Why Healthcare Needs Reform!

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The President gives remarks after hosting a healthcare reform meeting. $2 trillion in national savings was committed by the stakeholders in attendance on May 11th.

CrooksAndLiars.com: Insurance Companies Suddenly Change Their Version of What They Told Obama - Remember Obama's announcement last Monday that insurance companies were going to cut the rate of health care spending?

It was all over the news: “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.”

Now they're insisting they never said such a thing! more...