Diary

Fraud Alert: Obamacare

Just as Nancy Pelosi said when the American people wanted Congress to read the health care bill  “we need to pass the bill to see what’s in it“.

Human Events

Deroy Murdock
Barely on the Tarmac, Obamacare is Poised to Crash

NEW ORLEANS — Just five weeks since the President of the United States signed ObamaCare into law, it already resembles an overweight airplane lumbering down the tarmac, poised to crash and burn soon after takeoff. ObamaCare’s excess cargo of broken promises threatens such a catastrophe.

•“The plan I’m announcing tonight,” President Barack Obama promised a joint session of Congress last September 9, “will slow the growth of health-care costs for our families, our businesses, and our government.”

Not so fast, warns Medicare’s Office of the Actuary. In a devastating, independent, 38-page analysis released on April 22, Chief Actuary Richard Foster forecast, “The growth rate reductions from productivity adjustments are unlikely to be sustainable on a permanent annual basis…We show a negligible financial impact over the next 10 years for the other provisions intended to help control future health care cost growth.”

Read full story here

The opponents to this bill stated all throughout that there would not be the overstated cost savings in this bill that the administration was claiming. Passing a bill to see what’s in it is the most irresponsible act any congress person could ever do and this needs to be remembered for all time.

 

See more Obama falsehoods here