NYTIMES: Health Care Leaders Say Obama Overstated Their Promise to Control Costs
WASHINGTON — Hospitals and insurance companies said Thursday that President Obama had substantially overstated their promise earlier this week to reduce the growth of health spending.
Mr. Obama invited health industry leaders to the White House on Monday to trumpet their cost-control commitments. But three days later, confusion swirled in Washington as the companies’ trade associations raced to tamp down angst among members around the country.
After meeting with six major health care organizations, Mr. Obama hailed their cost-cutting promise as historic.
“These groups are voluntarily coming together to make an unprecedented commitment,” Mr. Obama said. “Over the next 10 years, from 2010 to 2019, they are pledging to cut the rate of growth of national health care spending by 1.5 percentage points each year — an amount that’s equal to over $2 trillion.”
Health care leaders who attended the meeting have a different interpretation. They say they agreed to slow health spending in a more gradual way and did not pledge specific year-by-year cuts.
- OBAMA IS PINKO, TWO-BIT CHICAGO MACHINE THUG AND A LYING A PIECE OF CRAP.
- HE WOULDN'T KNOW THE TUTH IF IT BIT HIM ON HIS BLACK & WHITE ASS.
- LEFT UNSTOPPED, OBAMA WILL DESTROY THE USA - AND WITH IT THE FREE WORLD.
- DISSENT ACCORDINGLY.