Official: Obama Admin To Tax And Regulate Junk Food

Larry Summers, former chair of the White House National Economic Council: “I think there is no question that the way Americans eat and what Americans weigh is a big contributor to health problems and it’s a big contributor to health costs. It’s not the agenda now, but I think at some point you’re going to see tax measures and regulatory measures that are going to be directed at helping people be healthier. That’s just going to happen and I think it’s probably a good thing when it does.”