Jul. 16, 2014

Obama’s $1.2 Trillion Lie

Insurance premiums are up. Way up.

The cost of Barack Obama’s more infamous lie is enough to give just about anyone a heart attack. “[W]e’re going to work with you to lower your premiums by $2,500 per family per year,” Obama repeatedly declared during his first presidential election bid. Years later, reality is hitting our wallets hard. “How would you feel if someone promised to give you a car, and then reneged on that pledge?” asks Louisiana Gov. Bobby Jindal. “That’s how all Americans should feel when it comes to ObamaCare – because Barack Obama’s failed and discredited campaign promise to lower health insurance premiums has cost the average American family an amount equal to the price of many new cars.” Jindal says, “Americans have faced a cumulative $6,388 per individual, and $18,610 per family, in higher costs because President Obama’s health plan has failed to achieve its promised premium reductions. Overall, that amounts to $1.2 trillion in higher premium costs due to ObamaCare’s failure to deliver.” This is what fundamental transformation looks like, masqueraded with the art of the “Big Lie.” More…

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