“ObamaCare Controls Costs” Is Completely Unsupported By Facts

Defenders of ObamaCare continue to insist that the Democrats’ health care law will help control costs, shrink the deficit and reduce health care spending. Just this week, President Obama insisted that the law is containing costs. It’s becoming increasingly clear that this desperate claim is completely unsupported by facts.

A new report out by the Centers for Medicare and Medicaid Services (CMS) actuaries found that not only will the nation’s health care spending bump up by 6.1% next year as ObamaCare speeds into full gear, but that ObamaCare is increasing health spending higher than it would be without the law!

From Yahoo! Finance:

“The nation’s health care spending will jump by 6.1 percent next year as the big coverage expansion in President Barack Obama’s overhaul kicks in, government experts predicted Wednesday…Much of the increase projected for next year is attributed to the new health care program, which is expected to provide insurance coverage to millions of currently uninsured Americans beginning Jan. 1. Without it, the estimated growth would be 4.5 percent, according to the report Wednesday from Medicare’s Office of the Actuary.”

We already know that ObamaCare is causing families to lose their health insurance and have less access to their doctors. So when President Obama and the Democrats ignore those effects, and then struggle to defend ObamaCare by insisting that the law cuts costs, remember that such claims are simply empty assertions from an increasingly hollow White House.

As Townhall’s Guy Benson writes today:

“The silver lining is that nobody believes him on this subject anymore; the broken promises have taken their toll. Given the drumbeat of bad news…is it any wonder that a solid majority of Americans would prefer to turn back the clock and pretend Obamacare never happened?”