Transcript of Michael Moore on Larry King

King: Let's say Obama promises tax cuts for 95 percent of the people. How do you do that and solve health care and all the other problems that need to be paid for?

Moore: Are you asking me if I were drawing up the next budget?

OK. Here's what you do. You end the war in Iraq. That's $10 billion a month that we're spending that could be spent on repairing our roads, building bridges, building schools, increasing our workforce of nurses -- all the things that we really need in this country. We could start by taking the money away from this war and the money away from crazy Pentagon ideas that haven't done us any good and have only hurt us. That's one really good place to begin to find the money that needs to happen.

But the thing about health care, you bring that up. You don't have to go and print money like they're doing to pay off the rich in this big, you know, theft that's going on right now in Wall Street. Health care actually will pay for itself, if the government ran it, if it was non-profit. Remember, so much of our health care problem is because the health insurance companies have to make a huge profit. And they build that profit in. And that's why we pay more for health care than any other country on this planet.

So if we actually did it the way that every other civilized country does it, it would not cost anywhere near what it costs right now. There actually would be a savings.