English subtitles for clip: File:2009-10-17 President Obama's Weekly Address.ogv
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1 00:00:05,600 --> 00:00:07,366 The President: Over the better part of the past year, 2 00:00:07,367 --> 00:00:10,065 a great debate has taken place in Washington and across 3 00:00:10,066 --> 00:00:13,800 America, about how to reform our health care system to provide 4 00:00:13,800 --> 00:00:16,000 security for people with insurance, 5 00:00:16,000 --> 00:00:18,066 coverage for those without insurance, 6 00:00:18,066 --> 00:00:20,299 and lower costs for everyone. 7 00:00:20,300 --> 00:00:23,467 From the halls of Congress to the homes of ordinary Americans, 8 00:00:23,467 --> 00:00:27,700 this debate has helped us to forge consensus and find common ground. 9 00:00:27,700 --> 00:00:28,967 That's a good thing. 10 00:00:28,967 --> 00:00:31,165 That's what America's all about. 11 00:00:31,166 --> 00:00:33,633 Now, as the debate draws to a close, 12 00:00:33,633 --> 00:00:36,767 we can point to a broad and growing coalition of doctors and 13 00:00:36,767 --> 00:00:40,900 nurses, workers and businesses, hospitals and even drug 14 00:00:40,900 --> 00:00:44,000 companies -- folks who represent different parties and 15 00:00:44,000 --> 00:00:47,300 perspectives, including leading Democrats and many leading 16 00:00:47,300 --> 00:00:51,099 Republicans -- who recognize the urgency of action. 17 00:00:51,100 --> 00:00:53,600 Just this week, the Senate Finance Committee approved a 18 00:00:53,600 --> 00:00:58,066 reform proposal that has both Democratic and Republican support. 19 00:00:58,066 --> 00:01:01,000 For the first time ever, all five committees in Congress 20 00:01:01,000 --> 00:01:05,500 responsible for health reform have passed a version of legislation. 21 00:01:05,500 --> 00:01:08,500 As I speak to you today, we are closer to reforming the health 22 00:01:08,500 --> 00:01:11,967 care system than we have ever been in history. 23 00:01:11,967 --> 00:01:14,867 But this is not the time to pat ourselves on the back. 24 00:01:14,867 --> 00:01:17,066 This is not the time to grow complacent. 25 00:01:17,066 --> 00:01:19,667 There are still significant details and disagreements to be 26 00:01:19,667 --> 00:01:21,734 worked out in the coming weeks. 27 00:01:21,734 --> 00:01:25,600 And there are still those who would try to kill reform at any cost. 28 00:01:25,600 --> 00:01:29,333 The history is clear: for decades rising health care costs 29 00:01:29,333 --> 00:01:32,000 have unleashed havoc on families, businesses, 30 00:01:32,000 --> 00:01:33,567 and the economy. 31 00:01:33,567 --> 00:01:36,967 And for decades, whenever we have tried to reform the system, 32 00:01:36,967 --> 00:01:38,800 the insurance companies have done everything in their 33 00:01:38,800 --> 00:01:41,433 considerable power to stop us. 34 00:01:41,433 --> 00:01:44,367 We know that this inaction has carried a terrible toll. 35 00:01:44,367 --> 00:01:46,834 In the past decade, premiums have doubled. 36 00:01:46,834 --> 00:01:49,266 Over the past few years, total out of pocket costs for people 37 00:01:49,266 --> 00:01:52,000 with insurance rose by a third. 38 00:01:52,000 --> 00:01:54,900 And we know that if we do not reform the system, 39 00:01:54,900 --> 00:01:57,800 this will only be a preview of coming attractions. 40 00:01:57,800 --> 00:01:59,899 A new report for the Business Roundtable -- 41 00:01:59,900 --> 00:02:02,400 a non-partisan group that represents the CEOs of major 42 00:02:02,400 --> 00:02:05,500 companies -- found that without significant reform, 43 00:02:05,500 --> 00:02:09,366 health care costs for these employers and their employees 44 00:02:09,366 --> 00:02:13,500 will well more than double again over the next decade. 45 00:02:13,500 --> 00:02:18,633 The cost per person for health insurance will rise by about $18,000. 46 00:02:18,633 --> 00:02:20,266 That's a huge amount of money. 47 00:02:20,266 --> 00:02:22,100 That's going to mean lower salaries and higher 48 00:02:22,100 --> 00:02:26,567 unemployment, lower profits and higher rolls of uninsured. 49 00:02:26,567 --> 00:02:29,533 It's no exaggeration to say, that unless we act, 50 00:02:29,533 --> 00:02:33,100 these costs will devastate the US economy. 51 00:02:33,100 --> 00:02:35,333 This is the unsustainable path we're on, 52 00:02:35,333 --> 00:02:38,333 and it's the path the insurers want to keep us on. 53 00:02:38,333 --> 00:02:41,433 In fact, the insurance industry is rolling out the big guns and 54 00:02:41,433 --> 00:02:43,966 breaking out their massive war chest -- 55 00:02:43,967 --> 00:02:48,300 to marshal their forces for one last fight to save the status quo. 56 00:02:48,300 --> 00:02:51,400 They're filling the airwaves with deceptive and dishonest ads. 57 00:02:51,400 --> 00:02:54,967 They're flooding Capitol Hill with lobbyists and campaign contributions. 58 00:02:54,967 --> 00:02:59,400 And they're funding studies designed to mislead the American people. 