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Obama repeats healthcare savings whopper

Tuesday, May 26, 2009
By Dan

Repeating a lie doesn't make it a fact.

Here's Hope™-ing you believe me this time

A lot of people commented over the weekend about Obama’s statement to C-SPAN that “we’re out of money.”  But lost in the hubbub is his repeat of a healthcare savings whopper (at around 2:30):

“One of the very promising areas that we saw was, these insurance companies, drug companies, hospitals, all these stakeholders coming together, committing to me, that they would reduce costs by 1.5% per year. If we do that — seems like a small number — ya end up saving $2 trillion.”

As we noted last week, this is not what these stakeholders promised.  They promised to work to reduce costs by 1.5% within 10 years, not per year.  Obama’s restatement of this fib (and the $2 trillion estimate — which could not reasonably be saved under the actual agreement), as far as I can tell, have gone unchallenged.

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This entry was posted on Tuesday, May 26th, 2009 at 4:05 pm and is filed under Healthcare, Legal, Politics. You can follow any responses to this entry through the RSS 2.0 feed.

One Response to “Obama repeats healthcare savings whopper”

  1. Fool me once. . . | Daily Danet
    July 17, 2009 at 4:56 pm

    [...] reduced and (ii) we are going to get this done, no matter who gets in the way.  Obama once again repeated the lie that hospitals had agreed to reduce costs by 1.5% per year for the next 10.  Obama once again promised that costs would be cut, waste would be eliminated and [...]

    #223

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