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Eric Hovde: “The way they arrived at that [Obamacare savings] was…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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Full interview with Eric Hovde

Published | Video Starts at 27:44

60 cents on every dollar spent today now in health care comes from the federal and state government. Furthermore, when President Obama passed Obamacare, he said that it will save taxpayer money over the next decade. The way they arrived at that [Obamacare savings] was factoring in 10 years worth of tax revenue, but only six and a half years worth of expenses. That is fraud. If a public company CEO engaged and did their books that way, they would be put in jail. And I'm shocked frankly that the press hasn't held them accountable for that. (27:44–27:52)

CLAIM

Asserts that Obamacare's projected savings were calculated using 10 years of revenue and 6.5 years of expenses.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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