Ron Johnson: “In 1990, [Medicare] cost $110 billion.”

“I'm beginning to actually look at the reality of real numbers. Back when they first started Medicare, they projected up 25 years and said it would cost $12 billion. In 1990, [Medicare] cost $110 billion. And you're talking about these, these studies conducted within Medicare. CBO just conducted a study of 34 of 34 programs to cut costs.” (08:55–08:59)

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