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Romney Praises Israel's Socialized Health Care System
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| Contributor | RP |
| Last Edited | RP Jul 30, 2012 10:13am |
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| Category | News |
| Author | Zeke Miller |
| News Date | Monday, July 30, 2012 01:30:00 PM UTC0:0 |
| Description | Presumptive Republican nominee Mitt Romney offered praise for the Israeli health care system today — a medical plan that has been socialized since its founding in 1948.
"When our health care costs are completely out of control. Do you realize what health care spending is as a percentage of the GDP in Israel? 8 percent. You spend 8 percent of GDP on health care. And you’re a pretty healthy nation," Romney told donors at a fundraiser at the King David Hotel in Jerusalem, speaking of a health care system that is compulsory for Israelis and funded by the government. "We spend 18 percent of our GDP on health care. 10 percentage points more. That gap, that 10 percent cost, let me compare that with the size of our military. Our military budget is 4 percent. Our gap with Israel is 10 points of GDP. We have to find ways, not just to provide health care to more people, but to find ways to finally manage our health care costs."
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