Transcript: Debate excerpts – President Obama on Romney’s Medicaid block grants

Edited by Jenny Jiang

Excerpts from President Barack Obama’s remarks on Medicaid block grants at the first presidential debate held at the University of Denver, Colorado on Oct. 3, 2012:

“…When you talk about shifting Medicaid to states, we’re talking about potentially a 30 — a 30 percent cut in Medicaid over time.

“Now, you know, that may not seem like a big deal when it just is, you know, numbers on a sheet of paper, but if we’re talking about a family who’s got an autistic kid and is depending on that Medicaid, that’s a big problem.

“And governors are creative. There’s no doubt about it. But they’re not creative enough to make up for 30 percent of revenue on something like Medicaid. What ends up happening is some people end up not getting help.”

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