spending, for which Obama would push new taxes as a funding mechanism. Cutting red tape and “profits” out of the existing system would not be enough to fund a transition to a new system. Medicare and Medicaid, he warns, get used by politicians to manipulate budgets at the expense of health-care providers.
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