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Mehmet Oz: “Our actuarials told us we would be spending 5.4 trillion…”

Featuring: Mehmet Oz, Republican | Administrator of the Centers for Medicare & Medicaid Services | National

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LIVE: White House briefing with Dr. Oz Mehmet

Published | Video Starts at 34:18

But as you know, in the working families tax cut legislation, which I believe saved Medicaid, and the reason I say that is Our actuarials told us we would be spending 5.4 trillion more dollars for this program over the next decade if we didn't deal with some of the legalized money laundering that was siphoning money out of the program. Part of the reason that this is so attractive to states is they could take money in ways that it was not designed to be used, paying people along the way so they didn't have to pay for it themselves. (34:18–34:30)

CLAIM

Asserts that without addressing financial issues, Medicaid would cost $5.4 trillion more over the next decade.

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.


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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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