Tom Price: “I appreciate that because you triggered in my mind something about cost-of-government programs. And I'm reminded of the…”

“I appreciate that because you triggered in my mind something about cost-of-government programs. And I'm reminded of the fact that when Medicaid itself was instituted in the mid-1960s that there was a wonderful estimate that said that Medicaid, at the turn of the century, when 2000 rolled around, would only cost about $8 billion. In fact, it cost about $80 billion. So the Federal Government is always off by a significant factor, and so when you hear an estimate that this will only cost $108 billion, in fact, we can say with relative certainty that that is a lesser amount than it would actually cost, and it would be much greater burden on the American taxpayer. And I'm pleased to yield back.”