We spent zero on chronic disease when my uncle was president. Today we spent $4.3 trillion on chronic disease. 48 cents out of every dollar that Americans spend in taxes is going to healthcare. 90% of that [healthcare spending] is going to chronic disease. Most of these diseases we just didn't have around in the 1960s. And there are all these perverse incentives that are driving a decline in our health care system so that we have the most expensive. (05:27–05:30)
CLAIM
Asserts that 90% of U.S. healthcare spending is on chronic disease.
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