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Exclusive: Leading Democrat Admits ObamaCare Does Not Address Healthcare Cost Containment

natch Wrote: Apr 26, 2013 9:43 AM
It's so nice of our elected officials to want help us little people by trying to find ways to contain the costs of healthcare.

During a subcommittee hearing on Capitol Hill yesterday, Democratic Rep. Jackie Speier told Republicans and witnesses ObamaCare is here to stay but admitted the bill does nothing to contain or reduce healthcare costs despite the official name of the legislation being "The Affordable Care Act."

"There are issues we have to address in the Affordable Care Act around cost containment because the bill does not address that."

Analysts have been saying for years that ObamaCare wil increase, not decrease costs. Just recently we learned the average...