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Schumer: Obamacare 'Part' of the Reason Health Care Costs Are Increasing

9:53 AM, May 3, 2013 • By DANIEL HALPER
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Democratic senator Chuck Schumer conceded that Obamacare is "part" of the reason health care costs are increasing:

"Our insurance department is empowered to protect families and we're going to watch them like a hawk to make sure they do," said Schumer. "Because if they don't, these rates could go through the roof."

A reporter asked Schumer, "Is it because of Obamacare?"  

"It's in part because of Obamacarem, but health care costs have been going up by double digits for years and years and years."

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