"One-third of the health care dollar goes to no such thing as health care; it goes to the insurance companies."
Insurance companies have seen their profits soar by more than 400 percent since 2001.
Health insurance companies pay CEOs $24 million a year
Health insurance companies are "making record profits, right now."
The health care reform bill -- on Page 16 -- outlaws private insurance.
"We had bipartisan legislation that got through the Senate" that would have prevented bonuses like AIG's "and then somehow mysteriously disappeared."
On whether the government should bail out insurance giant AIG.
"Gas prices have never been higher, and Exxon Mobil's profits have never been higher."
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PolitiFact is a project of the St. Petersburg Times to help you find the truth in American politics. Reporters and editors from the Times fact-check statements by members of Congress, the White House, lobbyists and interest groups and rate them on our Truth-O-Meter. We’re also tracking more than 500 of Barack Obama’s campaign promises and are rating their progress on our new Obameter. >> More
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