59 00:02:59,400 --> 00:03:02,667 Of course, like clockwork, we've seen folks on cable television 60 00:03:02,667 --> 00:03:06,467 who know better, waving these industry-funded studies in the air. 61 00:03:06,467 --> 00:03:09,300 We've seen industry insiders -- and their apologists -- 62 00:03:09,300 --> 00:03:13,166 citing these studies as proof of claims that just aren't true. 63 00:03:13,166 --> 00:03:15,633 They'll claim the premiums will go up under reform; 64 00:03:15,633 --> 00:03:17,900 but they know that the non-partisan Congressional 65 00:03:17,900 --> 00:03:21,367 Budget Office found that reforms will lower premiums in a new 66 00:03:21,367 --> 00:03:24,867 insurance exchange while offering consumer protections 67 00:03:24,867 --> 00:03:27,667 that will limit out-of-pocket costs and prevent discrimination 68 00:03:27,667 --> 00:03:29,767 based on pre-existing conditions. 69 00:03:29,767 --> 00:03:32,233 They'll claim that you'll have to pay more out of pocket; 70 00:03:32,233 --> 00:03:35,233 but they know that this is based on a study that willfully 71 00:03:35,233 --> 00:03:37,433 ignores whole sections of the bill, 72 00:03:37,433 --> 00:03:40,200 including tax credits and cost savings that will greatly 73 00:03:40,200 --> 00:03:42,533 benefit middle class families. 74 00:03:42,533 --> 00:03:44,799 Even the authors of one of these studies have now admitted 75 00:03:44,800 --> 00:03:48,633 publicly that the insurance companies actually asked them to 76 00:03:48,633 --> 00:03:50,633 do an incomplete job. 77 00:03:50,633 --> 00:03:52,166 It's smoke and mirrors. 78 00:03:52,166 --> 00:03:53,299 It's bogus. 79 00:03:53,300 --> 00:03:55,100 And it's all too familiar. 80 00:03:55,100 --> 00:03:57,466 Every time we get close to passing reform, 81 00:03:57,467 --> 00:03:59,934 the insurance companies produce these phony studies as a 82 00:03:59,934 --> 00:04:02,233 prescription and say, "Take one of these, 83 00:04:02,233 --> 00:04:04,200 and call us in a decade." 84 00:04:04,200 --> 00:04:06,533 Well, not this time. 85 00:04:06,533 --> 00:04:08,833 The fact is, the insurance industry is making this 86 00:04:08,834 --> 00:04:13,033 last-ditch effort to stop reform even as costs continue to rise 87 00:04:13,033 --> 00:04:15,266 and our health care dollars continue to be poured into their 88 00:04:15,266 --> 00:04:18,466 profits, bonuses, and administrative costs that do 89 00:04:18,466 --> 00:04:21,700 nothing to make us healthy -- that often actually go toward 90 00:04:21,700 --> 00:04:24,400 figuring out how to avoid covering people. 91 00:04:24,400 --> 00:04:26,700 And they're earning these profits and bonuses while 92 00:04:26,700 --> 00:04:30,332 enjoying a privileged exception from our anti-trust laws, 93 00:04:30,333 --> 00:04:33,266 a matter that Congress is rightfully reviewing. 94 00:04:33,266 --> 00:04:35,967 Now, I welcome a good debate. 95 00:04:35,967 --> 00:04:38,700 I welcome the chance to defend our proposals and to test our 96 00:04:38,700 --> 00:04:41,633 ideas in the fires of this democracy. 97 00:04:41,633 --> 00:04:44,700 But what I will not abide are those who would bend the truth 98 00:04:44,700 --> 00:04:47,834 -- or break it -- to score political points and stop our 99 00:04:47,834 --> 00:04:49,767 progress as a country. 100 00:04:49,767 --> 00:04:52,433 And what we all must oppose are the same old cynical Washington 101 00:04:52,433 --> 00:04:55,500 games that have been played for decades even as our problems 102 00:04:55,500 --> 00:04:58,467 have grown and our challenges have mounted. 103 00:04:58,467 --> 00:05:01,265 Last November, the American people went to the polls in 104 00:05:01,266 --> 00:05:04,000 historic numbers and demanded change. 105 00:05:04,000 --> 00:05:06,200 They wanted a change in our policies; 106 00:05:06,200 --> 00:05:09,332 but they also sought a change in our politics: a politics that 107 00:05:09,333 --> 00:05:13,333 too often has fallen prey to the lobbyists and special interests; 108 00:05:13,333 --> 00:05:16,567 that's fostered division and sustained the status quo. 109 00:05:16,567 --> 00:05:21,433 Passing health insurance reform is a great test of this proposition. 110 00:05:21,433 --> 00:05:24,567 Yes, it will make a profound and positive difference in the lives 111 00:05:24,567 --> 00:05:26,200 of the American people. 112 00:05:26,200 --> 00:05:29,433 But it also now represents something more: whether or not 113 00:05:29,433 --> 00:05:32,667 we as a nation are capable of tackling our toughest 114 00:05:32,667 --> 00:05:36,566 challenges, if we can serve the national interest despite the 115 00:05:36,567 --> 00:05:39,467 unrelenting efforts of the special interests; 116 00:05:39,467 --> 00:05:42,467 if we can still do big things in America. 117 00:05:42,467 --> 00:05:43,967 I believe we can. 118 00:05:43,967 --> 00:05:45,366 I believe we will. 119 00:05:45,367 --> 00:05:48,000 And I urge every member of Congress to stand against the 120 00:05:48,000 --> 00:05:50,367 power plays and political ploys -- 121 00:05:50,367 --> 00:05:53,767 and to stand up on behalf the American people who sent us to 122 00:05:53,767 --> 00:05:56,367 Washington to do their business. 123 00:05:56,367 --> 00:05:57,533 Thanks.