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Mike Johnson: “Premiums continue to go up because Obamacare is a flawed…”

Featuring: Mike Johnson, Republican | Speaker of the United States House of Representatives | National

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Speaker Johnson Joins Squawk Box on CNBC

Published | Video Starts at 08:27

And he said, he said if indeed there is going to be any extension of that, there has to be real reforms to it, because it is a broken system. It is basically the American taxpayers subsidizing insurance companies. Premiums continue to go up because Obamacare is a flawed system. Okay? There has to be reform. That's not something you can negotiate in a couple of days. That's going to take all the month of October or November, assuming that we could even reach agreement on that. (08:27–08:32)

CLAIM

Asserts that Obamacare is flawed and causes premiums to increase.

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