At a campaign speech this evening in Roanoke, Virginia, President Obama seemed to concede that his signature legislation, Obamacare, is in fact a “tax.”

“Six million young people who did not have health insurance can now stay on their parents’ plan and get health insurance,” President Obama said, touting Obamacare, according to a rush transcript. “Seniors are seeing their prescription drug costs go down and, by the way, if you have health insurance, you are not getting hit by a tax.”