Obama said:
"We must attack the root causes of skyrocketing healthcare costs. Some of these costs are the result of unwarranted profiteering that has no place in our healthcare system."
Given government's huge role in healthcare pricing in America, I'd like to see him point out what "unwarranted profiteering" he is talking about. If he means health insurers, he might urge Congress to allow people to buy health insurance across state lines before he kills off all the health insurers and forces us onto Medicare. Otherwise much of the variation in costs is caused by state certificate of need laws.
And then he started in on how he is going to "pay for" his big plans:
"We must develop a plan that doesn't add to our budget deficit. My budget included a historic downpayment on reform and we'll work with Congress to fully cover the costs through rigorous spending reductions and appropriate additional revenues."
We've already seen how Obama does "rigorous spending reductions." And if you have seen any of his energy plans, you already have a good idea about how appropriate his "additional revenues" are going to be.
Here is the video if you want to see for yourself:
