By: Examiner Editorial Staff
House Speaker Nancy Pelosi wasn’t kidding when she famously said Congress had to pass Obamacare “so you can see what’s in it.” And now as more people find out what’s in the 2,700-plus pages of the law, a steadily lengthening list of President Barack Obama’s promises are being exposed as empty.
Obamacare was going to reduce federal health care spending. Now, the Center for Medicare and Medicaid Services in the president’s own Department of Health and Human Services estimates federal health spending will increase at least $311 billion. Obamacare was going to let everybody keep their private health insurance if they chose to. Now Fortune magazine reports that companies across the country are looking at dropping health coverage for their employees because Obamacare makes it profitable to do so. Obamacare was not going to raise insurance premiums. Now another CMMS report says premiums are going up because of Obamacare’s provision allowing children to stay on their parents’ policies until age 26.
Here’s another Obamacare myth biting the dust. Remember when Obama and congressional Democrats made a big show of dropping the public option government insurance program that was supposedly going to give private insurers competition and drive rates down?