Ted Cruz: “Obamacare made the health insurance companies rich and made…”

“I was fighting for American citizens whose health care premiums had skyrocketed. And they had skyrocketed because Obamacare was a train wreck. It was a disaster. It caused a massive increase in health insurance premiums. It Obamacare made the health insurance companies rich and made millions of ordinary Americans unable to afford health insurance. And by the way, I was also fighting for it at a time when the House of Representatives that was Republican had voted to fund the federal government.” (28:49–28:58)

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.