Friday, September 10, 2010

Obama Today: “We Knew” Health Care Costs Would Rise. Obama Before: Health Care Costs Will Go Down if We Pass This Bill…

WASHINGTON – President Barack Obama told voters repeatedly during the health care debate that the overhaul legislation would bring down fast-rising health care costs and save them money. Now, he's hemming and hawing on that.

So far, the law he signed earlier this year hasn't had the desired effect. An analysis from Medicare's Office of the Actuary this week said that the nation's health care tab will go up — not down — through 2019 as a result of Obama's sweeping law, though the increase is modest.
written by Erica Werner and Calvin Woodward of Associated Press

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