From the ‘Stuff You Already Knew but Now They are Admitting It’ file.
This is Medicare’s Chief Actuary Rick Foster answering questions posed by Rep. Tom McClintock (R., Calif.) during the House Budget Commitee hearing yesterday:
McCLINTOCK: “True or false: The two principle promises that were made in support of Obamacare were one, that it would hold costs down. True or false?”
FOSTER: “I would say false, more so than true.”
McCLINTOCK: “The other promise…was the promise that if you like your plan, you can keep it. True or false?”
FOSTER: “Not true in all cases.”