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Obamacare Promises — True or False?
January 26, 2011 5:14 P.M.
By Andrew Stiles
Testifying before the House Budget Committee this morning, Medicare’s Chief Actuary Rick Foster answered questions from Rep. Tom McClintock (R., Calif.) on what’s true, and what not so true, about the health care law:http://www.youtube.com/v/XC9rhGWJA2w&rel=0
From the transcript:
McCLINTOCK: “True or false: The two principle promises that were made in support of Obamacare were one, that it would hold costs down. True or false?”
FOSTER: “I would say false, more so than true.”
McCLINTOCK: “The other promise…was the promise that if you like your plan, you can keep it. True or false?”
FOSTER: “Not true in all cases.”