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Obama: Healthcare Costs Untenable

HeadlineJun 25, 2009

President Obama, meanwhile, continued his push for healthcare reform with a televised forum from the White House. Obama said current healthcare costs are unsustainable.

President Obama: “If we don’t do some of the things that we’ve talked about tonight, you know, changing how we pay for quality instead of quantity, making sure that we are investing in prevention, all those game-changers that I discussed earlier — if we don’t do those things, Medicare and Medicaid are going to be broke, and it will consume all of the federal budget. Every program that currently exists under the federal budget, except defense and entitlements, all that would be swept aside by the cost of healthcare, if we do nothing.”

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