Thursday, February 25, 2010

Obama Corrects Himself on Insurance Premiums

President Obama just admitted he was incorrect in his earlier exchange with Sen. Alexander, and that the Senate bill will raise premiums by $2,100 on average per family in the non-group market.  He defended this though, saying that people would get “better” coverage – because Washington bureaucrats forced them to buy it.  But the focal point of the President’s campaign plan was that his proposal would “save $2,500 annually for [the average] family.”

How is breaking a campaign promise to raise costs for working families “change we can believe in?”