The budget I'm presenting today supports these goals and reflects two enduring American values, compassion and responsibility. I invite the Committee to unite around these ideals with me. The United States remains the sickest developed nation, and yet we spend 4.5 trillion annually on health care. Two to three times more per capita to comparable nations. Clearly, something is structurally wrong with our approach. Furthermore, health care costs are steadily increasing at a rate of 2% greater than the economy. (01:25–01:34)
CLAIM
Asserts that the U.S. is the sickest developed nation and spends $4.5 trillion annually on healthcare.
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.
