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Chief Medicare Actuary on President's health care claims: "I would say false, more so than true"

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Uploaded on Jan 26, 2011

At a House Budget Committee hearing earlier today, Medicare's Chief Actuary Rick Foster provided a concise, damaging verdict on two key promises of the health care law's proponents.

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."

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