Remember when President Obama promised that his health care law would lower costs and let Americans keep coverage they like? For example:

  • "(The committee) has produced a proposal that will finally lower health care costs..." (Obama says Senate healthcare plan will lower costs, Reuters, 6/15/09)
  • “This week, I conveyed to Congress my belief that any health care reform must be built around fundamental reforms that lower costs, improve quality and coverage, and also protect consumer choice. That means if you like the plan you have, you can keep it. If you like the doctor you have, you can keep your doctor, too. The only change you'll see are falling costs as our reforms take hold.” (Obama's Weekly Address: Goals for Health Care Reform, Real Clear Politics, 6/6/09)
  • “If you like your doctor, you’re going to be able to keep your doctor.  If you like your plan, keep your plan.” (Remarks at George Mason University, WhiteHouse.gov, 3/19/10)

Well, according to Associated Press, Obama Administration official and Medicare chief actuary Richard Foster says these lofty promises are “unlikely to be fulfilled” by the job-destroying health care law:

"Two of the central promises of President Barack Obama's health care overhaul law are unlikely to be fulfilled, Medicare's independent economic expert told Congress on Wednesday.

"The landmark legislation probably won't hold costs down, and it won't let everybody keep their current health insurance if they like it, Chief Actuary Richard Foster told the House Budget Committee. His office is responsible for independent long-range cost estimates. ...

"Foster was asked by Rep. Tom McClintock, R-Calif., for a simple true or false response on two of the main assertions made by supporters of the law: that it will bring down unsustainable medical costs and will let people keep their current health insurance if they like it.

"On the costs issue, 'I would say false, more so than true,' Foster responded.

"As for people getting to keep their coverage, 'not true in all cases.'

Foster’s skepticism is shared by a group of 200 economists who call the law “a barrier to job growth,” “a massive spending increase and a crushing debt burden.” State legislators have called it a “tremendous financial burden” on states (and taxpayers). And Reuters reports that “[n]early two-thirds of U.S. doctors surveyed fear healthcare reform could worsen care for patients…”

The new House majority recently voted to repeal ObamaCare and to craft legislation delivering real reforms that will help lower health care costs, protect jobs, and prohibit taxpayer funding of abortion. And Fox News reports that Senate Republican Leader Mitch McConnell (R-KY) has begun “the legislative process of forcing the House-passed health care repeal bill to the Senate floor for a vote.” Stay tuned.

READ MORE:
Keeping the Pledge: New Majority Moves to Stop Taxpayer Funding of Abortion (1/20/11)
It’s a Majority: 26 States Challenging ObamaCare Law in Court (1/20/11)
Pre-Existing Disaster: ObamaCare Fails Taxpayers & Patients (1/19/11)
Boehner on Hannity: Repealing ObamaCare is About Cutting Spending & Creating Jobs (1/19/11)
Job Creators Speak Out for Repeal: ObamaCare Threatens Jobs & Economic Growth (1/18/11)