•Two years ago, you told people on the campaign trail that paying for more coverage through efficiency savings in the health-care system was a myth, and that it would take higher taxes to overhaul the health care system. Now you argue the opposite. Why?
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.
Quite the change, yes? Of course, this version of Obama spoke in 2007: