In case you missed it, OMB director Peter Orszag was on the Daily Show Wednesday. The man who’s “made nerdy sexy” according to Rahm Emanuel, was on his game, had one thing on his mind: health care.

One of the reasons we need to get health care costs under control is because that is the key thing that is forcing us to borrow as you go out five, 10, 15 years. That’s why the President wants to get health care reform done this year because it brings down costs overt time. … The banking crisis is crucial to what’s happening this year, but as you go out over time, the thing that’s driving our fiscal future is the rate at which health cares costs are growing.

Part I below, part II after the break.

Part II