Obamacare won’t curb national health-care spending, according to this morning’s Wall Street Journal:
The report by federal number-crunchers casts fresh doubt on Democrats’ argument that the health-care law would curb the sharp increase in costs over the long term, the second setback this week for one of the party’s biggest legislative achievements.
The Wall Street Journal reported Wednesday that insurance companies have proposed rate increases ranging from 1% to 9% nationwide that they attribute specifically to new health-law coverage mandates.
What I’d like to know: How many people actually believed that Obamacare would reduce health-care spending? (Click through to the article for charts.)