How Shocking!!!
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President Changes Tune on Health-Care Costs
By Gerri Willis
Published September 13, 2010 | FOXBusiness
From day one of his administration, President Obama has said his plan to overhaul health care will bring rising costs down.
But as time passes since signing the new law, the White House, including the president himself is seemingly hemming and hawing on that.
A report from the U.S. Centers for Medicare and Medicaid services - or CMS - says health care spending will actually accelerate. The report says spending will rise annually more than 6%-reaching more than $4.5 trillion in 2019.
By 2019 - nearly 93% of Americans should have coverage. The increase in demand means nearly double the amount of money spent on health care - meaning the costs aren't going down - they're just shifting!
So now, the president is claiming he never said he expected to extend insurance coverage for free!
Maybe that's what you thought - but it's not what you said.
On March 3 he said: "my proposal would bring down the cost of health care for millions."
But on Friday, he changed his tune to "the goal is to slowly bring down costs."
So will it or won't it?
It's about time you got your stories straight for the American public, if you don't understand the new law - how are we supposed to?
But as November approaches I don't see anyone at 1600 Pennsylvania Avenue taking back the empty promises they made from the start.
Be sure to catch the Willis Report on the FOX Business Network every weekday from 5-6pm ET.
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