Cory Booker: “Nearly one out of every three dollars in the federal budget…”

“These then we pay a second time at the back end when those same Americans show up at the hospital with type 2 diabetes or other ailments. Think about this. Nearly one out of every three dollars in the federal budget now goes to health care. Type 2 diabetes alone, just one of many diet related diseases, costs US taxpayers $300 billion a year in direct medical costs. And that's just diabetes.” (03:42–03:50)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.