So I pay in every month just in case I get into an accident and then I pull down from the pot, right? But what sustains the insurance company is that I'm paying in. Okay? So now what's happened is Medicaid and Medicare have been cut significantly because they decided, no, we don't want the tax dollars, the tax revenue that we were getting from those 1 percenters, we want to return that money to the 1 percenters instead of them paying into our health care infrastructure. All right, so when you take $1 trillion out, how else do you sustain the infrastructure? Let's say the. The. Let's say that the budget for healthcare in this country is $10, right? (42:13–42:32)
CLAIM
Asserts that Medicaid and Medicare cuts are due to tax revenue being returned to the wealthiest 1%.
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.