Update: Audio Reveals Obama Mocked Paul Ryan During 'Hot Mic' Session

We've already brought you an excerpt from the president's "hot mic" incident in Chicago in which he asked "You think we're stupid?" in recalling a health care conversation with Republicans. Now, ABC's Jake Tapper has the extended version of that audio, and also reveals the president mocked GOP deficit hawk Paul Ryan and his voting record.

(Watch our original video.)

First, Tapper gives the full context of the earlier health care remark:

"And so you know they had a provision on repealing health care, they had a provision on basically repealing the EPA. They had a provision on making sure that we didn’t do anything on climate change," the president said. "And I remember at one point in the negotiations one of Boehner’s staff people pipes up and says, ‘You don’t understand Mr. President, we’ve lost on you know, on health care, we’ve lost on the EPA, we’ve given that up, we’ve got to have something to sell to our caucus.’

"And I said to them, let me tell you something: 'I spent a year and a half getting health care passed. I had to take that issue across  the country and I paid significant political costs to get it done. The notion that I’m going to let you guys undo that in a 6 month spending bill?' I said, 'You want to repeal health care? Go at it. We'll have that debate. You're not going to be able to do that by nickel-and-diming me in the budget. You think we're stupid?'"

Then he explains the president's criticism of Ryan:

"Eliminating the health care bill would cost us $1 trillion dollars," the president said. "It would add $1 trillion to the deficit. So when Paul Ryan says his priority is to make sure, he's just being America's accountant and trying to you know be responsible, this is the same guy that voted for two wars that were unpaid for, voted for the Bush tax cuts that were unpaid for, voted for the prescription drug bill that cost as much as my health care bill -- but wasn't paid for. So it's not on the level. And we’ve got to keep on you know, keep on shining a light on that.”

You can listen to both below:

And finally, Tapper details the comments the president made regarding defunding Planned Parenthood, including an apparent veto threat:

About the GOP attempts to de-fund Planned Parenthood, the president said he told Boehner and Senate Minority Leader Mitch McConnell, R-Kentucky, was "'You guys want to have this debate? We’re happy to have that debate. We will have the debate on the floor of the Senate or the floor of the House. Put it in a separate bill. We'll call it up. And if you think you can overturn my veto, try it. But don't try to sneak this through.'"

"The interesting thing actually is how little traction these social issues are getting these days," the president said. "I just think the country is moved into a different place. I think there are some folks who feel very strongly about it. But a lot of these hot button cultural issues, I think there’s a generational change taking place in part where people say, 'You know what, we may have disagreement about his, but this is not what we’re worried about. We’re not worried about the gay family next door. We’re not worried about what women are doing in terms of maintaining their health. We’re trying to figure out how to move America forward.'"

You can read the rest over at Tapper's blog, including Ryan's and Boehner's reactions (hint: Boehner's is quite curious).

(H/T: Mediaite)