State of the Union Addresses of Barack Obama, 2009-2016Obama, Barack
General
State of the Union Addresses of Barack Obama, 2009-2016
Obama, Barack
Presidents -- United States -- Messages; United States -- Politics and government -- Sources
And for that same reason, we must also address the crushing cost of
health care. This is a cost that now causes a bankruptcy in America
every 30 seconds. By the end of the year, it could cause 1.5 million
Americans to lose their homes. In the last 8 years, premiums have grown
four times faster than wages. And in each of these years, 1 million
more Americans have lost their health insurance. It is one of the major
reasons why small businesses close their doors and corporations ship
jobs overseas. And it's one of the largest and fastest growing parts of
our budget. Given these facts, we can no longer afford to put health
care reform on hold. We can't afford to do it. It's time.
Already, we've done more to advance the cause of health care reform in
the last 30 days than we've done in the last decade. When it was days
old, this Congress passed a law to provide and protect health insurance
for 11 million American children whose parents work full time. Our
recovery plan will invest in electronic health records, a new
technology that will reduce errors, bring down costs, ensure privacy,
and save lives. It will launch a new effort to conquer a disease that
has touched the life of nearly every American, including me, by seeking
a cure for cancer in our time. And it makes the largest investment ever
in preventive care, because that's one of the best ways to keep our
people healthy and our costs under control.
This budget builds on these reforms. It includes a historic commitment
to comprehensive health care reform, a down payment on the principle
that we must have quality, affordable health care for every American.
It's a commitment that's paid for in part by efficiencies in our system
that are long overdue. And it's a step we must take if we hope to bring
down our deficit in the years to come.
Now, there will be many different opinions and ideas about how to
achieve reform, and that's why I'm bringing together businesses and
workers, doctors and health care providers, Democrats and Republicans
to begin work on this issue next week.
I suffer no illusions that this will be an easy process. Once again, it
will be hard. But I also know that nearly a century after Teddy
Roosevelt first called for reform, the cost of our health care has
weighed down our economy and our conscience long enough. So let there
be no doubt: Health care reform cannot wait, it must not wait, and it
will not wait another year.
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