White House Admits Obamacare Raised Insurance Premiums
5:15 PM, Sep 29, 2011 • By MARK HEMINGWAY
This is remarkable. One, the White House is saying that they know more about the costs of implementing Obamacare than the collective decisions of the entire insurance market. (DeParle's statement also conflicts with the findings of the government's own analysts.) And two, the White House really moved the goal posts on the president's promised insurance savings. Obama promised many, many times to "cut the cost of a typical family's premium by up to $2,500 a year."
Now the White House is saying that they'll lower premiums by only $2,000 a year, and that won't happen until 2019 -- three years after the president's supposed second term comes to an end?