Former Gov. Sununu: ObamaCare 'a complete failure ... It's destroyed the best health care system in the country'

This is a rush transcript from "On the Record," March 11, 2014. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN, FOX NEWS HOST: Former Governor John Sununu joins us. Good evening, sir.


VAN SUSTEREN: Very well.

SUNUNU: Good to see you, Greta.

VAN SUSTEREN: What do you think of the president selling his product ObamaCare on "Funny or Die"?

SUNUNU: Well, he knows his constituency. I saw something that said he reached a couple million people, getting additional hits into the system. So, it says a lot that that's the most effective way he has found to sell his product.

VAN SUSTEREN: The numbers came out today and the numbers that was -- that -- since October 1st, 4.2 million have enrolled. That doesn't necessarily mean they have paid but they have enrolled. And Secretary Sebelius had said last fall that her goal was seven million by March 31st.

SUNUNU: They have got about two weeks left, two and a half weeks. At the pace they have gotten the last two weeks, they will probably be a little under 4.5 million. So they will be short 2.5 million. And they will probably be short a million and a half on the young people that they were counting on having picked their pockets to pay for the health care for the older folks in town. And with all the discussion of the seven million number, and the 4.5 that they are really going to get, whatever happened to the 40 million that was the target of the uninsured that was sitting out there? This act is a complete failure. It was designed to abuse the young folks and take their money to take care of the health care for old folks like me. It's not working. It's destroyed the best health care system in the country and the president still thinks he has done something.

VAN SUSTEREN: Well, I think that's why he appeared in this comedy routine. You mentioned, the young people is that what the White House said. 38 percent of the seven million enrollees had to be between the age of 18 and 34. As of today, of the --


SUNUNU: 1.1.

VAN SUSTEREN: 25 percent.

SUNUNU: Yeah, they have about 1.1.

VAN SUSTEREN: 25 percent. Well below the --


SUNUNU: They're about a million and a half, a million and three- quarters short when they finish.

VAN SUSTEREN: So what happens come April 1st?

SUNUNU: Taxpayer money. They are just going to go and raid the treasury. And the middle class in America is again going to get hit. So here is an ObamaCare package that -- of those that young people that did enroll, taking 2,000 to $3,000 extra out of their pocket that they shouldn't, and then they are going to hit the taxpayer to make up the difference. And they are forcing the piece that is not being talked about, is they are forcing really by pressure, the states to expand Medicaid, and that's going to be a ticking time bomb on state budgets for the next decade.

VAN SUSTEREN: Do you think President Obama thinks that way?

SUNUNU: I don't think he understands. I think he decided he wanted to take care of health care, whatever "take care of" means. He wanted it to be dedicated to himself. And he told Harry Reid and Ms. Pelosi to go and write the bill. And, to this day, I don't think he knows what's in it, except when they ask him to give another extension for a failed component of the legislation.

VAN SUSTEREN: Do you have any problem with him giving those extensions? Some people said it abuses his power, that he is legislating, that he is not enforcing the statute but he is legislating when he picks and chooses?

SUNUNU: I have real problems with the president not obeying the law. I think it sets a horrible precedent. I am just hoping that somebody will find a way to get appropriate standing in that process and take this thing all the way up to the Supreme Court. It's wrong. And that the president is willing to break the law, you are going to see young people not enrolling. One of the reasons they are not enrolling is they don't mind breaking the law if the president is breaking the law.

VAN SUSTEREN: Governor, always nice to see you. Thank you, sir.

SUNUNU: Thank you.