November 10, 2013
President Barack Obama admitted in 2010 that 8 or 9 million Americans would lose their existing health insurance plans under Obamacare.
“The 8 to 9 million people that you refer to that might have to change their coverage — keep in mind out of the 300 million Americans that we’re talking about — would be folks who the CBO, Congressional Budget Office, estimates would find the deal in the exchange better,” Obama said to Rep. Eric Cantor at a February 25, 2010 White House summit on health insurance regulation.
The millions of Americans recently thrown off their existing health plans are finding the deals in the Obamacare exchanges to be not better, but actually much, much worse.
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